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India is now moving in the direction of fewer but larger mega banks.
While merging banks should keep in mind the inherent strengths and weaknesses of a taken over bank. Fundamental features like Portfolio, NPA levels, capital adequacy, technology levels, staff issues should be closely considered when planning for a merger...
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Fundamental features like Portfolio, NPA levels, capital adequacy, technology levels, staff issues should be closely considered when planning for a merger.
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Data(Global):
? Credit Agricole buys Credit Lyonnais for ?1.9bn in 2002
? Citigroup acquires Golden State Bancorp for US$5.8bn in 2002
? JP Morgan Chase merges with Bank One in US$59bn deal in 2003
? Bank of America buys FleetBoston Financial for US$49bn in 2003
? BNP Paribas pays US$2...
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