If the banking sector saw a consolidation process, it was all due to the spurt of mergers and acquisitions (M&As) in other industries. Banks merged to keep costs and prices low, leverage on advanced technology, diversify risk, increase market reach and provide a one-stop financial solution to its customers. Worldwide, this transformation first began when Europe’s two largest banks, Union Bank of Switzerland and Swiss Bank Corp, merged. Similar deals took place in the USA too and in India. Post-1991 crisis, economic reforms took off and soon transformed the Indian banking industry with the help of global technology developments. Read this book for issues and processes relating to mergers, in the context of the contemporary Indian scenario and the global experience.
ABOUT THE AUTHOR Sandipa Lahiri Anand
Sandipa Lahiri Anand is an MBA (Environment) from Indian Institute of Social Welfare and Business Management (IISWBM), Calcutta University; an M.Sc in Disaster Management from Sikkim Manipal University; and a Diploma holder in Industrial Pollution and Control from Annamalai University. She is also a certified Lead Auditor for Environment Standard. Earlier she worked as an Environment Consultant for four years in a leading lead-acid battery manufacturing industry and was instrumental in getting ISO 14001 for two of its factories. She was also associated with IISWBM, Kolkata as a Guest Faculty for postgraduate courses. Presently she is working as a Research Associate at the ICFAI Business School Research Center, Kolkata. Her areas of research interest are corporate social responsibility, health and safety, ergonomics, environment and other socio-economic issues in business and topics of national interest.
ABOUT THE AUTHOR Vandana Shajan
Vandana Shajan holds a PGDBA from ICFAI Business School, Hyderabad. She is currently working as an Associate Consultant at ICFAI Business Research Center, Kolkata. Her articles have appeared in various magazines published by the ICFAI University Press. Her areas of interest are banking, international economics, investment management and current issues like environment and socioeconomic issues.
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