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Will work only if there are synergies…

A merger of banks may not merely be an arithmetic sum of the strengths of both banks. In some cases, it may be the opposite due to the coming together of entities with different cultures. Dr. Y V Reddy, former Governor of Reserve Bank of India, said: “Mergers are successful only

Triveni Sangam: lipstick on a pig?

Want to rescue a sick bank? Well, merge it with a healthy one. There is a convincing case for the merger of Indian banks so that they can compete universally. But a forced merger is as fatal as a forced marriage. So three PSU banks— Bank of Baroda, Dena Bank and