Tag: Merger

HDFC Bank – Birth of a financial services conglomerate

HDFC, the largest Housing Finance institution, (started as a specialised mortgage company in 1977), fostered and nurtured and now handed over to HDFC Bank,...

From abrasives and bicycles to agrichemicals to finserve… The ‘Gromore’ group

In the early years of independence, the Murugappa Group under the chaimanship of Sir Arcot Ramaswami Mudaliar as Chairman and A M M Murugappa...

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...

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...

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