000			04202nam a2200217Ia 4500
003			OSt
005			20240124163300.0
008			180320s2006 xx 000 0 und d
040			_c.
100			_aVineeta Teresa Varghese
245			_aA Critical Appraisal of Mergers in the Indian Banking Industry
260			_aBangalore _bNLSIU _c2006
300			_a90p
505			_aTABLE OF CONTENTS 1. TABLE OF CASES; 2. CHAPTER I – INTRODUCTION; ~ History and Evolution of the Indian Banking System; ~ Overview of the Indian Banking Industry and the emergence of the Merger wave; ~ The Indian Banking System-Progress so Far; ~ Research Methodology; 3. CHAPTER II - CONSOLIDATION IN THE INDIAN BANKING INDUSTRY: ~ Merger-Growth and Diversification 'through Consolidation; ~ The race for size, efficiency, synergies and profitability; ~ Why merger in Banks-A necessity? ~ Objective behind mergers and acquisitions in banking industry ~ Benefits of Bank Mergers; ~ Why Consolidation in the Indian Banking Industry? ~ Risk Associated with Consolidation; 4. CHAPTER III -THE EXISTING LEGAL FRAMEWORK GOVERNING BANK MERGERS: I) Compliance with the Regulations of the Banking Regulation Act; "Voluntary Amalgamation-Section 44A ~ Banking Regulation Act to override memorandum and articles of association; ~ Compulsory Amalgamation-Section 45. " Protection of Depositor's Interest; II) Procedural Aspects of Bank Mergers: a. Merger of a private bank with a nationalized bank; b. Merger of a nationalized bank with State Bank of India {SBI); c. Merger of a nationalized bank with a subsidiary bank of State Bank of India; d. Merger of a private bank with State bank of India or its subsidiaries; e. Merger/ Amalgamation in the cooperative banking sector and Regional Rural Banks; f. Merger/Amalgamation of a Non- Banking Financial Company. 5. CHAPTER IV- THE RESERVE BANK OF INDIA'S MERGER REVIEW PROCESS: I) The Regulation and Supervision of Amalgamation of Banks by the RBI; II) The Role of the RBI vis-it-vis the Role of the Courts in effecting the merger/amalgamation of banks: a. Role of the Courts in Corporate Mergers and Amalgamations; b. Role of the Courts in the amalgamation of banks; 6. CHAPTER V - EMPLOYMENT IMPACT OF MERGERS IN THE INDIAN BANKING SECTOR: Interests of the employees in Corporate Mergers; Interests of the employees in Bank Mergers; 7. CHAPTER VI -TAX IMPLICATIONS AND ACCOUNTING ASPECTS OF MERGERS AND ACQUISITIONS IN THE BANKING INDUSTRY: a. Accounting Procedure. b. Taxation; c. Valuation methods: A) Earnings based valuation; B) Market based valuation; C) Asset based valuation; d. Methods of acquisition pricing; e. Bank earnings and stock prices: Which earnings matter? f. Evidence from market responses to bank M&A announcements; 8. CHAPTER VII -INTERNATIONAL DIMENSIONS IN CROSS BORDER MERGERS IN THE BANKING SECTOR: ~ Consolidation in Asian Countries; ~ Foreign Bank stakes in Indian Banks; ~ RBI's road map for foreign banks in India: a. Phase I: (March 2005 to March 2009): 1. New Banks - first time presence; 2. Existing banks - Branch expansion policy; 3. Conversion of existing branches to Wholly Owned Subsidiaries; 4. Acquisition of Shareholding in Select Indian Private Sector Banks; b. Phase II: (March 2005 to March 2009): 1. According Full National Treatment to Wholly Owned Subsidiaries of Foreign Banks; 2. Dilution of Stake in Wholly Owned Subsidiaries; 3. Mergers and Acquisition of any Private Sector Bank in India; >- Impact of Basel II Accord in Bank mergers; 9. CHAPTER VIII - CONCLUSION: a) Why bank mergers do not succeed? b) How to make bank mergers successful? 1. IT implication; 2. Human resources issue; 3. Cultural shift; 4. Shareholder value; c) The Road ahead for consolidation in the Indian Banking Industry; d) Problems and Suggestions/solutions; . BIBLIOGRAPHY
650			_aBank Mergers - Legal Framework,
650			_aIndian Banking System - History & Evolution,
650			_aPrivate Bank and Nationalized Bank - Merger
700			_aProf. M P Padmanabha Pillai - Guide
856			_uhttp://opac.nls.ac.in:8081/xmlui/handle/123456789/1358
942			_2ddc _cDIS
999			_c110583 _d110583