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Consolidation In Indian Banking Industry – Need Of The Hour, Syed Ahsan Jamil, Bimal Jaiswal, Namita Nigam
Consolidation In Indian Banking Industry – Need Of The Hour, Syed Ahsan Jamil, Bimal Jaiswal, Namita Nigam
Business Review
This study is aimed at trying to unravel the fast and metamorphic changes been brought about within the Indian banking industry. With the government in India clearly specifying that it will liberalize the entry of foreign banks in India by 2009 alarm bells have started ringing for underperforming banks who largely nurtured under government protection and lack of competition. It is now a fight for survival. Consolidation seems to be the only viable solution for most of theses beleaguered banks.