... and the only option left for old private sector banks is to seek shelter

IIPM PUBLICATION
Just few days back, after a long tussle between leading Indian banks, United Western Bank (UWB) finally fell into the kitty of IDBI Bank. And it was last month only that Lord Krishna Bank (LKB) was engulfed by Centurion Bank of Punjab, which is by now famously acknowledged as a merger specialist. While beleaguered banks like LKB & UWB may have found a solution to their problems by tying a knot with other leaders in the industry, there are other deprived ones still looking for partners. However, the point of worry is who is responsible for this pitiable plight of old private banks. Is it that the regulation governing these banks (which has actually been a centre of debate these days) are too tight, or are these banks taking things lightly?

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

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