Analysts don't see much value in IDFC Bank-Shriram merger

An outright merger may not be easy given the structure of the groups

A merger between Shriram group of companies and IDFC group would not be easy and could face regulatory hurdles, analysts said. 

Though the groups have neither confirmed nor denied a merger, a senior official at the Shriram group, requesting anonymity, said some discussions were on. A source said the Shriram Capital board was meeting on Saturday, where the main item on the agenda could be striking some form of alliance with IDFC Bank.

Shriram Capital is the holding company of the two listed firms, Shriram Transport Finance and Shriram City Union Finance, as well as a couple of other unlisted firms.

Business Standard