Bank Consolidation

TMS Ep471: Inflation, Maruti-Toyota, bank consolidation, Kashmiri saffron

Will tomato prices sour RBI's fight against inflation? Is Maruti getting dependent on Toyota? Will HDFC merger trigger consolidation among PSU banks? Why's Kashmiri saffron so expensive? Answers here

Saudi's biggest lender NCB to merge with Samba to create $223 bn entity

Low oil prices and weak economic growth are pushing bank consolidation across the Gulf

Mega bank consolidation: Meeting April 1 deadline appears challenging

Even after Cabinet approval to the proposed mega merger plan, officials said, fixation of share swap ratio, shareholders consent and other regulatory approvals are expected to take at least 30-45 days

Further consolidation or merger of banks will depend on need: Anurag Thakur

'We have successfully done the mergers and recapitalisation of the banks', said Thakur

Committed to bank consolidation and privatisation of IDBI bank: Jaitley

Finance minister Arun Jaitley on Friday said the government is committed to consolidation of banks and privatisation of IDBI Bank. "I stand by both these announcements and will happen at appropriate time once the financial health of the banks strengthen," he said.Jaitley argued that merging two weak banks or merging a weak with a strong banks is not an option.A day after presenting the budget 2018-19, Jaitley said the government initially considered adopting a universal approach for health insurance scheme but settled for a bit limited coverage, given the fiscal ambiguity over it. He announced the scheme in the Budget for providing health cover to 10 million households or 50 million peopole, constituting roughly 40 per cent of the country. The scheme which is expected to be launched in FY19, is expected to be entirely state funded. "A social security regime is beginning to take shape in India," Jaitley said. "As of now, Rs 20 billion has been provided for the scheme" he added. ...

Govt to speed up state bank mergers for economic revival, tackling NPAs

Banking sector reforms are a major plank of Modi's administration to revive credit growth

India does not need too many govt banks; consolidation the right move

State-run banks will reduce in number but get healthier to stand up to competition from global banks

Govt actively working towards bank consolidation: Arun Jaitley

The minister hinted that a solution is coming very soon

Bank consolidation: Merger by size no quick fix

However, if done methodically, with an eye on regional presence, it could provide a hedge against asset quality issues in the long run