X to IV – Mega PSB Merger

FM Sitharaman said on Wednesday that the government is trying to create big next-generation #banks. The government’s intention is to not just give capital but also give good governance. The #government will also separate sanctioning and monitoring of #loans and will form special agencies to monitor loans.

✔Allahabad Bank and Indian Bank will have the lowest Non-Performing Assets, high Provisioning Coverage Ratio and strong Current account and Savings Account ratio. Indian Bank might see a fall in its asset quality due to Allahabad Bank’s unhealthy loan book ratios.

✔Syndicate Bank and Canara Bank share a similar #culture and global reach. The merged entity will become the 4th largest lender in the country with a better combined PCR.

✔The merger between Union Bank of India, Andhra Bank, and Corporation Bank will improve the PCR of the combined entity but will have the highest gross NPA ratio.

After this move, the total number of PSBs in the country will come down to 12 from 27 in 2017.

October 1, 2022
Monthly Snapshot – September 2022
Click here to download the report The US market is witnessing the sharpest reversal in its real-estate sector after...
September 20, 2022
Conflict Theory
Why are we Constantly Competing?  “A house may be large or small; as long as the neighboring houses are...
September 6, 2022
Cosmo First Limited
Key Highlights Rebranded to Cosmo First Limited Foraying into the D2C Petcare industry with the launch of ZIGLY, a...
September 2, 2022
Monthly Snapshot – August 2022
Click here to download the report China has undertaken a slew of economic measures and policies to revive its...
July 31, 2022
Monthly Snapshot – July 2022
Download the report The GST Council recently reviewed tax rates and assumptions for certain items to promote growth in...
July 5, 2022
Monthly Snapshot – June 2022
Click here to download the report WTO recently made special announcements- the end of fishing subsidies to illegal fisheries...
June 29, 2022
Kansai Nerolac Paints Limited
Click here to download the report Key Highlights Nerolac introduced Neropoxy Solvent Free coating for water pipelines and C5...
June 3, 2022
Monthly Snapshot – May 2022
Click here to download the report When it comes to instant noodles which is the first brand that comes...
May 12, 2022
Campus Activewear Limited
Click here to download the report Campus Activewear: Athleisure Super-Giant in the making? Overview Campus Active Ltd. (NSE: CAMPUS)...
April 30, 2022
Monthly Snapshot – April 2022
Click here to download the report When we think or hear of e-commerce websites, the first few names that...