Merger of bank of rajasthan with

Robert Lensink and Iryna Maslennikova. Due to a series of actions from the regulators, the Tayal family decided to merge the bank with ICICI Bank, the second largest bank in India which was looking for a target to increase their customer base and geographical reach in northern India.

Due to a series of actions from the regulators, the Tayal family decided to merge the bank with ICICI Bank, the second largest bank in India which was looking for a target to increase their customer base and geographical reach in northern India.

pre merger and post merger position of icici bank

Secondly, the study is based purely on secondary data which are taken from financial statement of the case through Internet only and therefore cannot be denied for any ambiguity in the data used for the analysis. Academic affiliation, Catholic University of Milan.

In the light of the present analysis, it can be concluded that there was not much vulnerability in the prices during the negotiation period.

Icici bank branches all over world

The results for fiscal include results of Bank of Rajasthan for the period from August 13, to March 31, Further the table shows that dividends payout ratio was In fiscal , non-interest expenses increased primarily due to an increase in employee expenses partly offset by a decrease in other administrative expenses and a decrease in depreciation on leased assets. There is concrete evidence for wealth shifting in the global arena from bidder bank shareholders to target bank shareholders and vice versa. Profit after tax increased by This indicates a slight decrease in the post merger period for the acquirer company from Synergy value is created from economies of integrating a target and acquiring a company, the amount by which the value of the combined firm exceeds the sum value of the two individual firms.

So, the BoR employees were also apprehensive about their future amidst the merger. It started its operation in the year Acquisition is the purchase by one company of controlling interest in the share capital of another existing company.

Further, the study examines in detail the adequacy and the determinants of swap ratio and its effect on share price behaviour. According to the Oxford Dictionary the expression merger or amalgamation means Combining of two commercial companies into one and Merging of two or more business concerns into one respectively.

Merger of bank of rajasthan with

Bank of Rajasthan has a network of branches and a loan book of Data and Methodology The study is analytical and descriptive in nature. The data is drawn from the National Stock Exchange of India and annual reports of the banks for the analysis. But this integration is also smoothly done and these employees are now officially ICICI bank employees. Cambridge University Press, Cambridge University. Applied Financial Economics, vol. The company has shown potential in attaining high profits as the main parameter i. As CRR balances do not earn any interest income, these increases had a negative impact on yield on interest-earning assets in fiscal Finally, in relative contribution analysis, we compare the contributions made the merging partners with their shareholding in the combined entity. Net interest income increased by
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ICICI, Bank Of Rajasthan Sign Merger Agreement