Ce diaporama a bien été signalé.
Le téléchargement de votre SlideShare est en cours. ×

Allahabad bank merge into Indian Bank.1.pptx

Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Chargement dans…3
×

Consultez-les par la suite

1 sur 9 Publicité

Plus De Contenu Connexe

Similaire à Allahabad bank merge into Indian Bank.1.pptx (20)

Plus récents (20)

Publicité

Allahabad bank merge into Indian Bank.1.pptx

  1. 1. Allahabad bank merge into Indian Bank Submitted by – Paras Agrawal BBAN1MG200 14 Submitted to – MS. Shorya Gupta Ass.Professor(SOM) A Presentation On
  2. 2. History of mergers in Indian Banking  Mergers of banks began in India in the 1960s in order to bail out the weaker banks and protect the customer interests.  The three banks are merged in 1921 to form the Imperial Bank of India(IBI). After India's Independence day, Imperial Bank of India became the State Bank of India(SBI) in 1955.
  3. 3.  Allahabad Bank was an Indian nationalized bank with its headquarters in Kolkata, India. Founded in Allahabad in 1865 and nationalized by the government of India in 1969, the bank provided banking and financial services for 155 years until it was merged with Indian Bank in 2020. It was the oldest still running joint stock bank in India until it's merger. As of 31 March 2018, Allahabad Bank had over 3245 branches across India. The bank did a total business of ₹3.8 trillion during the FY 2017–18. The bank's market capitalization in June 2018 was US$573 million and ranked #1,882 on the Forbes Global 2000 list
  4. 4.  Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 39,734 employees, 5,721 branches with 5,428 ATMs and Cash deposit machines.
  5. 5. Reason Behind Merger  Seventh largest PSU bank,  Total business size of Rs 8.08 lakh crore.  Nationwide presence in South, North & East  Business size will get doubled  Will have high CASA and lending capacity
  6. 6. A Study on Customer Awareness on Merger of Indian Bank with Allahabad Bank Figure 2. Pre and post-merge performance of Indian bank and Allahabad bank In figure 2, pre and post-performance of the banks have been shown. And by the figu can easily see that the bank after the merger has given a better performance.
  7. 7. Benefits of Merger  Self-sufficiency: Bigger banks can better acquire funds from the marketplace instead of depending on the government's coffers.  Rehabilitation: For clients' advantage, the loan monitoring system in Public Sector Unit banks is being enhanced. Challenges • Decision-making process: It is anticipated that banks that are merging would experience a delay in making decisions at the highest level because senior executives will put all choices on hold, resulting in a decrease in loan distribution in the network. Regional Cohesion: The combined banks serve just one particular area of the nation in three of the four consolidation instances. Nevertheless, the combination of Allahabad Bank (which operates in the East and North) and Indian Bank (which
  8. 8. Conclusion  we conclude that Government is aiming to reduce the number of state-owned lenders and improving their financial health. In this background proposed merger will benefit to not only to bank but also to economy as whole. Similarly the Bank Board Bureau has been tasked with overseeing a restructuring among other public sector banks to speed of the long delayed process.

×