Banking Merger

On the driving factors for the merger AK: The driving force for this merger is to raise up a robust marge with a high school capital base. In brief, the underlying driving factors are to discern with pressures in the form of increasing capital adequacy requirements, tighten prudential norms, and the increasing demands on resources to be committed for applied science and infrastructure. For UTI Bank, there was the additional regulatory pressure to bring consume its promoters stake to below 40 percent in guardianship with licensing conditions. On the merged bank AK: The new entity will effectively unite the strengths and complementary features of the two banks. It will be strongly capitalised with a networth that will be in excess of Rs 1,000 crore by end-March 2001. On synergies AK: The two banks have lot of similarities. They are roughly of the same size, age and have retail presence. both have a strong technology base with similar technology platforms. Both banks also have the advantages of new private welkin banks:- inclination staff, automated and non-unionised work environment and connectivity. Although there could be an converging of branches because of the merger, there are also some complimentary strengths.

planetary Trust Bank, has a fairly strong clearing bank business and UTI Bank, is strong in cash management products. UTI Bank, with pledge of UTI has strong Corporate Base, while GTB is one of the strong retail Bank. On product portfolio AK: Consumers will be the beneficiaries from this merger. The merged entity is expect to have a focus on retail. With good technology and backing of UTI, retail customers will benefit in term of more ATMs, deposits, and loan products. On UTI Banks public sector image and integration AK: Both UTI Bank and GTB basically are do work by bankers from PSU and old Private sector Banks and their work nuance at the senior management level is quite similar. opposed the ICICI and Madura merger, integration of UTI and global will... If you want to get a to the full essay, order it on our website: Orderessay

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