Sunday, October 08, 2006


The merger of IDBI with United Western Bank (UWB)is through. IDBI intends to treat UWB as a separate business unit. That makes sense. The arm's length relationship will enable IDBI to cash in on UWB's strengths- high quality customer service, rural loans- without IDBI's having to
tackle the people issues that a merger will entail. Once some of the stressed assets are recovered and UWB is put on a sound footing, the full value of the merger will become evident- and IDBI's price should appreciate.

My initial comments on the merger in my ET column.


Anonymous said...

Pois e realmente um programa maravilhoso ver o desfile de 20 de setembro em Piratini. Em 2007 eu fui pela primeira vez assisti-lo e fiquei emocionada, e um desfile muito lindo feito com alma por cada um daqueles gauchos que la vivem. Vale a pena.

Anonymous said...

Very good stuff.

Anonymous said...

There is obviously a lot to know about this. I think you made some good points in Features also. Keep working ,great job!.

sony kuriakose said...

Dear sir,
I had seen your article in EPW regarding the rationale for bank mergers in India. In that work, you strictly rejct the scope of synergies due to the merger. Are you holding the same opinion now?

Sony Kuriakose
Research Associate
School of Management Studies