000			nam a22 4500
999			_c49103 _d49103
003			OSt
005			20180131130225.0
008			180131b xxu||||| |||| 00| 0 eng d
100			_aLadha, Rani S. _929784
245			_aMerger of Public Sector Banks in India Under the Rule of Reason
300			_a259 - 273 p.
520			_aThis article models the idea of rule of reason of the antitrust literature and applies the model to analyse the possible consolidation of the Indian banking industry through merger and acquisition activities. It offers a strategic perspective for public sector banks whereby the banks either meet societal goals or become savvy international players through mergers. India being an emerging economy, the banking industry faces two critical initiatives: (i) proactive servicing of the rural areas and priority sectors and (ii) a serious presence in the international markets to compete with larger global banks. The model developed in this article suggests ways to evaluate and examine mergers in the banking sector in India to support both these initiatives. It proposes that the government could use the threat of merger to induce reluctant public sector banks to meet the critical domestic agenda and performance metrics. Those that meet the societal goals may continue to have the benefit of the status quo. Those that do not are required to merge to form an entity that can internationally compete in raising equity and deposits and providing loans and services.
653			_aMergers
653			_aacquisitions
653			_arestructuring
653			_agovernment policy and regulation
653			_aantitrust law
773	0		_029445 _968355 _aGANGOPADHYAY, SHUBHASIS _dNEW DELHI SAGE PUBLICATION PVT. LTD. _o5558207 _tJOURNAL OF EMERGING MARKET FINANCE _x0972-6527
942			_2ddc _cJA-ARTICLE