ICICI Bank is India's second largest bank with assets of Rs. 3634 billion. It has over 2500 branches and 6000 ATMs across India. In 2010, ICICI Bank merged with Bank of Rajasthan, another private sector bank. The merger was approved by both banks' boards in May 2010 and received regulatory approval. As part of the merger, all Bank of Rajasthan branches became ICICI Bank branches. The merger has benefited both banks as seen in improved financial ratios like liquidity, profitability, and returns in the years since the merger was completed.
Hand written Notes of insurance service management
1) Endorsement/ premium receipt and its types?
2) Insurance intermediaries? Functions of insurance agents?
3) Underwriting & its principles?
4) Insurability? Factors affecting the insurability?
5) Price regime? Rigidities in pricing system?
Hand written Notes of corporate governance
1) Ethics & Theories of business ethics?
2) Stakeholders Protection?
3) Pillars of Corporate governance?
4) Whistle Blowing/ types & Effects?
5) FUNCTIONS & Working of CRA?
6) Common Problems in corporate failures?
1) Venture capital is financing provided to startup companies and small businesses with uncertain chances of success. It typically involves taking equity stakes in companies and providing guidance to management.
2) One of the earliest organized venture capital funds was formed in 1946 to provide startup financing, including to Digital Equipment Corporation in 1958.
3) Venture capital financing occurs in stages from early seed funding through expansion and later stage financing as a company grows and requires additional capital. Venture capitalists aim to earn returns primarily through capital gains when companies are successful.
State Bank of India (SBI) is India's largest bank. It was formed in 1955 by the government merging the Imperial Bank of India with various state-associated banks. SBI has over 21,500 branches across India and 172 offices in foreign countries. It has various subsidiaries and associate banks within India. SBI continues to be a pioneer in the Indian banking sector and aims to further financial inclusion through its services.
Venture capital financing provides funding for startups, small businesses, and risky ventures. A business plan is essential for obtaining venture capital and must convince investors of the company's goals, market opportunity, management team, and financial projections. The plan should summarize the business, products, market analysis, marketing strategy, operations, management, and provide 3-5 years of financial projections. It must demonstrate the need for funding and how investors will achieve a return on their investment.
Investment Securities. alternatives & attributesASAD ALI
This document discusses investment alternatives and their attributes. It describes direct and indirect investing. Direct investing includes non-marketable assets like savings deposits and money market securities like T-bills. Capital market securities include fixed income bonds and equity securities like stocks. Indirect investing is through investment companies like mutual funds. The document also discusses different types of stocks and attributes investors should consider like risk, return, marketability and taxes to evaluate investments.
Case study Analysis and Presentation -ICICI LombardPurvi Jain
ICICI Lombard GIC Ltd is a joint venture between ICICI Bank and Fairfax Financial Holdings. It deals in personal and business insurance products. The document discusses ICICI Lombard's management structure, SWOT analysis, role of insurance in the economy and society, products offered, distribution channels, use of MIS, and potential for growth in the Indian insurance sector.
ICICI Bank is India's second largest bank with assets of Rs. 3634 billion. It has over 2500 branches and 6000 ATMs across India. In 2010, ICICI Bank merged with Bank of Rajasthan, another private sector bank. The merger was approved by both banks' boards in May 2010 and received regulatory approval. As part of the merger, all Bank of Rajasthan branches became ICICI Bank branches. The merger has benefited both banks as seen in improved financial ratios like liquidity, profitability, and returns in the years since the merger was completed.
Hand written Notes of insurance service management
1) Endorsement/ premium receipt and its types?
2) Insurance intermediaries? Functions of insurance agents?
3) Underwriting & its principles?
4) Insurability? Factors affecting the insurability?
5) Price regime? Rigidities in pricing system?
Hand written Notes of corporate governance
1) Ethics & Theories of business ethics?
2) Stakeholders Protection?
3) Pillars of Corporate governance?
4) Whistle Blowing/ types & Effects?
5) FUNCTIONS & Working of CRA?
6) Common Problems in corporate failures?
1) Venture capital is financing provided to startup companies and small businesses with uncertain chances of success. It typically involves taking equity stakes in companies and providing guidance to management.
2) One of the earliest organized venture capital funds was formed in 1946 to provide startup financing, including to Digital Equipment Corporation in 1958.
3) Venture capital financing occurs in stages from early seed funding through expansion and later stage financing as a company grows and requires additional capital. Venture capitalists aim to earn returns primarily through capital gains when companies are successful.
State Bank of India (SBI) is India's largest bank. It was formed in 1955 by the government merging the Imperial Bank of India with various state-associated banks. SBI has over 21,500 branches across India and 172 offices in foreign countries. It has various subsidiaries and associate banks within India. SBI continues to be a pioneer in the Indian banking sector and aims to further financial inclusion through its services.
Venture capital financing provides funding for startups, small businesses, and risky ventures. A business plan is essential for obtaining venture capital and must convince investors of the company's goals, market opportunity, management team, and financial projections. The plan should summarize the business, products, market analysis, marketing strategy, operations, management, and provide 3-5 years of financial projections. It must demonstrate the need for funding and how investors will achieve a return on their investment.
Investment Securities. alternatives & attributesASAD ALI
This document discusses investment alternatives and their attributes. It describes direct and indirect investing. Direct investing includes non-marketable assets like savings deposits and money market securities like T-bills. Capital market securities include fixed income bonds and equity securities like stocks. Indirect investing is through investment companies like mutual funds. The document also discusses different types of stocks and attributes investors should consider like risk, return, marketability and taxes to evaluate investments.
Case study Analysis and Presentation -ICICI LombardPurvi Jain
ICICI Lombard GIC Ltd is a joint venture between ICICI Bank and Fairfax Financial Holdings. It deals in personal and business insurance products. The document discusses ICICI Lombard's management structure, SWOT analysis, role of insurance in the economy and society, products offered, distribution channels, use of MIS, and potential for growth in the Indian insurance sector.
This document provides an overview of factoring and forfaiting. It defines factoring as the sale of book debts by a firm to a financial institution, with the factor paying for the debts as they are collected. Forfaiting is similar but deals specifically with receivables from deferred payment exports. The key parties in each transaction and services provided are described. The document also compares factoring to bills discounting and forfaiting, outlines the various types of factoring, and summarizes the mechanics and stages involved in domestic and export factoring as well as forfaiting transactions.
General insurance provides coverage for non-life risks and property such as homes, vehicles, health and more. It protects against risks like fire, theft, floods and other damages. Some key types of general insurance include car, liability, marine, fire, engineering and burglary insurance. Purchasing general insurance offers benefits like peace of mind, investment savings, financial security and independence. To make a claim, policyholders must submit documents like the claim form, license, bills and police reports, depending on the type of insurance and incident. Major insurance companies in India offer various general insurance options.
The Helsinki Stock Exchange is located in Helsinki, Finland and is now part of NASDAQ OMX Helsinki. It saw its first transaction in 1912 and uses an electronic trading system. Over time, it merged with other Finnish exchanges and clearing houses. The main stock index is the OMX Helsinki 25, which tracks the 25 most traded companies on the Helsinki Stock Exchange. Trading hours are from 10:00am to 6:30pm from Monday to Friday.
Study of how owners and managers of publicly-traded companies make decisions that affect the values of those companies.
Examines effects of manager’s and investor’s psychological biases on firms corporate finance decisions.
Main psychological traps met are: confirmation bias, hindsight bias, herding behavior conservatism, the role of affects, wishful thinking, opaque framing, representativeness bias and overconfidence.
“Real-world” view- Managers and investors may be irrational (Psychological Biases) (“homo sapiens” view).
Behavioural Corporate Finance: considers managerial irrationality/biases. Focus on corporate finance decisions (investment appraisal, capital structure/dividend policy.
How the personal traits of managers affect the decisions made in the firm, especially financial decisions. We will see that the psychological qualities of individuals holding management positions have a decisive effect on.
For instance, their financing and capital budgeting decisions or their dividend policy. It will also become clear that the psychological profile of each manager will provide an explanation for the financial decisions made beyond the scope of the company and its business sector.
Assumptions of Behavioural Corporate Finance
Assumes irrational entrepreneurs or managers
Postulates irrational investors and limited arbitrage.
The Rational Managers with Irrational Investors Approach
This approach assumes that securities market arbitrage is imperfect, and thus that prices can be too high or too low. Rational managers are assumed to perceive mispricings, and to make decisions that may encourage respond to mispricing.
Rational manager objectives in irrational market:
1. Fundamental value - Maximizing fundamental value has the usual ingredients.
2. Catering - Catering refers to decisions that aim at boosting stock price above the level of intrinsic value.
3. Market timing - Market timing relates to the decision that aims at exploiting temporary mispricing.
Two Key Building Blocks:
1. Limits on arbitrage - Irrational investors impact prices because arbitrage is limited.
2. Smart managers - Managers have the ability to detect when valuations are wrong and they act on mispricing.
This document contains a lab file submitted by Sukhchain Aggarwal on the topic of financial planning. It includes:
1) A declaration by Sukhchain that this is their original work.
2) An acknowledgement thanking their professors Prof. Bikramjit Singh Sandhu and Prof. Rohini Gupta for their guidance.
3) An introduction explaining that a financial plan helps achieve life goals by allocating savings and ensuring long-term security.
4) Explanations of dividend policy models including Walter's model showing how dividends impact share price, and Gordon's model similarly supporting the relevance of regular dividends.
Hand written Notes of banking service management
1) What is banking service management? Deficiencies and ways to improve it?
2) Credit risk ? Loan / advances / overdraft systems?
3) Negotiable Instruments? Bill of exchange and promissory note?
4) What is E banking ? Explain debit and credit card?
5) Global challenges faced in banking service?
Fire insurance protects people from financial losses caused by fires. It involves sharing fire-related losses incurred by some through contributions to a common fund by all who are exposed to fire risk. Fire insurance pays for losses that are unexpected and occur due to chance. It aims to restore the insured's financial position prior to the loss through the principle of indemnity.
The document provides an overview of the insurance sector in India. It discusses the definition of insurance and provides a brief history of insurance in India. It then covers the major policies and laws governing the insurance sector, how insurance business works, and how premiums are determined. It also discusses the two major types of insurance - life insurance and general insurance - and provides details on key products within each type.
Foreign Exchange management, Bcom SEM 6th
1) Foreign Exchange Rate? Factors determining the exchange rate under different market conditions?
2) Explain briefly various foreign Exchange theories?
3) Explain various types of exchange rate systems in detail?
4) What is FDI? Explain its determinants, advantages and disadvantages?
5) What is foreign Exchange risk? Discuss its types with reference to various foreign currency exposure?
Facilities provided by the bank to importer & exporterDharmik
This document is a project report submitted by Amit Panwar to Prof. Madhuri Khot on facilities provided by State Bank of India to importers and exporters. The report contains sections on import and export facilities. For imports, it discusses letter of credit and bank guarantee facilities provided by banks for financing imports. It also discusses import procedures and RBI norms. For exports, it discusses various export promotion schemes, pre-shipment and post-shipment export finance facilities, Export Credit Guarantee Corporation, export factoring, forfeiting and derivatives offered by banks to support exporters.
This document provides an overview of fund-based financial services. It discusses six main types of fund-based services: 1) leasing, 2) hire purchase, 3) consumer credit, 4) factoring, 5) venture capital financing, and 6) housing finance. For each type, it provides definitions, key features, and advantages. The overall purpose is to classify and explain different methods of providing structured financing that is secured or supported by company assets.
A mutual fund pools money from many investors to purchase stocks, bonds, and other securities. It is managed by a professional fund manager who invests the money on behalf of the investors. A mutual fund provides diversification, affordable investment options, and convenience for investors. It allows individuals to hold a diversified portfolio of securities by investing small amounts of money alongside other investors. The first mutual fund in India was launched in 1964 by the Unit Trust of India (UTI).
Summer Internship Project Report for KARVYAman-rai
This document provides an overview of a summer internship project submitted for a Master's degree program. It includes an introduction, table of contents, and outlines several chapters that will discuss the securities industry and stock market in India, the company Karvy and its services, demat accounts, research methodology, data analysis, findings and recommendations. The project aims to analyze customer satisfaction regarding demat services provided by Karvy.
This document provides an introduction to investment management. It defines investment as committing funds to achieve additional income or growth over time. Investments involve allocating assets, expecting positive returns, and having a long time frame. Investments can range from safe to risky. The objectives of investment include achieving good returns, reducing risk, liquidity, safety of funds, and hedging against inflation. Favorable factors for investment include legal safeguards, a stable currency, financial institutions and services, business organization structures, and choice of investment. The document outlines various investment media including direct, indirect, variable principal, and non-security investments. It also discusses features of an investment program such as safety, liquidity, income stability, and appreciation
Aditya Birla Sun life Insurance (ABSLI) Sip presentation on Thechnical and Fu...SoumyaKatiyar
I made this PPT for my summer internship in Aditya Birla Sun Life Insurance (ABSLI). The topics are Fundamental and Technical analysis on the Oil and Gas sector, Portfolio Management and Insurance selling.
The document discusses mutual funds, providing definitions and explaining the structure and key participants. A mutual fund is an investment vehicle that pools money from investors to purchase securities like stocks and bonds. The structure involves a fund sponsor, trustees, an asset management company, custodian, and distributors. The document outlines the roles and responsibilities of these participants, as well as the history and types of mutual funds.
This document provides information on mutual funds, including their definition and types. It discusses the different categories of mutual funds according to ownership, scheme of operation, portfolio, and location. Specific mutual fund schemes are also described such as SBI funds, ULIPs, Dhanraksha, and Dhanshree. Performance issues facing mutual funds are outlined. In conclusion, it is noted that mutual funds are subject to market risk and there are no guarantees of achieving objectives or positive returns.
Merger & Acquisition of HDFC Bank with Centurian Bank of PunjabRohan Solanki
The slides show the details of the largest merger in Indian banking sector between HDFC Bank and CBoP.
The benifits and the side effects of the merger are also highlighted in the following presentation
The document summarizes the merger between ICICI Bank and Bank of Rajasthan (BoR) in 2010. ICICI offered to acquire BoR through an all-stock deal valued at around 30.41 billion rupees, offering BoR shareholders 188.42 rupees per share, a premium of 89%. The merger would provide ICICI expanded presence in Rajasthan and help both banks address increasing competition. However, the high purchase price and BoR's weak financials like losses in recent quarters raised some concerns about the benefits and risks of the merger.
This document provides an overview of factoring and forfaiting. It defines factoring as the sale of book debts by a firm to a financial institution, with the factor paying for the debts as they are collected. Forfaiting is similar but deals specifically with receivables from deferred payment exports. The key parties in each transaction and services provided are described. The document also compares factoring to bills discounting and forfaiting, outlines the various types of factoring, and summarizes the mechanics and stages involved in domestic and export factoring as well as forfaiting transactions.
General insurance provides coverage for non-life risks and property such as homes, vehicles, health and more. It protects against risks like fire, theft, floods and other damages. Some key types of general insurance include car, liability, marine, fire, engineering and burglary insurance. Purchasing general insurance offers benefits like peace of mind, investment savings, financial security and independence. To make a claim, policyholders must submit documents like the claim form, license, bills and police reports, depending on the type of insurance and incident. Major insurance companies in India offer various general insurance options.
The Helsinki Stock Exchange is located in Helsinki, Finland and is now part of NASDAQ OMX Helsinki. It saw its first transaction in 1912 and uses an electronic trading system. Over time, it merged with other Finnish exchanges and clearing houses. The main stock index is the OMX Helsinki 25, which tracks the 25 most traded companies on the Helsinki Stock Exchange. Trading hours are from 10:00am to 6:30pm from Monday to Friday.
Study of how owners and managers of publicly-traded companies make decisions that affect the values of those companies.
Examines effects of manager’s and investor’s psychological biases on firms corporate finance decisions.
Main psychological traps met are: confirmation bias, hindsight bias, herding behavior conservatism, the role of affects, wishful thinking, opaque framing, representativeness bias and overconfidence.
“Real-world” view- Managers and investors may be irrational (Psychological Biases) (“homo sapiens” view).
Behavioural Corporate Finance: considers managerial irrationality/biases. Focus on corporate finance decisions (investment appraisal, capital structure/dividend policy.
How the personal traits of managers affect the decisions made in the firm, especially financial decisions. We will see that the psychological qualities of individuals holding management positions have a decisive effect on.
For instance, their financing and capital budgeting decisions or their dividend policy. It will also become clear that the psychological profile of each manager will provide an explanation for the financial decisions made beyond the scope of the company and its business sector.
Assumptions of Behavioural Corporate Finance
Assumes irrational entrepreneurs or managers
Postulates irrational investors and limited arbitrage.
The Rational Managers with Irrational Investors Approach
This approach assumes that securities market arbitrage is imperfect, and thus that prices can be too high or too low. Rational managers are assumed to perceive mispricings, and to make decisions that may encourage respond to mispricing.
Rational manager objectives in irrational market:
1. Fundamental value - Maximizing fundamental value has the usual ingredients.
2. Catering - Catering refers to decisions that aim at boosting stock price above the level of intrinsic value.
3. Market timing - Market timing relates to the decision that aims at exploiting temporary mispricing.
Two Key Building Blocks:
1. Limits on arbitrage - Irrational investors impact prices because arbitrage is limited.
2. Smart managers - Managers have the ability to detect when valuations are wrong and they act on mispricing.
This document contains a lab file submitted by Sukhchain Aggarwal on the topic of financial planning. It includes:
1) A declaration by Sukhchain that this is their original work.
2) An acknowledgement thanking their professors Prof. Bikramjit Singh Sandhu and Prof. Rohini Gupta for their guidance.
3) An introduction explaining that a financial plan helps achieve life goals by allocating savings and ensuring long-term security.
4) Explanations of dividend policy models including Walter's model showing how dividends impact share price, and Gordon's model similarly supporting the relevance of regular dividends.
Hand written Notes of banking service management
1) What is banking service management? Deficiencies and ways to improve it?
2) Credit risk ? Loan / advances / overdraft systems?
3) Negotiable Instruments? Bill of exchange and promissory note?
4) What is E banking ? Explain debit and credit card?
5) Global challenges faced in banking service?
Fire insurance protects people from financial losses caused by fires. It involves sharing fire-related losses incurred by some through contributions to a common fund by all who are exposed to fire risk. Fire insurance pays for losses that are unexpected and occur due to chance. It aims to restore the insured's financial position prior to the loss through the principle of indemnity.
The document provides an overview of the insurance sector in India. It discusses the definition of insurance and provides a brief history of insurance in India. It then covers the major policies and laws governing the insurance sector, how insurance business works, and how premiums are determined. It also discusses the two major types of insurance - life insurance and general insurance - and provides details on key products within each type.
Foreign Exchange management, Bcom SEM 6th
1) Foreign Exchange Rate? Factors determining the exchange rate under different market conditions?
2) Explain briefly various foreign Exchange theories?
3) Explain various types of exchange rate systems in detail?
4) What is FDI? Explain its determinants, advantages and disadvantages?
5) What is foreign Exchange risk? Discuss its types with reference to various foreign currency exposure?
Facilities provided by the bank to importer & exporterDharmik
This document is a project report submitted by Amit Panwar to Prof. Madhuri Khot on facilities provided by State Bank of India to importers and exporters. The report contains sections on import and export facilities. For imports, it discusses letter of credit and bank guarantee facilities provided by banks for financing imports. It also discusses import procedures and RBI norms. For exports, it discusses various export promotion schemes, pre-shipment and post-shipment export finance facilities, Export Credit Guarantee Corporation, export factoring, forfeiting and derivatives offered by banks to support exporters.
This document provides an overview of fund-based financial services. It discusses six main types of fund-based services: 1) leasing, 2) hire purchase, 3) consumer credit, 4) factoring, 5) venture capital financing, and 6) housing finance. For each type, it provides definitions, key features, and advantages. The overall purpose is to classify and explain different methods of providing structured financing that is secured or supported by company assets.
A mutual fund pools money from many investors to purchase stocks, bonds, and other securities. It is managed by a professional fund manager who invests the money on behalf of the investors. A mutual fund provides diversification, affordable investment options, and convenience for investors. It allows individuals to hold a diversified portfolio of securities by investing small amounts of money alongside other investors. The first mutual fund in India was launched in 1964 by the Unit Trust of India (UTI).
Summer Internship Project Report for KARVYAman-rai
This document provides an overview of a summer internship project submitted for a Master's degree program. It includes an introduction, table of contents, and outlines several chapters that will discuss the securities industry and stock market in India, the company Karvy and its services, demat accounts, research methodology, data analysis, findings and recommendations. The project aims to analyze customer satisfaction regarding demat services provided by Karvy.
This document provides an introduction to investment management. It defines investment as committing funds to achieve additional income or growth over time. Investments involve allocating assets, expecting positive returns, and having a long time frame. Investments can range from safe to risky. The objectives of investment include achieving good returns, reducing risk, liquidity, safety of funds, and hedging against inflation. Favorable factors for investment include legal safeguards, a stable currency, financial institutions and services, business organization structures, and choice of investment. The document outlines various investment media including direct, indirect, variable principal, and non-security investments. It also discusses features of an investment program such as safety, liquidity, income stability, and appreciation
Aditya Birla Sun life Insurance (ABSLI) Sip presentation on Thechnical and Fu...SoumyaKatiyar
I made this PPT for my summer internship in Aditya Birla Sun Life Insurance (ABSLI). The topics are Fundamental and Technical analysis on the Oil and Gas sector, Portfolio Management and Insurance selling.
The document discusses mutual funds, providing definitions and explaining the structure and key participants. A mutual fund is an investment vehicle that pools money from investors to purchase securities like stocks and bonds. The structure involves a fund sponsor, trustees, an asset management company, custodian, and distributors. The document outlines the roles and responsibilities of these participants, as well as the history and types of mutual funds.
This document provides information on mutual funds, including their definition and types. It discusses the different categories of mutual funds according to ownership, scheme of operation, portfolio, and location. Specific mutual fund schemes are also described such as SBI funds, ULIPs, Dhanraksha, and Dhanshree. Performance issues facing mutual funds are outlined. In conclusion, it is noted that mutual funds are subject to market risk and there are no guarantees of achieving objectives or positive returns.
Merger & Acquisition of HDFC Bank with Centurian Bank of PunjabRohan Solanki
The slides show the details of the largest merger in Indian banking sector between HDFC Bank and CBoP.
The benifits and the side effects of the merger are also highlighted in the following presentation
The document summarizes the merger between ICICI Bank and Bank of Rajasthan (BoR) in 2010. ICICI offered to acquire BoR through an all-stock deal valued at around 30.41 billion rupees, offering BoR shareholders 188.42 rupees per share, a premium of 89%. The merger would provide ICICI expanded presence in Rajasthan and help both banks address increasing competition. However, the high purchase price and BoR's weak financials like losses in recent quarters raised some concerns about the benefits and risks of the merger.
MERGERS AND ACQUISITIONS IN INDIAN BANKING SECTORRaku Daku
This document provides an overview of mergers and acquisitions that have occurred in the Indian banking sector. It discusses several major mergers such as HDFC Bank and Times Bank in 1999, ICICI Bank acquiring Bank of Madura, and Global Trust Bank merging with UTI Bank. The motives for mergers are discussed, including improving competitiveness and shareholder value. Recommendations from the Narasimham Committee on banking reforms are summarized, including that mergers should not be used to bail out weak banks but could help strong banks. In conclusion, the Indian banking sector has generally destroyed shareholder wealth while mergers of strong banks tend to create value.
The document discusses the proposed merger between ICICI Limited and ICICI Bank. It provides details on the rationale for the merger, including creating synergies and economies of scale. The merger would create the second largest bank in India in terms of asset base. Independent advisors were appointed to determine the share exchange ratio. While the merger presented risks like integration challenges, it achieved the intended goal of forming a leader in the Indian financial sector.
A merger occurs when one company purchases another company of a similar size, transferring ownership and control to form a single new company. Companies usually merge when they feel they can accomplish more together than separately. There are three main types of mergers: horizontal, vertical, and conglomerate. Mergers can take place through purchasing assets, purchasing common shares, exchanging shares for assets, or exchanging shares for shares. Reasons for mergers include increasing market share, achieving economies of scale, diversifying risk, and pursuing future goals or expansion of business.
This document summarizes a case study on the corporate restructuring that occurred through the amalgamation of HDFC Bank and Centurion Bank of Punjab in India. The study aims to evaluate the share swap ratio of the merger and analyze the individual and combined benefits. It uses techniques like EPS, DCF, terminal value and WACC to calculate the share exchange ratio and net share exchange ratio. The introduction provides context on corporate restructuring and mergers & acquisitions in the Indian banking sector. The methodology section outlines a case study approach focusing on the SWOT analysis, profiles and synergies of the two banks before and after the amalgamation.
Merger and Acquisition in Banking Sectorfarah khan
The document discusses mergers and acquisitions in the banking sector of Pakistan. It provides background on recent mergers driven by regulatory requirements to increase capital. Two specific mergers are analyzed: the 2006 merger of Standard Chartered Bank and Union Bank, and the acquisition of Faysal Bank. Financial analyses of profitability, capital adequacy, liquidity, and growth indicators are presented for both banks before and after the mergers, showing mostly declining performance after the mergers across ratios. The mergers aimed to create more efficient banks but financial analyses show the deals did not immediately improve bank performance.
The document discusses mergers and acquisitions, providing definitions and examples. It describes the typical stages in an M&A deal including preliminary assessment, proposal, exit planning, and integration. Key factors driving M&A activity in India are also summarized such as increasing competition and globalization.
This document presents information on mergers and acquisitions (M&A) through a slideshow presentation. It discusses the history of M&A in India, defines mergers and acquisitions, compares the differences between them, and outlines the objectives, benefits, types, examples, process, strategies, and problems associated with M&A. It also provides details on the recent merger between Tech Mahindra and Satyam, including analysis and outlook. In conclusion, it states that the success of an M&A depends on the planning and strategies of the acquiring company.
The document is a project report on mergers and acquisitions in the banking sector of India. It includes an abstract, introduction, objectives, scope and coverage, literature review, research methodology, and conceptualization of mergers and acquisitions. Specifically, it discusses the difference between mergers and acquisitions, with mergers involving the combination of two companies into one new entity under companies law and the court, while acquisitions refer to one company gaining controlling interest in another without combination under SEBI regulations. The report focuses on studying the merger between Global Trust Bank and Oriental Bank of Commerce in 2004.
The document discusses mergers and acquisitions, defining a merger as a transaction where two firms integrate operations on an equal basis to create a stronger competitive advantage, while an acquisition is when one firm buys another to make it a subsidiary and more effectively utilize its competencies. It provides examples of major M&A deals in India and compares the differences between mergers and acquisitions.
This document discusses the merger between ICICI Bank and Bank of Rajasthan in India. Some key points:
- ICICI Bank acquired Bank of Rajasthan through an all-share deal in 2008 to expand its network in northern and western India. The deal was valued at $668 million.
- The merger was a horizontal merger that provided benefits like economies of scale and increased competition. It helped ICICI Bank penetrate the Rajasthan market and strengthen its branch network.
- While the acquisition helped ICICI Bank gain low-cost deposits and a loan portfolio, it had to address issues like employee strikes and regulatory non-compliance at Bank of Rajasthan.
- Overall, the merger proved
The document summarizes the merger between Centurion Bank of Punjab (CBoP) and HDFC Bank in 2008. [1] The merger created a larger bank with over 1,100 branches, deposits of Rs. 1.22 trillion, net advances of Rs. 890 billion, and a balance sheet size of over Rs. 1.63 trillion. [2] The objectives of the merger were to achieve economies of scale, widen product offerings, and gain more market dominance. [3] The merger faced challenges integrating technologies, employees, operations, and infrastructure between the two banks.
This document provides an overview of mergers and acquisitions (M&A). It defines M&A as the buying, selling, dividing, and combining of companies. It distinguishes between mergers, where two companies combine to form a new entity, and acquisitions, where one company purchases another. The document discusses different types of acquisitions like private vs public and friendly vs hostile. It also outlines different structures used to secure control of assets like purchasing stock or assets. Finally, it summarizes key components of successful acquisitions like documentation, knowledge exchange, management of executives, and technology/capability transfer.
The document discusses mergers and provides details about the merger between HDFC Bank and Centurion Bank of Punjab in 2009. It was one of the largest mergers in the banking sector in India. The merger added 394 branches and 19% more assets to HDFC Bank. It increased HDFC Bank's network making it the largest private bank in India. The merger provided synergies around products, management expertise, and geographic expansion. However, HDFC Bank had to write-off Rs. 70 crores to harmonize accounting policies between the two banks.
Mergers and acquisitions involve the combination of two or more companies. Mergers see the merging companies fully integrate to form an entirely new company, while acquisitions see one company purchase another but maintain separate operations. Mergers and acquisitions allow companies to achieve synergies, diversify, grow, and eliminate competition. Common types of mergers include horizontal, vertical, market extension, product extension, and conglomerate mergers. India has seen several large M&A deals over the years across various industries.
The document discusses various types of mergers and acquisitions including horizontal, vertical, conglomerate, and concentric mergers. It provides examples for each type and explains their key characteristics. Some benefits of mergers include diversification, increased capacity and market share. However, mergers can fail due to issues with cultural integration, communication, and management. Acquisitions differ from mergers in that one company clearly takes ownership of another. Acquisitions aim to achieve economies of scale, staff reductions, new technology, and market reach. Hostile takeovers are strongly resisted while friendly takeovers have management agreement. Firms undertake takeovers to gain market growth, economies of scale, and complementing skills.
ICICI Bank is India's second largest bank. It has over 2,500 branches and 6,425 ATMs. In the recent fiscal year, ICICI Bank saw a 28% increase in net profit though total income declined. Deposits and advances grew by 26% and 19% respectively. The bank faces competition from other major banks like HDFC, Axis, and Kotak Mahindra, but plans to expand by opening 1,500 new branches and hiring 6,000 employees in the next 4 years as well as growing its international branch network.
This document discusses capital budgeting and investment analysis processes at Hindalco Industries Limited. It provides an overview of Hindalco, describing its various aluminum and copper production facilities. It then discusses how Hindalco prepares capital budgets and makes investment decisions, including using tools like net present value, internal rate of return, and weighted average cost of capital to analyze capital expenditures. The objective of the study was to understand Hindalco's capital budgeting and investment analysis processes.
John King was appointed chairman of British Airways in 1981 to lead a turnaround. The airline was losing money, overstaffed, and had poor customer service. King initiated drastic changes, including reducing staff by 9,000 in 9 months. By focusing on customer service and intensive training, British Airways became profitable again by 1990. In 1996, Robert Ayling became CEO and continued the success, but economic issues in 1997 hurt profits. Ayling focused more on profits than employees, damaging morale. By 2000, British Airways was losing money again and Ayling left the company.
Corus is Europe's second largest steel producer that aims to create value through continuous improvement and innovation. It has annual revenues of £12 billion and produces over 20 million tons of crude steel. Corus implemented a program called "Restoring Success" in 2004 to reduce waste and increase efficiency, which helped them make a profit for the first time that year. The company's approach, called "The Corus Way", focuses on becoming the best supplier to customers through world class processes, selective growth, reliability, and innovation.
The document discusses Volkswagen of America's (VWoA) process for prioritizing IT projects. It outlines the goals of improving vehicle value, building brand loyalty, and having a stable infrastructure. It then describes the four teams involved in the prioritization process and their roles. Finally, it provides an example of how projects are ranked and funded, and notes some problems with the current approach.
The document provides a marketing analysis of Bajaj Pulsar motorcycles. It discusses the history of Bajaj Auto and the success of the Pulsar model in driving a turnaround for the company. The report performs a SWOT analysis of Pulsar, examines shifting consumer trends towards motorcycles in the 1990s, and outlines Bajaj's marketing strategies over time for the Pulsar, including the "Definitely Male" campaign. It also provides an analysis of Pulsar's competitors in the motorcycle market.
The telecom sector in India has undergone significant changes over the past two decades. In the 1990s, the sector moved from a state-regulated monopoly to increased privatization and competition under new policies. This has led to technological advances, increased customer choice, and a shift to market forces. India now has the 7th largest telecom network in the world, with rapid subscriber growth expected to continue. The mobile market in particular is booming, with over 1.5 million new wireless subscribers added each month. Major players like Bharti Airtel have significant market share but also face threats from new entrants and technology changes. The telecom sector is projected to almost triple in revenue by 2007 as India's teledensity increases
Group 7 is organizing a 3-day fashion show from December 26-28 at DLF Emporio Mall in association with FTV. The event will feature different fashion segments and target high net worth individuals in Delhi to boost consumer ego and brand awareness. Over 10,000 invitations will be sent and 700-1000 attendees are expected. Participating brands will get exposure and opportunity to increase footfalls and sales. The event aims to create an exclusive platform for the elite class and increase prospects for DLF Emporio Mall.
The document summarizes the acquisition of Bank of Rajasthan by ICICI Bank. ICICI Bank agreed to acquire Bank of Rajasthan to strengthen its presence in northern and western India and expand its branch network. The deal valued Bank of Rajasthan at about 2.9 times its book value. However, there were some issues such as potential risks from Bank of Rajasthan's non-performing loans and employee unions opposing the merger. The shareholders and boards of both banks ultimately approved the merger at a share swap ratio of 1:4.72.
This document discusses managing customer satisfaction through efficient service operations at Maruti Suzuki authorized service centers. It outlines the importance of customer satisfaction to lifetime value, key factors that affect satisfaction like the service process, and challenges around meeting customer expectations. The document analyzes gaps in Maruti's service process and provides recommendations to improve current customer satisfaction management systems based on principles of service operations management.