Asiamoney Plus Copying and distributing are prohibited without permission of the publisher
Asiamoney Plus watermark

Opinion: Indian bank merger speculation is misplaced

July 17, 2010  

From Aaron Pan

Indian lenders have enjoyed a surge in share valuations following speculation that the banking sector may start consolidating. But key obstacles are likely to prevent such investor hopes from becoming reality.

To judge by the recent performance of Indian bank stocks, it would seem that some extremely good news or serious consolidation is about to take place.

Over the past quarter the share’s of Karnataka Bank has surged more than 29%...


Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now

Free trial

Taking a free trial will give you access to the last 30-days of content (excluding some polls & awards articles), for two weeks. Start your trial today.

Free Trial



 SYNDICATED LOANS

Rank Bookrunner Value ($m) No. %Share
1 Industrial & Commercial Bank of China - ICBC 1,160 1 16.4
1 Bank of Communications Co Ltd 1,160 1 16.4
3 State Bank of India 964 3 13.6
4 Land Bank of Taiwan 400 7 5.6
5 Maybank Investment Bank Bhd 332 1 4.7
6 AXIS Bank 236 2 3.3
7 IDBI Bank Ltd 124 1 1.8
8 HSBC 92 2 1.3
9 BNP Paribas 92 1 1.3
10 First Commercial Bank Co Ltd 65 4 0.9
Subtotal 4,623 18 65.2
Total 7,090 32 100.0


View more tables

Asiamoney Views


Upcoming events


Go To Top