The international banking and financial sector had gone through a major turmoil in terms of mergers and acquisitions. Deregulation has been the main driver, through three major routes - breakage of interest rate controls, removal of barriers between banks and other financial institutions and lowering of entry barriers. The article by Srinivasan R., an associate professor in the Corporate Strategy and Policy Area at IIM Bangalore, speaks about the benefits and disadvantages of post 2000 mergers and acquisitions in India.
For more information, please go through: http://tejas.iimb.ac.in/articles/01.php