Beginning of Consolidation in Indian Banking Sector: Measuring Operating Feasibility against Standard Benchmark: A Case Study of HDFC Bank Acquisition of Centurion Bank of Punjab
No Thumbnail Available
Date
2019
Journal Title
Journal ISSN
Volume Title
Publisher
Sumy State University
Article
Date of Defense
Scientific Director
Speciality
Date of Presentation
Abstract
This paper examines the outcome of selection of inorganic mode of expansion by HDFC bank in its brown field investment of $2.4 billion for acquiring Centurion Bank of Punjab in India. This work investigates the achievement of operating performance by HDFC Bank-CBoP deal, up to five-year post acquisition, against a benchmark established using the concept of Economic Value Added. This work is an attempt by author to have deeper investigation in Mergers &Acquisitions deal.
Keywords
економічна додана вартість, экономическая добавленная стоимость, economic value added, злиття і поглинання, слияние и поглощение, mergers and acquisitions, експлуатаційні показники, эксплуатационные показатели, operating performance
Citation
Sharma, M., Shukla, S.K. (2019). Beginning of Consolidation in Indian Banking Sector: Measuring Operating Feasibility against Standard Benchmark: A Case Study of HDFC Bank Acquisition of Centurion Bank of Punjab. Financial Markets, Institutions and Risks, 3(1), 5-17. http://doi.org/10.21272/fmir.3(1).5-17.2019.