Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
With India recovering from a slight pause, to continue steadily on to becoming an $8-plus trillion economy by the end of the decade, we took some time to reflect on the themes that may lie ahead. From distress-driven shotgun marriages to the adrenalin-pumped world of fintech, we expect a strong mergers and acquisitions (M&A) market for financial services.
The year 2020 has been an unpredictable year, to say the least — and for very different reasons from the rest of us. It was also so for the shareholders of Yes Bank and Lakshmi Vilas Bank, as they were taken aback with the decisive action taken by the Reserve Bank of India (RBI). For a variety of reasons, neither was able to act in time to create a private solution — either because of unforgiving investors, or due to the allure of getting a better deal. Whatever the reason, the regulator has clearly reiterated the alacrity with which they can move, when needed.
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
Subscribe To Insights
Key stories on business-standard.com are available to premium subscribers only.Already a BS Premium subscriber? Log in NOW
What you get on Business Standard Premium?
- Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
- Pick your 5 favourite companies, get a daily email with all news updates on them.
- Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
- Preferential invites to Business Standard events.
- Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.