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Important Acquisitions in the Indian for SBI/IBPS PO & CLERK – Banking Industry

Important Acquisitions in the Indian for SBI/IBPS PO & CLERK - Banking Industry

Important Acquisitions in the Indian for SBI/IBPS PO & CLERK – Banking Industry

An acquisition is a corporate decision in which a company buys most, if not all, of another company’s ownership stakes to take control of it. An acquisition occurs when a company buys more than 50% ownership in a target company. It can be done to expand a company’s reach, expand into new segments, or gain market share.

Here, we are discussing some of the important acquisitions in banking sector which are important from the bank exams point of view.

So, let us discuss them in detail:

  Bank which                         acquired                            Bank which got acquired

Year of Acquisition

State Bank of India5 SBI‘s Associate Banks & Bharatiya Mahila Bank 2017
State Bank of IndiaState Bank of Indore2009
State Bank of IndiaState Bank of Saurashtra

2008

State bank of IndiaBank of Cochin1985
State Bank of IndiaKashinath State Bank

1995

Canara BankLakshmi Commercial Bank1985
Indian Overseas BankBharat Overseas Bank

2007

Oriental Bank of CommerceGlobal Trust Bank2004
Punjab National BankNedungadi Bank

2003

IDBI BankUnited Western Bank Ltd2006
IDBI Bank LimitedIDBI Limited

2005

Bank of BarodaBenares State Bank

2002

Union Bank of IndiaSikkim Bank1999
Bank of IndiaBank of Karad

1994

Kotak Mahindra BankING Vysya Bank2016
Federal BankGanesh Bank of Kurundwad

2006

ICICI Bank LimitedICICI Limited2002
HDFC BankTimes Bank

2000

ICICI BankBank of Rajasthan

2010

HDFC BankCenturion Bank of Punjab2008
ICICI BankBank of Madura

2001

Centurion BankBank of Punjab

2005

 

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Important Acquisitions in the Indian for SBI/IBPS PO & CLERK - Banking Industry Important Acquisitions in the Indian for SBI/IBPS PO & CLERK - Banking Industry Important Acquisitions in the Indian for SBI/IBPS PO & CLERK - Banking Industry Important Acquisitions in the Indian for SBI/IBPS PO & CLERK - Banking IndustryImportant Acquisitions in the Indian for SBI/IBPS PO & CLERK - Banking Industry

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April 17, 2018

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