Chennai/Kolkata: Indian Bank has been featured in the Harvard Business Publishing for its successful merger of Allahabad Bank. The first-of-its-kind seamless merger of equal sized Indian banks with prominence in the southern and eastern region of the country has been well recognized and published by Harvard Business Publishing as a case study, says a press release.
Curated by Indian School of Business (ISB), this unique case study titled ‘Merger of Equals: The Amalgamation Story of Indian Bank and Allahabad Bank’ encapsulates the remarkable journey that Indian Bank embarked on, to successfully execute the amalgamation process.
‘Merger of Equals’ narrates the entire integration process which comprised of rigorous strategic planning and execution by Indian Bank, with impetus on the challenges faced and their answers found. The merger has made Indian Bank, a pan-India lender with significant presence in southern, northern and eastern parts of the…