Synopsis Due to liberalization, financial reforms in India have taken giant strides, particularly in banking. However, the area of strategic banking consolidation still needs attention. Consequently, Indian banks have remained mute spectators to two global mega merger waves that overtook most of the global economy, despite the need for economies of scale and scope that can only come from size, the impending and more stringent Basel 2 regulatory capital norms, the imminent thrust of foreign banks in 2009 into our banking sector in a much bigger way than ever before, the immediate need for size and capital-the list of reasons can go on. And there have been very few strategic mergers on the lines of the HDFC Bank-Times Bank merger that took place in 1999-2000—although many were expected to follow. This book is a sequel to the earlier Bank Mergers: The Global Scenario and is a collector’s item with contributions from financial sector luminaries such as a foreword by Dr. C Rangarajan, and in-depth studies from senior Icfai University faculty, among others.