Saturday, April 30, 2022

A few old private sector banks may look like convenient acquisition targets. But that may not be easy

Most OPBs are investing in technology to attract young customers. According to analysts, they invest Rs 100-250 crore every year on modernisation. Still, at a functional level, they have not been able to reach the levels of an HDFC Bank or ICICI Bank. But tech systems of some of them are better.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/a-few-old-private-sector-banks-may-look-like-convenient-acquisition-targets-but-that-may-not-be-easy/articleshow/91217979.cms

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