The Right Fit
Business Today|July 30, 2017

Why the proposed IDFC and Shriram Group merger makes perfect sense. 

Anand Adhikari
The Right Fit

IDFC Group and South India-based financial services giant Shriram Group are reported to be in talks for a merger to create an entity with assets of over ₹2 lakh crore. While the two sides are yet to confirm this, experts say there are several reasons why such a move make sense.

Access to new geography

The merger will give IDFC Bank access to a well-established network in the entire south. Remember that Kotak Mahindra Bank had done a similar thing a few years ago when it bought ING Vysya Bank.

Ready retail portfolio

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