Mega Mergers Fail to Lure Funds to India’s State-Run Bank Stocks
A Allahabad Bank Ltd. mobile automated teller machine (ATM) van is parked during the Kumbh Mela in Prayagraj, Uttar Pradesh. (Photographer: Prashanth Vishwanathan/Bloomberg)

Mega Mergers Fail to Lure Funds to India’s State-Run Bank Stocks

(Bloomberg) -- India’s biggest bank overhaul in decades to merge state-run lenders beset with bad loans and low capital hasn’t convinced investors to increase holdings of the shares.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.