•  The nature of M&As has been as follows:  Arguments in support of consolidation •  Higher capital base after consolidation will facilitate increased lending activity and faster GDP growth. •  Boost infrastructure financing from the perspective of enhanced exposure limits for single and group borrowers. •  Meet the banking service demands of Indian corporates, both at home and globally.
The asset price inflation of the post-globalization period is a mere 0.28%. In fact, the rate is lower even than the 0.89% of the pre-globalization period.