  Thirdly, the existing banks would face competition, both on their assets and liabilities side of the balance sheet, from the new generation banks and have to devise ways to withstand the competition or they may lose their existing customers, who may move away to new banks. Banks that cannot compete would be vulnerable to acquisitions/take over.
Possibility of voluntary amalgamation amongst some banks cannot be ruled out.   Fourthly, the public sector banks, as a group have a dominant market share of about 72 per cent. They are likely to shed some weight over time and the share of private sector banks as a group would increase.   Fifthly, Indian financial system is bank dominated.