Thank you for inviting me to speak at this conference of the Western India Regional Council of the Institute of Chartered Accountants of India (ICAI). 2. When I got invited to speak at this conference, at first I was a bit surprised.
Figure 4: Entries and exits in the German banking sector  Source: Deutsche Bundesbank, Statistics of Bank Offices and Supervisory Data  In the past, there have been relatively few market entries, most of them through foreign banks. Mergers among smaller banks have been the main exit channel.