How India’s biggest bank merger would stack up in numbers

印度最大的银行并购案，金额有多大

NEW DEHI: Kotak Mahindra Bank Ltd’s potential takeover of IndusInd Bank Ltd would create India’s eighth-largest lender by assets at a time when the nation is battling one of the world’s worst bad debt problems.

新德里：Kotak Mahindra银行对IndusInd银行的潜在收购，将使其成为印度第八大银行（以资产计）。目前印度正在应对全球最严重的坏账问题。

In what could be the country’s biggest-ever banking deal, Kotak Mahindra -- backed by Asia’s richest banker Uday Kotak -- is exploring a takeover of its smaller rival, people with knowledge of the matter said this week. A combination would boost its assets to Rs 7 lakh crore ($950 billion) and cement Kotak’s position as India’s fourth-largest private bank, closing the gap with Axs Bank Ltd.

知情人士本周表示，亚洲最富有银行家乌代•科塔克的Kotak Mahindra银行正在研究收购规模较小的竞争对手，这可能是印度有史以来最大的银行业交易。合并后，Kotak银行的资产将增至7万亿卢比(合9500亿美元)，并巩固其作为印度第四大私人银行的地位，缩小与Axs银行的差距。

“Kotak has always found it difficult to build scale organically,” according to a report by Macquarie Capital Securities analysts, led by Suresh Ganapathy. “Acquiring IndusInd Bank would result in Kotak’s asset book, loan book and branch network increasing by 85%, 94% and more than 100%, thereby giving it tremendous scale/size benefits.”

由Suresh Ganapathy领导的麦格理资本证券分析师在一份报告中指出:“Kotak银行一直发现很难扩大规模。收购IndusInd 银行将使Kotak的资产账簿、贷款账簿和分行网络分别增加85%、94%和超过100%，从而给它带来巨大的规模效益。”

Talk of the merger and Kotak’s unexpected profit growth has already pushed the lender ahead of rival ICICI Bank Ltd to become India’s second-largest by market value. Shares have surged 15% this week, taking the bank’s market capitalization to about Rs 3.1 lakh crore. If the deal goes ahead through a share swap at IndusInd’s current price, Kotak’s market value will soar by about Rs 46,450 crore, placing it well ahead of rival ICICI.

并购的传言以及Kotak银行出人意料的利润增长已经使其超越竞争对手印度工业信贷投资银行（ICICI），成为印度市值第二大的银行。本周，该银行股价飙升15%，市值达到约3.1万亿卢比。如果这笔交易以IndusInd当前的股价进行换股，Kotak的市值将飙升约4.645亿卢比，远远领先于竞争对手ICICI。

A spokesman for Kotak declined to comment on the takeover plans, while a representative for IndusInd denied the report.

Kotak银行的发言人拒绝就收购计划置评，而IndusInd银行的一名代表则否认了该报道。

India’s almost $2 trillion financial sector -- home to more than 20 private sector banks and over 10 state-run lenders -- is struggling to contain the fallout from the coronavirus pandemic that’s expected to shrink the economy by the most in four decades. Banks came into the year already weakened by a two-year-old shadow lending crisis that had eroded capital.

印度金融部门拥有近2万亿美元的资产，其中包括20多家私营银行和10多家国有银行。目前，印度金融部门正努力遏制新冠疫情的影响。银行业今年已经受到两年之久的影子贷款危机的拖累，这场危机侵蚀了它们的资本。

印度时报读者的评论：

译文来源：三泰虎 http://www.santaihu.com/p/51189.html 译者：Jessica.Wu

Prashant KG

7 lakh crore is 950 Billion USD? Editor change either your calulator or Glasses

7万亿卢比等于9500亿美元?小编，你的计算器有问题，该换了，要么就是该换眼镜了

Sanjay Kumar

2 days back both Kotak bank and Indusind denied talks of merger then why this article?

两天前，Kotak银行和Indusind银行均否认了关于并购的谈判，为什么要发布这篇文章?

Firstname Lastname

All banks should deposit their money to the pm care fund.

所有银行都应该把他们的钱存入总理关爱基金。

Uday Panchpor

New wave is coming up, we should be ready

第二波疫情即将来临，我们应该做好准备

Saikumar C Krishna

India with wide branch network of branches can reduce number of banks to just 7/8 banks all sector put in except co-op banks. it would be convenient for RBI to govern them properly.

印度拥有广泛的分行网络，可以将银行数量减少到7-8家，方便印度储备银行管理。

Mehul Choksi

In this scenario in few years, we can see not much banks in India.

照这样下去，几年之后，印度就没多少家银行了。

Nachiket Katha

Its biggest private sector merger. Othewise merger of SBI with its subsidiaries was largest. But there is no way Hindujas are going to sell their bank to Kotak.

应该说这是最大的私营部门合并，否则，印度国家银行与其子公司的合并才是规模最大的。印度人不可能把他们的银行卖给Kotak。

TAHA SAMMANI

dear brothers and sisters be careful with your hard earn money ,, instead of putting in bank better to keep your money with you or can invest ,,,be careful specially intention of this present govt is to loot your money give to the corporate friends ...i am a victim of this

亲爱的兄弟姐妹们，辛苦赚来的钱要谨慎配置，与其把钱存到银行里，还不如拿来投资…现任政府想拿你们的钱给企业用…我就是受害者之一

Dummy Bear

7 Lakh Crore is ~ $95 Billion not $950 Billion

7万亿卢比约合950亿美元，不是9500亿美元

Rene Fernandez

Scrutinize every loan twice or even thrice before it is lost in bad debts

每笔贷款都要仔细审查两到三次，否则会变成坏账

amitahuja75

This is a fake news. And even denied by Indusind bank and Kotak bank. This looks like a ploy to appreciate shares of Kotak to make quick money.

这是假新闻。Indusind银行和Kotak银行都否认了。这看起来像是推高Kotak股价来快速赚钱的策略。

Narendra Mertia

It may be a strategic action of Kotak management to take over IndusInd bank but Uday would have to face resistance from the promoter group of IndusInd Bank.

收购IndusInd银行可能是Kotak管理层的一项战略行动，但乌代•科塔克将不得不面对IndusInd银行发起人集团的抵制。

HappyTimes User

Great One

太棒了

Angraj Mishra

Kotak Mahindra should honor it's exsting customers by depositing 5 lac rupees in every exsting account holder's account as a gesture of goodwill. (I have an account with Kotak).

Kotak Mahindra银行应该向现有客户表示一下，在每个现有账户持有人的账户中存入50万卢比，以示善意。(我在Kotak银行有一个账户)。

Jagdip Vaishnav

Private Banks are doing well ,but condition pf public sector Banks is made worst by this efficient Govt.

私营银行做得很好，国有银行被政府搞得一团糟

Parishuddham

how safe are my bank deposits. Am I heading for a loot and loss of my honestly earned and hard earned money??

where is this Govt. taking us????

我的银行存款安全吗?

我辛苦赚来的钱要打水漂了吗？

现任政府要把我们带向何方?

Chandrasekar Kalyanam

Mergers and takeovers of Banks would result in huge savings for the Banks in terms of staff cost, Rents ,digital cost etc. This will result in higher profits. Government will get more taxes, depositors will get more interest, and other stakeholders will also benefit.

银行并购将为银行节省大量的员工成本、租金成本等。这将带来更高的利润。政府将获得更多税收，储户将获得更多利息，其他利益相关者也将受益。

Parth Garg

Hope the banking regulator is aware of the deal and its consequences.

希望银行业监管机构注意到这笔交易及其后果。