DECLINING market conditions have cast doubts over the synergies that can be derived from the three-way bank merger, which, in turn, have led to a relook at the exercise.
Sources say the next two weeks will be crucial, as the parties deliberate if the projections and benefits from the merger can be achieved, given that the market has taken a turn for the worse in the last few months.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!