The Tamilnad Mercantile Bank Story
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Details
Case Code:
BSTR017
Case Length:
6
Period:
Pub Date:
2002
Teaching Note:
NO
Price (Rs):
0
Organization:
Tamilnad Mercantile Bank
Industry:
Banking
Country:
India
Themes:
Corporate Governance,M&A
Abstract
The case 'The Tamilnad Mercantile Bank Story' provides insights into the tussle for control over Tamilnad Mercantile Bank. It explores takeover dispute between the bank's promoters (the Nadar community) and the corporate forces of the Essar Group and Sterling Computers.
Learning Objectives
The case is structured to achieve the following Learning Objectives:
- Inter-community rivalries and takeovers
- regulatory lapses.
Keywords
The Tamilnad Mercantile Bank Story, tussle, Tamilnad Mercantile Bank, takeover, promoters, Nadar, corporate forces, Essar Group, Sterling Computers