The GTB - UTI Bank Merger

Case Studies | Case Study in Business, Management, Operations, Strategy, Case Study

ICMR HOME | Case Studies Collection

To download The GTB - UTI Bank Merger case study (Case Code: FINC004) click on the button below, and select the case from the list of available cases:

Finance Case Studies
Short Case Studies
View Detailed Pricing Info
How To Order This Case
Business Case Studies
Case Studies by Area
Case Studies by Industry
Case Studies by Company

Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

Case Details:


Case Code : FINC004 For delivery in electronic format: Rs. 200;
For delivery through courier (within India): Rs. 200 + Rs. 25 for Shipping & Handling Charges


Finance : Merger and acquisition takeover
Case Length : 7 Pages
Period : 2001
Pub. Date : 2002
Teaching Note : Available
Organization : GTB
Industry : Banking
Countries : India


The case 'The GTB-UTI Bank Merger Story' discusses all the circumstances surrounding the proposed merger between UTIB and GTB. The case discusses the various developments that took place from the time the merger was announced. It also focuses on the alleged nexus between GTB's Chief Managing Director, Ramesh Gelli, and the broker Ketan Parekh to rig the price of the GTB scrip to get a favorable swap ratio. The case helps students understand the different problems associated with mergers of banks. They are expected to understand the concept of swap ratios. Students are also expected to study the circumstances surrounding the merger to determine whether Gelli and Ketan Parekh had formed a nexus to rig the price of the GTB scrip to get a favorable valuation.


Proposed merger between UTIB and GTB, Call off of the merger, valuation of swap ratios


  Page No.
Introduction 1
Background Note 2
Questioning the Swap Ratio 3
The Second Valuation 4
The SEBI Probe 5
The Merger is Called Off 5


The GTB-UTI Bank Merger Story, merger, UTIB, GTB, Chief Managing Director, Ramesh Gelli, broker, Ketan Parekh, swap ratio, problems, mergers, banks, merger, Gelli, Ketan Parekh, valuation

The GTB - UTI Bank Merger - Next Page>>


Case Studies Links:- Case Studies, Short Case Studies, Simplified Case Studies.

Other Case Studies:- Multimedia Case Studies, Cases in Other Languages.

Business Reports Link:- Business Reports.

Books:- Textbooks, Work Books, Case Study Volumes.