It is not easy to takeover banks like companies takeover other companies. You need RBI’s approval to any such activity. Even if RBI may allow, second hurdle is banks legacy. Banks like KVB, TMB, CUB, Karnataka bank because these banks were formed by either a community or a local population, When you say 80% public, majority if these are people were holding these shares from the founding time. They are in no mood to allow others to take these from their control. You can see things happened to TMB. There are some successful takeover but many of cases, it is after the bank is almost dead incases of LVB, CSB, PMC
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