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REPORT ON THE
MERGER OF ICICI-BoR

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INTRODUCTIONc

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Banking Sector in India

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Pre Merger Scenario

ICICI

ICICI Bank*28:$!;5# 2 +*Industrial Credit and Investment


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Results   *(+

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Net profit 1026.0 878.2 16.8 2.0




Bank of Rajasthan

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PERFORM×NCE OF THE B×NK DURING 2009-10

FIN×NCI×r PERFORM×NCE

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DEPOSITS

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PRIORITY SECTOR :

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SEGMENT- ·ISE PERFORM×NCE

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Business Segment For the Year ended 31st For the Year ended 31st
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Segment Revenue
 
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Total 1489.68 1507.33



For the Year ended For the Year ended


Business Segment Particular
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Total 541.34 643.47




Deal Details



































Post Merger Scenario

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Valuation of the deal


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Market cap per branch: a peer comparison



Comparison with bank mergers in the past


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Impact of the deal for ICICI Bank

Expansion of branch network


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Increased presence in the northern region


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ICICI Bank: branch distribution (FY2009)

Financial impact


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Profit and loss


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Concerns

Regulatory concerns
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×sset quality concerns


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Valuation table
Particulars FY2008FY2009FY2010EFY2011EFY2012E
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