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Bank Merger Reason, Advantage and Limitations.

Why Bank Merger ? Achieving Cost Reduction Cost reduction through economy of Scale- Consolidation helps in scaling in up operations, thereby reducing per unit cost. Cost reduction through economy of Scope- This is achieved through synergy involved in the ability to offer multiple products using the same infrastructure. Example: Banks can offer insurance and investment …

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Startup of Prayagraj

Prayagraj Airport

Prayagraj Airport is a military airbase and public airport serving the city of Prayagraj, in the state of Uttar Pradesh, India. It is located in Bamrauli at a distance of 12 km (7.5 mi) from Allahabad city and is operational for domestic flights. Construction of a new terminal began in January 2018 and was completed …

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