oles of Commercial Banks and FinancialInstitutions (FIs)
Commercial Banking orSimilar in NatureInvestmentBankingOther FinancialServicesBanks Accepting chequabledeposits Granting loansand advances
Investments insecuritiesUnderwriting of issues Loansyndication
Factoring,Leasing, Hirepurchase,Mutual funds,Credit-cards,Merchantbanking,HousingFinanceFIs Granting long-termloans and advances,Granting short-termloans/advances/workingcapital finance,Accepting term-deposits and issuingCDs, etc.Underwritingandsubscribingdirectly toshares/bondsof corporates.Commercialbanking, Creditrating,Brokerage,H.F, M.Fs,Projectconsultancy,Registrarservices, etc.Notes:- Source:www.rbi.org.in- The activities are performed either directly or throughsubsidiaries.- FIs: Financial Institutions- CDs: Certificate of Deposits- M.Fs: Mutual Funds- H.F: Housing Finance
Objectives of the Study
In the light of the above discussion, an attempt has been made in this paper to predict theinsolvency of IDBI. Thus, the basic objectives of the study are:1. To find out the financial distress of IDBI using the Altman Z-Score model.2. To explore the signs of financial distress of IDBI and address the issue of the proposed mergerplan of IDBI with IDBI bank based on the results.