TY - BOOK AU - Venkateswaran Vinod AU - S K Sudarsanam TI - Predicting Acquisitions in the Indian Financial Services Sector PY - 2023/// CY - Noida PB - Indian Institute of Finance KW - Financial Services KW - Industry KW - Machine Learning KW - Modeling N2 - Acquisitions are crucial for firm's growth strategy with various motivations such as economies of scale, new product or technology acquisition, introduction in new markets and increasing market share. These motivations are applicable in the financial services sector. In India acquisitions have gained prominence over the last few decades for reasons such as liberalization, globalization and access to capital markets. Research on predicting acquisitions over the previous four decades has been developed using traditional statistical modeling. In addition accounting data has been used as independent variables to determine the probability of acquisition. Two models have been developed using Random Forest and Logistic Regression for predicting takeovers in the Indian financial services industry. ER -