Merger and Acquisition of Banks in the Second Decade of 21st Century

Abstract

When we enter the 21st century, we see many changes in the Indian banking sector such as stock market, Mergers and acquisitions, green banking, etc. This paper aims to analysis the data from 2010 to 2021 of Mergers and Acquisitions in the Indian banking sector. Mergers and acquisitions have long been known to guide merging entities towards positive synergies, enhanced resources and, therefore, overall growth in profit statements. Mergers between different banks are classified as horizontal mergers. The deal is always expected to be beneficial for both the merging firms. The mega amalgamation raises hopes of redefining the landscape. This study is examining the impact of mergers and acquisitions of banks and provides insight into their post-merger role on the profitability of banks.