A Study on Effect of Merger in Indian Banking Sector

  • Unique Paper ID: 165740
  • Volume: 11
  • Issue: 1
  • PageNo: 1630-1634
  • Abstract:
  • Banking sector in any country plays very important role in every economy and is one of the fastest growing sectors in India. Without stable and Effective banking system, no country can grow. India is a world’s largest emerging economic giant. For the past few years, India’s Banking system has grown very rapidly. In order to grow the development of the banks, The Government of India has started merging various Public Sector Banks (PSBs). Also GOI has started merging weak banks. This study is about the merger of Dena Bank and Vijaya Bank into Bank of Baroda as well as United Bank of India and Oriental Bank of Commerce into Punjab National Bank. This paper helps us to know about the reason and post merger effects of these banks. The aim of this paper is to know what whether it is beneficial to the banks get merged or not.

Cite This Article

  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 1
  • PageNo: 1630-1634

A Study on Effect of Merger in Indian Banking Sector

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