STUDY OF MERGER AND ACQUISITION IN BANKING SECTOR

The present study is a work undertaken with the object to analyse the trend of merger and Acquisition of the Indian Banks and to make a simultaneous evaluation of success of such Mergers and Acquisition in the Banking Sector. The banking service sector in general and the banking assiduity in particular in numerous developing countries have seen drastic changes along with material alterations and turns in approach of running a Bank with the object of establishing an effective system for running the Banks. One important aspect of this banking service sector reform is the entry of new private sector banks, which includes foreign banks and also the relinquishment of a further liberal station towards these foreign banks. It's generally observed that these banks hold out a advanced position of productivity because of their sophisticated technology and effective human resource planning, which enable them to enhance their total banking business per unit of capital. This is markedly reflected in their competitive edge over their Indian counterparts. On the other side the public sectors Banks of India with their comparatively less advanced technology are impelled to contend with the new emergence of the various private sector Banks. The public sector banks are more frequently than not needed to be invested with injections of fresh capital, automation and better technology to make them more effective and effective so that they’re suitable to face and contend with their new rivals. It's also true that the present competitive business environment is making the public sector banks largely client 2 acquainted and forcing them to separate their presence in the request by adopting different commercial restructuring practices.

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Keywords: Technology, Competitive, Financial, Globalization, Profitability, Efficiency, Automation.


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