In this study, we looked at how mergers and acquisitions affect important parts of the Indian economy. We wanted to see what happens to things like Non-Performing Assets (NPAs), jobs, and how well the combined banks do. When banks merge, one of them usually becomes much bigger. Let's break it down - "merger" and "acquisition" are two types of corporate unions. The companies getting stuff are called "acquiring companies" or "bidders," while those being taken over are the "target companies." Right now, more mergers and acquisitions are happening, but it's not clear if it's because the economy is doing better. NPAs are a bit better, but that's about it. Many bank workers think mergers are bad for their jobs because the people who own the banks want to limit how many employees there are. Banks that merged or got acquired are cutting jobs every year. The data shows that big Indian banks choosing to grow through mergers seem to be making good choices in organizing their staff better. Not many studies have looked at how mergers affect jobs, so it's important to check recent mergers of public sector banks. This analysis aims to find both good and bad effects of these mergers, giving us more understanding.