Sep , 2022, Volume : 3 Article : 3
Bank Merger: Boon or Bane for Indian Economy?
Author : Sahin Aktar Munshi, Abhijit Das, Bikram Barman
Banking is one of the fastest growing sectors and is considered as the lifeline of any economy. Throughout the decades, the Indian economy has undergone numerous changes. In this competitive modern era, mergers and acquisitions are becoming a highly admirable trend in the banking industry. The government of India announced India’s biggest and largest mega banks merger on August 30, 2019. The present study attempts to understand the motives, objectives as well as pros and cons of public sector bank’s merger along with a few indicators. The Impact of merger on different stakeholders is also discussed.
Keywords: Bank, Merger, Public sector bank, Non-performing asset
3. Bank Merger_Boon or Bane for Indian Economy (15-18)_compressed.pdf