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Abstract

Banking sector play a very predominant role in the progress, prosperity and wellbeing of any nation. Right from the inception Indian banking system underwent substantial transformation. The impact of economic reforms initiated in the year 1991 caused many changes in system and structure of banking industry. Merger of banking companies is one of the strategies adopted by the banking sector to remain efficient and to compete with the global banks with their changing regulations. With an objective of creating stronger banks and to enable such banks to compete at national and international level government has taken the steps to consolidate the public sector banks. With this background, this paper aims at providing an in depth analysis of bank   mergers in India.  The study is based on secondary data drawn from various sources like books, journals, reports and websites.

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