A Study on Pre & Post Performance Evaluation of Merger and Acquisition of Selected Indian Banks

Indian banking sector has witnessed revolution due to tough competition from private and international counter parts. Traditional Indian banks are trying to makeover and match in terms of services provided by foreign and private counterparts. Growth and extension have become indispensable for corporate. Mergers and Acquisitions (M&As) are an easy route to achieve the twin objective. Businesses across the corporate world have only two options in hand to expand their operation and gain substantial profits. One way is to grow through internal expansion by means of introducing new technologies, altering the course of operations, enhancing work performance, and establishing new lines of products or services. Through this, the business grows gradually over time but the new strategy of external expansion has completely changed the business sector across the world. This external expansion takes place in the form of merger, acquisitions, takeovers, and amalgamations, dramatically supporting the globalization of businesses. M&A are value spinners for investors. Present paper tries to compare and evaluate the pre-merger and post- merger scenario of the selected Indian banks. Major ratios are studied to identify the overall impact of the profitability of the banks on account of mergers and acquisitions