Pre-Merger and Post-Merger Financial & Stock Return Analysis : A Study with Reference to Selected Indian Banks

Banking is one of the important sector of Indian economy. This paper is prepare to check that whether is any improvement in financial & stock return in banks in post-merger period. For this purpose, six banks have been selected whose merger is done in duration of 2006-2008. Study is carried out by comparing various financial parameters. Study has revealed that overall impact of merger and acquisition is positive on the Indian banking sector. Merger between the two banks is beneficial for Indian banks