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The study attempts to examine the impact of merger events on the stock price behavior of acquirer as well as the target …) merger announcements both by Private and Public sector banks. The results demonstrate that merger announcements in Indian …. None of the average CAR appeared statistically significant when Global Trust Bank (GTB), a loss making bank is included in …
Persistent link: https://www.econbiz.de/10013104219
. The recent merger and acquisition case of ICICI Banks, HDFC Bank Ltd, Kotak Mahindra Bank shows that Private sector banks … are keen to diversified growth and leadership.The paper presented a case study of recent Merger of ING Vysya Bank with … Kotak Mahindra Bank considering the rationale behind the merger and its benefits …
Persistent link: https://www.econbiz.de/10013015265
examining the eight merger deals of the banks in India during the period of reforms from 1999 to 2006. This paper also uses the … empirical methods T-test to study the short term change in the returns of the banks due the merger and EVA (Economic Value added …) method to study the efficiencies or benefits achieved due to the merger. Through this paper and the sample taken for analysis …
Persistent link: https://www.econbiz.de/10013156587
private managerial benefits, defense against takeover. Further, there is variety of reasons to induce merger proposals. Some … of them are synergy, tax considerations, economies of scale in operations, diversification. Merger taking place in India …Merger and acquisition of Indian banking has occupied an important place amongst the personnel and policy-makers of …
Persistent link: https://www.econbiz.de/10013156793
The issue of bank mergers and takeovers is always hotly debated and more so in the context of publicly owned banks …
Persistent link: https://www.econbiz.de/10013159886
purpose the researchers have taken the case of merger/acquisition from the Banking sector - ICICI Bank - Bank of Rajasthan Ltd … acquisitions in an unprecedented manner. This phenomenon is more predominant in hyper-competitive markets like India. Indian … companies like HDFC Bank, ICICI bank, Airtel etc. are reckoned as global competitors in their sectors. These Indian firms have …
Persistent link: https://www.econbiz.de/10012952614
Public Sector Undertaking (PSU) banks were 27 in total in India till April 1, 2020, but now with the amalgamation of 10 … public sector banks (PSBs) into 4 mega banks, the number decreased to 12 PSBs. The Central government of India came with this …, reasons which lead to this merger and possible outcomes for the stakeholders …
Persistent link: https://www.econbiz.de/10012827098
defined event window.In order to analyse the effect of announcement of bank's Merger and Acquisition on stock price, we have … existence of positive abnormal returns for shares of these firms. The aim of this project is to examine the impact of Merger and … by security holders accompanying specific events (e.g. merger announcements, earnings announcements, stock splits), where …
Persistent link: https://www.econbiz.de/10012871107
return on assets is done. This Study is undertaken by applying Mean score and paired sample t-test. For IDBI Bank, merger has …Banking Industry plays an important role in the economic development of India. For strengthening structure of banks …, merger is adopted. This study is undertaken with an objective to check improvement in financial performance of banks after …
Persistent link: https://www.econbiz.de/10013013375
banking sector. The present work investigates the fairness of valuation in bank merger deals occurred in the post …-liberalization India. In contrast to the firm valuation which gives an absolute value, merger valuation is a relative valuation which is … it will have a major impact on the future prospects of the acquiring bank. To check the authenticity or fairness of …
Persistent link: https://www.econbiz.de/10013055310