THE WAVES OF M&A IN INDIAN BANKING SECTOR AND ITS IMPACT ON BANKS SAILING

Buddhodev Akinchan, Sinha
Business Review : e-Journal   unpublished
Mergers and Acquisitions immensely assist banks in expanding their operations, in attaining synergy and in acquiring the stressed assets of weaker banks. As it is a well accepted fact that banking sector is most extensively regulated in Indian financial market. Despite the truth that regulation increases performance at various levels, business growth is the perpetual quest for all companies, and banking companies are not alien to that. Fast growth of consolidations revealed that banking
more » ... ns, though stringently regulated aspire for a high rate of profitability and business presence. There are many instances in Indian context that show different reasons of mergers and acquisitions in banking sector in India. This paper attempts to ascertain the financial impacts on Indian banks on account of merger and acquisitions. The merger and acquisitions that will be taken up for study are: Global Trust
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