A Study on Impact of Mergers and Acquisition in Indian Banking Sector
Author :
Himanshu Singh, Professor Dr Manoj PandeyJourna Name:
INTERNATIONAL JOURNAL OF SCIENTIFIC RESEARCH AND ENGINEERING TRENDS Country :
IndiaVolume:
10 issue:3 Year:2024 Views : 492
Abstract:
Mergers and Acquisitions (M & As) continue to be a significant force in the restructuring of the financial services industry. The Indian Commercial Banking Sector, which has played a pivotal role in the country’s economic development, is currently passing through an exciting and challenging phase. With the onset of economic reforms, the banking sector in India has embarked upon mergers and acquisitions to capture the synergistic benefits like economies of scale and scope, in the face of increasing competition from domestic as well as foreign players and rapid technological developments.