• DR. S. PAULMURUGAN

In this paper study the Mergers and Acquisitions in the Banking Sector of India – An Overview. India’s history in mergers and acquisitions dates back to 1921, when the Imperial Bank of India was formed through the amalgamation of three presidency banks. The merger of banks in India began around the 1960s. A merger or consolidation of banks refers to the procedure of two or more banks pooling their assets and liabilities to become one bank. An acquisition entails one organization acquiring the business of another. In this article discuss about the objectives, needs of M & As, differences between M & As, Types of Merger & Acquisition in India, Reasons for Mergers and Acquisitions under the Banking Sector of India, Challenges of Public Sector Banks’ Merger in India etc. This article concludes that, the banking industry has been undergoing massive mergers and acquisitions in order to achieve bank consolidation. Mergers and amalgamations assist the institutions in scaling up fast and gaining a bigger number of new consumers so as to improve their balance sheet and cash flow statements. An acquisition or a merger not only offers a bank more capital to work with in terms of giving out loans and making investments, but it also helps in the expansion of the bank’s geographic reach that enables it to provide services to a larger customer base.

Mergers and Acquisitions, Public Sector Banks, Securities Exchange Board of India, Conglomerate Mergers, Congeneric Acquisition and Anchor Bank

"MERGERS AND ACQUISITIONS IN THE BANKING SECTOR OF INDIA - AN OVERVIEW", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 12, page no.e9-e16, December-2022, Available :http://www.jetir.org/papers/JETIR2212402.pdf

"MERGERS AND ACQUISITIONS IN THE BANKING SECTOR OF INDIA - AN OVERVIEW", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 12, page no. ppe9-e16, December-2022, Available at : http://www.jetir.org/papers/JETIR2212402.pdf