• Priyanka Jaiswal

The Indian banking industry is considered to be growing swiftly and has altered itself into a dynamic industry.With the rapidly advancing technology and an increase in competitions, mergers and acquisitions are the immediate choice and an effective strategy to penetrate new markets. Banks being the underpinning foundation of our economy, frequently merge in order to expand globally. In terms of market capitalization, ICICI Bank is the largest bank in India, while it ranks second in terms of total assets. Through the merger, ICICI Bank was able to access Sangli Bank's clientele, workforce, and branch network in both urban and rural locations. Also the merger assisted ICICI Bank in growing its small business and rural banking activities. The present study employed financial ratios to analyze the financial performance and economic value added to analyze the economic performance. The study period considered was three years post and three years pre merger. Thestatistical results of hypothesis testing, reveals that the merger has no significant) impact on the financial ratios of ICICI Bank. Hence, in conclusion, mergers and acquisitions (M&A) do not appear to have a notable impact on the key financial metrics of ICICI Bank, emphasizing that the bank's performance and stability are maintained independently of such strategic initiatives.

Mergers and Acquisition (M&A), Long Term Performance, ICICI Bank, Wilcoxon Signed Rank Test.

"Impact of Mergers and Acquisitions on Firms Long Term Performance: A Pre Post Analysis of ICICI Bank", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.12, Issue 1, page no.416-424, January-2025, Available :http://www.jetir.org/papers/JETIRGS06051.pdf

"Impact of Mergers and Acquisitions on Firms Long Term Performance: A Pre Post Analysis of ICICI Bank", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.12, Issue 1, page no. pp416-424, January-2025, Available at : http://www.jetir.org/papers/JETIRGS06051.pdf