Effects of merger on Public Sector Banks in India (A case study of PNB, Indian, Union, and BOB Bank of five years (2018-2022)

In modern economy the importance of banks cannot be ignored. Banking sector plays a vital role in the economic development of the country. Banking sector are a financial institution, which perform various function like accepting deposits, lending loans to agricultural & industrial concerns. For understanding the long term implications of the merger researcher has tried to looks at Mergers and Acquisitions (M&A’s) that have happened in Indian banking. This paper also analyses those important steps that banks should consider for future. Recent trends in M&A’s and their impact on Indian banking has been studied through this paper. With the help of performance evaluation, this paper compares before and after merger financial performance of merged banks and to what extent M&A’s has been successful in Indian banking sector as it is tried to find out as a way to promote the interest of the depositors of distressed banks. So it is essential to promote merger and acquisition between strong and distressed bank. This paper studies the impact of before and after merger on PNB, Indian Bank, Union Bank, and Bank of Baroda’s financial performance.