The purpose of the present paper is to explore various reasons of merger of ICICI and Bank of Rajasthan. This includes various aspects of bank mergers. It also compares pre and post merger financial performance of merged banks with the help of financial parameters like, Credit to Deposit, Capital Adequacy and Return on Assets, Net Profit margin, Net worth, Ratio. Through literature Review it comes know that most of the work done high lightened the impact of merger and Acquisition on different companies. The data of Merger and Acquisitions since economic liberalization are collected for a set of various financial parameters. Paired T-test used for testing the statistical significance and this test is applied not only for ratio analysis but also effect of merger on the performance of banks. This performance being tested on the basis of two grounds i.e., Pre-merger and Post-merger. Finally the study indicates that the banks have been positively affected by the event of merger.
Mergers & Acquisition, Banking, Financial Performance, Financial Parameters
