PAPER ID:IJIM/V.6(IV)/1-4/1

AUTHOR: Dr. Anita Rani

TITLE :A STUDY OF MERGER OF PUBLIC SECTOR BANKS AND ITS IMPACTS

We know that the Banking Sector plays a vital role for the overall development of any economy. And last few decades, there have been many major changes in the banking sector, due to which our banking sector has become even stronger. Last six decades Government nationalized – various private sector banks following the numerous bank mergers between public and private sector banks – some to save weaker banks and some for synergic business growth. In recent years, announcing the mega plan of banks ‘ merger on August 30, 2019 with an aim to have financially strong public sector banks in India, The finance Minister of India Nirmala Sitharaman had outlined the Government ‘s plan to merge 10 public sector banks into four large banks. After the merger there will be 12 Public sector banks in India. The merger will have expected to create fewer and stronger global-sized banks to boost economic growth.
The merger has not only brought benefits but also has to face all the challenges that have had positive and negative impact on a banking system. In this point of view merger of public sector bank, I have included the change in public sector banks in my present research paper and also analyzed its impact on various banking performance.

Keywords: public sector banks (PSBS), merger, positive impact, negative impact

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