Project Description
Now a days, Mergers and acquisitions in the Banking sector are very important for the growing of Indian Banking Sector. This can be achieved through Cost Reduction and Increasing Revenue. Merger and acquisition emerge as a reality. Bank mergers are one of the strategies for strengthening the Indian Economy by enhancing the banking sector. The Government of India has amalgamated many public-sector bank. On April 2017 SBI and its subsidiaries were amalgamated. On 1 April 2019, the merger of Vijaya Bank and Dena Bank with the Bank of Baroda came into effect. After the merger, Bank of Baroda became the third largest bank and second largest public sector bank to serving banking and strengthening the Indian Economy. On April 2020, OBC and UBI were amalgamated with PNB and they became the second largest bank in India. This project looks at Mergers and Acquisitions (M&A’s) that have happened in Indian banking sector to understand the resulting synergies and the long term implications of the merger. This project also analyses recent trends in banks regarding the Mergers and Acquisitions.
The study covers the reasons for bank Mergers and Acquisitions in Indian banking sector. It a analyzes the Operational and financial performance of SBI through Pre and Post-Merger period with the help of various parameters. It also analyzes the pros and cons of M & A. This study includes data was collected from secondary sources such as websites, articles and annual reports and analysis has been shown with the help of charts.
Project Scope
- To evaluate various aspects of services provided by banks in India.
- To study the concept of mergers and acquisitions.
- To explore on various products available in banks.
- To explore the changes in the system before and after mergers.
- To find out how customers were impacted by mergers.
- To find out how customer emotions were impacted.
- To find customers perception regarding quality of banking services after mergers and acquisitions. To find out whether customers are satisfied with the transformation.
Student Task
- Week 1 – Introduction of project and its scope with team
- Week2 – Gathering of knowledge of banking and banking products and services rendered
- Week3-Understanding of the basic functions of bank employees, the way they render services to the bank and also customer’s expectation from Banks.
- Week4-Discussion of questionaries’ preparation
- Week5-Trainees collecting data in field
- Week6-Analyzing and interpretation of Data
- Week7-Project Documentation Week8-Project presentation
Courses/Programs Suitable for the Project
BBA, B.Com, MBA, M.Com, PGDN. PGDRB, All courses specializing in Banking
