@article{et. al._2021, title={A COMPREHENSIVE ANALYSIS ON MERGER PERFORMANCE IN INDIAN BANKING INDUSTRY}, volume={10}, url={http://modern-journals.com/index.php/ijma/article/view/728}, abstractNote={<p>Financial performance of any country, generally depends on the efficacy of its banking industry. Especially, in an emerging country like India, there is an intense competition from multinational banks, along with domestic banks (both public and private) to gain competitive advantage over others. Hence, in order to sustain in this competitive world, mergers in the banking industry has become the utmost need of the hour. The Indian commercial banking industry is currently passing through a challenging but an exciting phase. It was the Narasimhan committee that proposed the idea of merger of public sector banks, way back in 1991. The committee proposed a 3-tier model where, the top tier includes 3 major internationally recognized banks, the middle tier comprises 8 to 10 banks at national level, and the lower tier consists of an umpteen number of banks at local and regional level. Banking industry has seen tremendous mergers since then.</p> <p>This study tries to understand the motives of banks towards mergers and to figure out if they were fruitful. This paper focuses on the recent merger of State Bank of India and its Associates, and ING-Vysya with Kotak Mahindra Bank</p>}, number={2}, journal={International Journal of Modern Agriculture}, author={et. al., Chaitanya V Sharaff Khana,}, year={2021}, month={Mar.}, pages={63 - 81} }