Changes are always welcome, but to stay pace with these changes is the most challenging aspect. The banking system is one such sector that has been browsing various tremendous changes over the age. From the standard brick and mortar system to the current online transactions, the banking system has grown much beyond words. The Indian industry too encompasses a long history to narrate. Beginning from the Presidency banks of the 1800s, the banking system has witnessed comprehensive changes. Bank merger is an occasion in which two entities which were entirely independent earlier and accustomed perform their tasks individually are combined into one entity. Mergers needn't be between two banks but among many. Mergers are nothing new the globe. Then again they need acquired such a lot importance in the present decade with the rise in the intensity of competition. With the increasing competition in the globalised economy, mergers and acquisitions are expected to occur at a way larger scale than any time in the past and have played a significant role in achieving the competitive draw near the dynamic market environment. Many studies are disbursed to look at the profitability and efficiency ratios of the firms involved in the Mergers especially abroad. Literature proves that deep studies haven't been dispensed in the Indian scenario which too with the small or negligible target the human factor. Hence, in the light of the above discussion, the study has been made on the subject “The Impact of Bank Mergers on efficiency of banks in India.
Keywords: Mergers, Efficiency, Competition, Synergy Benefit, Employees Satisfaction.