AMIT
AMIT
AMIT
Merger is defined as combination of two or more companies into a single company where one survives and the other lose their corporate existence. the survivor acquires all the assets as well as liabilities of the merged company. Merger is also defined as amalgamation. merger is the fusion of two or more existing companies. all assets, liabilities and the stock of one company stand Transfered to transferee company in consideration of payment in the form of Equity share in the transferee company. Debenture in the transferee company. Cash
Objective of the study To study the purpose of mergers and acquisitions in the Banking sector
RESEARCH METHODOLOGY
Research Methodology: Research is defined as a systematic, gathering recording and analysis of data about problem relating to any particular field. It determines strength reliability and accuracy of the project. Source of Data Collection: The analysis is purely based on the secondary data. Secondary Research based on: Internet Sources Finance Books Magazines
DATA Analysis
Table depicts the profile of both the banks before merger,
FINDINGS
Merger took place for criteria for tax saving and manipulation of balance sheet. Merger provides a firm to capture and work on a company which is corroding and not having much of the future. Acquisition is forceful act so to stop its happening there are much resistances that a company can perform. Merger are the growing trend and many billion dollar firms are involved in the act.
CONCLUSON
Based On The Trends In The Banking Sector And The Insights from the cases highlights in this study , one can list some steps for the future which banks should consider , both in terms of consolidation and general business. banks can work towards a synergy based merger plan that could take shape latest by 2012 end with minimization of technology related expenditure as a goal. here is also a need to note that merger or large size is just a facilitator ,but no guarantee for improved profitability on a sustained basis. Hence the thrust should be on improving risk management capabilities, corporate governance and strategic business planning.