Mergers and Acquisitions of Indian Banks: A Study of Punjab National Bank, United Bank of India and Oriental Bank of Commerce

The announcement of Mega Bank Merger has been made by Honourable Finance Minister Nirmala Sitharaman to increase the operating efficiency, reducing Non-Performing Assets and make the Banking sector a healthy competition. Present study highlights the Swap ratio, Financial Parameters and Pre-Merger and Post-Merger Financial Parameters of Punjab National Bank, United Bank of India and Oriental Bank of Commerce. The swap ratio between PNB and OBC is increasing over the year and PNB and UBI is also increasing. Value of Non-Performing Assets after the merger has been decreasing. Deposits after the merger has been increasing and no. Of branches after the merger has also been increasing. Return on Capital Employed, Earning per share, Net profit margin, Net interest margin and Return on equity have also been increasing after the merger in case of Punjab National Bank.