An analytical study on merger of Canara Bank and syndicate bank with reference to pre and post-merger financial performance

Abstract

Banking is one of the fastest developing sectors in India. now a days challenges are arising more and more. Competition is very tough to stable in financial market. Every day government make new rules for privatisation & globalization.in 2022 government was decided 10 public sector bank merges with private bank in near future for reducing competition, NPA, also reduce managerial expenses. The largest merger was done in 2019 state bank of India with their associates. After that in 2019 bank of Baroda and many other banks were merged. Till today this scenario is continue going on. In 2020, 10 public sector bank merging with 4 large banks for the purpose of economic development.in this research paper we focus on merger of canara bank with syndicate bank an attempt is made to know the impact of bank performance after merger this will beneficial to economic growth or not.