Paper Key : IRJ************931
Author: Dr. Basab Kumar Sil
Date Published: 04 Jul 2024
Abstract
Todays competitive world is like a jungle where the giants gobble up the smaller ones and therefore one has to be fit enough to overcome such challenges. There are instances that large enterprises have taken over their smaller competitors. Different Indian sectors that have resorted to Mergers and Acquisitions (M&As) in recent times include telecom, pharmaceuticals, finance, fast moving consumer goods (FMCG), construction materials, automobile industry and steel industry. With the increasing number of Indian companies opting for M&As, India is now one of the leading nations in the world in terms of M&As. Like all business entities, banks also want to safeguard against risks and exploit available opportunities arising out of existing and expected trends. A phenomenal growth in M&As in the banking sector, both globally and in India, has been witnessed in the recent past. In this backdrop of emerging global and Indian trends, this article highlights the key issues relating to trends and reasons of M&As in the banking sector, with special reference to Indian banks.