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Title: Pre merger versus post merger performance evaluation of public sector banks vis a vis privte sec
1994 to 2004 2005
Researcher: Tatuskar, Svetlana Santosh
Guide(s): Harsolekar, Dinesh
Keywords: Acquisitions
Indian banking system
Private sector banks
Public sector banks
University: SNDT Womens University
Completed 2016
Abstract: The banking sector plays an all-encompassing role of a catalyst towards the socio-economic dev
as the backbone of the Indian economy and occupies an important and pivotal place in a develop
banking industry has experienced an unprecedented level of consolidation as mergers and acquis
record levels. Merger and acquisition is one amongst the various modes of restructuring resorted
there is adequate research literature on banking mergers and acquisitions, most of the studies hav
particularly US and UK. In India, very inadequate research has been done in the area of banking
have explored the performance of banking mergers and acquisitions empirically in terms of their
s Framework. newlineIt is therefore important to understand and study the impact of mergers and
during the pre-merger versus post-merger period, as well as to study the impact of mergers and a
sector banks vis--vis acquiring private sector bank with reference to bank mergers in India. new
voids and proposes to analyze whether mergers and acquisitions have contributed towards the en
objective of this research is to evaluate the impact of mergers and newlineacquisitions on the per
versus post-merger period by analyzing the variables explicated in the CAMEL model, with refe
2004-2005 and to study the impact of mergers and a


Selected Mergers and Acquisitions in india.
v ABSTRACT The Post financial crises 2008 has recover with taking hold demand on
the bidders and target, optimised global Merger and Acquisition transactions. This
report focuses on examine the financial health and value addition required to
evaluate the corporate integration phases of Mergers and Acquisitions. It covers on
the pre acquisition to post acquisition phases. The previous research found that
most of the corporate advisors believed the major Mergers and Acquisitions had
been a success. However the objective of achieving a success was subjective
estimation. When the study examined each one against prior performance
integration based on economic value added for three years after post acquisition.
The study reveals that almost opposite to anticipated. It found among selected ten
merger and acquisition activities had no value addition to the acquirers. Instead of
value addition eventually the value destroyed. In other words selected mergers and
acquisitions were unsuccessful in gaining any profitability in terms of financial
health as regards value to the shareholders. In the long run sustainability of the firm
depends on multiple market mix and product mix strategies which requires Mergers
and Acquisitions. The firm value of selected firms increase in post acquisition period
but there is no commissive increase in value addition. Immediately after the
acquisition for 3 5 years there may be some decline in the earning per share and
price earning ratio but after the gestation period it will benefit the companies.
Diversification in both product and market is able the companies to overcome the
economic upheavals and business cycle problems. Firm value in terms of assets
drastically increased in all the selected companies. Firm value eventually increased
based the proportions of the investment increase in year over year. The selected
companies are failed to generate commissive increase in return on capital
employed. This study support evidence to the previous research and also it is
proven that, by considering the financial and economic parameters results found
there is huge decline in the value addition compared to the pre and post acquisition