INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
The finance ministry opines that the merger of the 10 public sector banks will help India to make a US 5 trillion economy. The bank merger was done under the bank consolidation plan of the union government. In order to increase the national presence of banks and to reach their global level, the merger of the banks was necessary. During this process the amalgamated bank was handed over to the Anchor Bank. The merger of the bank are expected to be completed by the end of the current financial year March 31, 2020. The study tries to analyse the next generation public sector banks, the banks to be merged with the Anchor banks, impact of merging, capital infusion in the public sector banks.
Keywords:
Amalgamated Bank, Public Sector Banks, Capital Infusion, Capital Risk Asset Ratio, Cash Ratio, Common Equity Tier, Gross Advances, Non Performing Asset, Provision Coverage Ratio.
Cite Article:
"An analysis behind the merger of banks", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 5, page no.1405-1414, May-2022, Available :http://www.ijnrd.org/papers/IJNRD2205185.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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