Post-Mergers and Acquisitions Performance of Select Indian Banks

The present paper examines the impact of Mergers and Acquisitions (M&As) on the financial efficiency of selected banks in India. The post-M&A performance is measured using the ratio analysis. The main focus is on the overall profitability parameters, liquidity parameters, solvency parameters and overall efficiency parameters. We found significant change in the earnings of the shareholders; a little change in liquidity position; significant change in the long-term solvency position of the firms; and significant change in the overall efficiency of the banks during the post-merger period 2008-2013. The results of the study indicate that M&As in India have significant impact on the financial performance of banks and that the acquiring firms were able to generate value