Synergy Impact of Merger in Banking Industry -Special Reference to Dena Bank and Vijaya Bank

COMMERCE

Merger of banks will facilitate their efficiency in different types of area with their expand knowledge, experience and technology. It gives positive attention on development of economy and this will strength the position of Banks to compete in global field. The Government of India has decided to merge Vijaya Bank and Dena Bank with the Bank of Baroda on 1st April 2019.This paper to identify Reasons, Challenges and Benefits of Merger and to Analysis of financial Performance of Bank of Baroda, Dena bank and Vijaya Bank. The proposed research will be based on secondary data will be used. In order to analyze the impact Merger on public sector bank pre merger period taken 2014 to 2018 taken as pre merger period. Conclusion of this article that Merger of banks may be profitable because of to use resources in a better way of technology which will reduce the cost and increase the income merger of Dena and Vijaya bank in Bank of Baroda.

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