Open AccessANALYSIS OF MERGER OF SBI & ITS ASSOCIATES
Author(s) -
Bharat Khurana
Publication year - 2017
Publication title -
international journal of research - granthaalayah
Language(s) - English
Resource type - Journals
eISSN - 2394-3629
pISSN - 2350-0530
DOI - 10.29121/granthaalayah.v5.i5.2017.1872
Subject(s) - position (finance) , business , banking industry , point (geometry) , focus (optics) , management , accounting , business administration , advertising , finance , economics , mathematics , physics , optics , geometry
Merger of SBI with its 5 associate banks and Bharatiya Mahila Bank which took place on 1 April, 2017 is the largest merger in history of Indian Banking Industry. The research has been conducted to know from where the journey of SBI to reach this point of success where post-merger it is at 45th position among top banks of the world. The focus of this paper has been placed on reasons of this merger and also, after effects of merger has also been discussed.