PSBS - Mammoth Merger Plan for Synergy Benefits

Abstract

The GoI unveiled its ambitious plan to merge six PSBs with other four PSBs which is expected to produce multifarious benefits to the economy. However, the benefits depend upon how efficiently the people of amalgamated banks function in the post-merger period. In this backdrop, this paper analyses a few aspects of the present merger plan such as the proposal, motives, process of merger, synergy benefits, etc.