Effectiveness of merger on financial performance of ICICI bank ltd
Anjali, Amit Kumar Yadav
Due to advent of globalisation, restructuring of business entities is common and complex process which enhances the synergy of the bidding and targeted entities. In India, government bodies have launched the several frameworks in order to restructure India's corporate sector by implementing mergers and acquisitions policies. The present study conducted on ICICI Banking companies during the period of 2003-2018 aims to examine the pre –post merger performance of the selected bank. The results revealed that there is significant difference of merger on Efficiency Ratio, Profit Margin and Return on Assets whereas on Cost of funds and Return on Equity there was no significance difference found.