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VOL. 10, ISSUE 1 (2024)
A study on the psychological effect among bank employees after the merger concerning Punjab National Bank in Haridwar
Authors
Ritu Modi, Deepshikha Bohra, Sapna Saklani
Abstract
Over the past ten years, mergers and
acquisitions have significantly impacted the banking sector in India and around
the world. As a result, mergers and acquisitions have had a variety of
psychological repercussions on bank workers. Employee behaviour is frequently
observed to be negatively impacted by acquisition, leading to counterproductive
behaviours, absenteeism, low morale, and job unhappiness. This study examined
how mergers and acquisitions impact employees' psychological well-being and
productivity in the Haridwar banking industry. It defined the various phases of
mergers and acquisitions as well as the potential issues at each turn of the
integration process. The study found several relationships between pre- and
post-merger and acquisition parameters. According to the study, a high level of
integration is necessary because there is a risk of cultural clashes. After
all, the banks have different cultures. The results also showed that several
factors, including poor communication, insecurity, uncertainty, and fear of
displacement, were to blame for the stress and dissatisfaction levels.
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Pages:48-51
How to cite this article:
Ritu Modi, Deepshikha Bohra, Sapna Saklani "A study on the psychological effect among bank employees after the merger concerning Punjab National Bank in Haridwar". International Journal of Commerce and Management Research, Vol 10, Issue 1, 2024, Pages 48-51
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