Published Paper Details:

Union Bank had merged with Andhra Bank and it came into effect from April, 2020. In this regard the financial performance of Union Bank and Andhra Bank had been compared between pre-merger and post-merger period. Three years pre-merger (2017 to 2019) and post-merger (2020 to 2022) financial years have been used for conducting this research work. Secondary data had been taken financial statement of Union Bank and Andhra Bank has been procured from respective websites and reliable sources. The analysis of mergers gives knowledge about the actual performance of the banks. When the bank performance does not meet the expectations then such decisions of mergers need to be avoided in future. Hence in this regard the merger between Andhra Bank and Union Bank had been great success. Public sector banks are viewed as static organizations and more bureaucratic in nature. However the recent decisions by banking sector had surprised by adopting latest technology. Further it is evident that Union Bank had enhanced the quality of its services with sophisticated technology. The customers of the bank can perform various activities such as deposits, payments and loan application filling by using internet banking. Overall merger between Andhra Bank and Union Bank had been proved a success in the banking sector.