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  Published Paper Details:

  Paper Title

ANALYSING THE IMPACT OF MERGER ON CANARA BANK WITH SYNDICATE BANK

  Authors

  Sakshi Ganesh More,  Mayuree Tawade

  Keywords

Canara Bank, Syndicate Bank, Merger, Market Share, Operational Effectiveness, Branch network, Banking industry, Financial environment, Constant monitoring, Public Sector Bank, Competitive positioning.

  Abstract


: The fourth-largest public sector bank in India was formed in April 2020 when Canara Bank and Syndicate Bank merged. This research looks into the effects of that merger. Significant gains in market share, operational effectiveness, and product diversification have come from the combination. Key findings show that the banking industry is now more competitively positioned, with more assets, deposits, and a wider branch network that enable greater consumer access and service provision. A number of strategic proposals are put up to optimise the benefits of the merger: give top priority to the seamless integration of corporate cultures and operations; make investments in state-of-the-art IT infrastructure; and carry out strong customer retention campaigns. Achieving long-term success will also require concentrating on personnel management and streamlining the branch network. All things considered, the merger is a revolutionary move for both banks, putting them in a better position to compete in a changing financial environment and improve service quality and operational robustness. To ensure ongoing growth and navigate future hurdles, it will be imperative to employ adaptive tactics and constant monitoring.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2411022

  Paper ID - 271361

  Page Number(s) - a179-a190

  Pubished in - Volume 12 | Issue 11 | November 2024

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Sakshi Ganesh More,  Mayuree Tawade,   "ANALYSING THE IMPACT OF MERGER ON CANARA BANK WITH SYNDICATE BANK", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 11, pp.a179-a190, November 2024, Available at :http://www.ijcrt.org/papers/IJCRT2411022.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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