MERGER AND ACQUISITIONS IN BANKING SECTOR

A PROJECT REPORT

Submitted toUniversity of Mumbai

in partial fulfillment of the requirement

ForM.Com.(Banking and finance) Semester II

In the subjectCommercial Bank Management

by

Ravi R DohareRoll No. 36

Adarsh College of Commerce

Badlapur (east)

April 2014

DECLARATION

I Ravi R Dohare Roll No. 36, the student of M.Com. (Banking and

Finance) Semester II (2014), Adarsh College, Badlapur, Affiliated to

University of Mumbai, hereby declare that the project for the subject

Commercial bank management titled “MERGER AND ACQUISITIONS IN

BANKING SECTOR” submitted by me to University of Mumbai, for

semester II examination is based on actual work carried by me.

I further state that this work is original and not submitted anywhere else for

any examination.

Place: BadlapurDate: 23/4/2014 Signature of the Student

Name: Ravi R Dohare Roll No: 36

I N C O L L E G E L E T T E R H E A D

D a t e :

C E R T I F I C A T E

This is to certify that the project titled “MERGER AND

ACQUISITIONS IN BANKING SECTOR” Submitted by our student

Mr. Ravi R Dohare Roll No. 36 of M.Com. (Banking and Finance)

Semester-II (2014) examination has not been submitted for any other

examination and does not form a part of any other course undergone by

the candidate. It is further certified that he/she has completed all

required phases of the project.

This project is original to the best of our knowledge and has been

accepted for Internal Assessment.

Internal Examiner External Examiner

Co-ordinator Principal

College seal

ACKNOWLEDGEMENT

It is a pleasure to thank all those who made this project work possible.

I Thank the Almighty God for his blessings in completing this task. The successful completion of this project is possible only due to support and cooperation of my teachers, relatives, friends and well-wishers. I would like to extend my sincere gratitude to all of them.

I am highly indebted to Principal Dr. Vaidehi Daptardar, Co-ordinator Prof. Mandar Paranjape, and my subject teacher Prof._______________________________________ for their encouragement, guidance and support. I also take this opportunity to express sense of gratitude to my parents for their support and co-operation in completing this project.

Finally I would express my gratitude to all those who directly and indirectly helped me in completing this project..

.

Ravi R Dohare

TABLE OF CONTENTS

PAGE NO.Declaration i

Certificate from the institution ii

Acknowledgement iii

Table of contents iv

CHAPTER 1 Introduction 1

CHAPTER 2 Indian banking industry 2

CHAPTER 3 Merger & acquisition in banking sector 5

CHAPTER 4 Narsimham committee report 9

CHAPTER 5 Merger in Indian banks 15

CHAPTER 6 Case study 17

CHAPTER 7 Regulations regarding M&A in india 18

CHAPTER 8 CCI role in merger & acquisition 21

CHAPTER 9 Banking law bill,2011 22

CHAPTER 10 Analysis 24

CHAPTER 11 Recommendations 26

CHAPTER 12 Conclusion 27