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Public sector banks are an important vehicle of financial penetration in India right from nationalization of banks in 1969 when the government of India has taken ownership of banks in the public interest. During the last decade, there are questions arising about the operation and efficiency of public sector banks in India. In 2018 public sector NPAs hit a record level after the government of India has taken much forward step in form of amalgamation of banks in India. The government has reduced the number of public sector banks, twelve (12) in 2020 and it was twenty-seven (27) in 2017. The government has claimed that amalgamation will improve the health and operational efficiency of public sector banks they also put the argument that after amalgamation the size of assets, deposits, and capital will be increased and that will improve the profitability of banks and also cut the cost of banks. In this paper, we will examine this argument by considering an assumption that if the amalgamation exercise done by the government in 2005 and how would that affect the bank's specific factors and will compare that with without amalgamation. Firstly, we have examined the public sector bank's bank-specific indicator scenario after that we have applied econometric analysis to check the empirical evidence of the amalgamation of banks in India.
"Public Sector Banks Amalgamation in India: An Empirical Evidence", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 11, page no.706 - 720, November-2022, Available :http://www.ijrti.org/papers/IJRTI2211099.pdf
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2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator