IMPACT OF MERGER & ACQUISITIONS ON FINANCIAL PERFORMANCE OF INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA (ICICI)-Reference-Cited by-同舟云学术

IMPACT OF MERGER & ACQUISITIONS ON FINANCIAL PERFORMANCE OF INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA (ICICI)

Published:2022-04-15 Issue: Volume: Page:4-7
ISSN:
Container-title:GLOBAL JOURNAL FOR RESEARCH ANALYSIS
language:en
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Author:

Singh Sultan¹,Gautam Veena²

Affiliation:

1. M. M. Institute of Management, MMU, Mullana, Ambala, Haryana, India.

2. Research Scholar, Chaudhary Devi Lal University, Sirsa, Haryana, India.

Abstract

The present paper is an attempt to examine the impact of Merger & Acquisitions (M&As) on nancial performance of industrial Credit and Investment Corporation of India (ICICI). The Bank of Rajasthan was merged with ICICI on August 13, 2010. The analysis was done with the help of various descriptive and inferential statistical techniques by taking a period of three years before and three years after merger using CAMEL model. The results revealed that there is no signicant impact of merger of Bank of Rajasthan on capital adequacy, assets quality, management efciency and liquidity of ICICI. However, a signicant positive impact on return on assets and net prots to average assets was noticed after M&As.

Publisher

World Wide Journals

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