A Study on Impact of Mergers on Share Price Performance of Merged Banks

This study analyses the impact of mergers on the share price performance of Canara Bank and Bank of Baroda. With recent consolidations in the Indian banking sector aimed at improving efficiency and competitiveness, the study examines key financial ratios—P/E, EPS, ROE, dividend yield, and D/E—before and after the mergers. Using t-tests, it evaluates the significance of changes in these indicators. Results reveal mixed outcomes: some metrics improved, while others showed no significant change. The study offers insights into how mergers affect financial performance and market perception in India's evolving banking landscape.