Amalgamation in Regional Rural Banks- A Literature Review in Indian Context
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Abstract
Mergers and Acquisitions – when it comes to the context of the Banking Industry, it is specifically named Amalgamation. Amalgamation has taken a significant position in the late 2000s. From the era of Globalization, the Banking industry has seen many amalgamations both at International and National Level. In India, many amalgamations can be seen in the Banking Industry from 2005 to 2020.
During these fifteen years in South India concerning Karnataka, amalgamations in Regional Rural Banks (RRBs) have been seen at large. (T.P. Shashi Kumar, Rangaswamy, Kiran, 2013) Causing the decline in the number of RRBs and also giving the synergy benefit for the Governments and the sponsored banks.
The present study deals with this amalgamation which is seen in Karnataka having only two RRBs in the state. The study focuses on the point of stakeholders specially Customers and Employees.