International Research Journal of Education and Technology

Mergers in the banking sector are becoming increasingly popular strategy to acquire weak banks and improve their business capabilities while also grabbing a large share of the competitive market.The State Bank of India, India's most popular public sector bank, has also seen such merger, especially with its subsidiary banks to reap the synergistic benefits of the merger and acquisitions. SBI's almost recent consolidation with its five subsidiary banks and Bharatiya Mahila Bank, which took place on April 1, 2017, is the focal topic of this study, with the goal of examining the impact of consolidation on this major bank's performance , analysing via the of the CAMELS framework. The study's findings reveal that the State Bank of India has failed to reap the benefits of merger since it has taken over its own affiliate banks, which have substantial non-performing assets. Capital adequacy ratios show no significant gains in the post-merger period. Similarly, the bank has been unable to enhance the quality of its assets. All management efficiency measures, with the exception of Business per Employee, have not received considerable momentum. The bank's overall earning potential and liquidity have also suffered as a result of the merger. Overall, it can be concluded that the merger has had no substantial impact on SBI's financial performance, at least in the short term.

KEYWORDS: Mergers& Acquisitions, Financial Performance, CAMELS Framework, Banking Sector, State Bank of India