Bank mergers have benefited both the acquirer and the acquired, according to a report by Reserve Bank of India researchers. While the transactions have helped improve the efficiency of the acquirer banks, they have added to shareholder value for banks that have been acquired.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-mergers-have-benefited-the-sector/articleshow/98103842.cms
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