merger means when two or more company combined with each other and either make a single entity or one company lose its entity and other company continued his business. Typically we can say that, the larger of the two companies is the company whose identity is maintained. Differs from a consolidation in that no new entity is created from a merger. e.g.: SBI and State Bank of Indore Recent Merger In Bank
- HDFC Bank Acquires Centurion Bank of Punjab May '08
- Banks Merged with Period United Western Bank IDBI Bank 6-Sep
- Lord Krishna Bank with Centurion Bank 6-Aug
- Ganesh Bank of Kurundwad with the Federal Bank 6-Jan
- Bank of Punjab with Centurion Bank 5-Sep
- IDBI Bank IDBI Limited 5-Apr
- Global Trust Bank with Oriental Bank of 4-Jul
- Commerce Nedungadi Bank with Bank of Punjab 2-Nov
- Benares State Bank with Bank of Baroda 2-Jun
- ICICI Limited with ICICI Bank 2-Jan
- Times Bank with HDFC Bank Feb-00
- Sikkim Bank with Union Bank Dec-99
- Bareilly Corporation Bank with Bank of Baroda Jun-99