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Case Study of Merger of Global Trust Bank & Oriental Bank of Commerce

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Case Study of Merger of Global Trust Bank & Oriental Bank of Commerce
AUTHOR:P.A.STEEVEN RAJ. M.B.A., B.L., PGDHRDM steevenraj1963@yahoo.co.in
|DOING Ph.D. IN BUSINESS ADMINISTRATION IN |
|" AN ANALYSIS ON POST MERGER IMPACT ON BANKS OF INDIAN BANKING SECTOR " IN MADURAI KAMARAJ UNIVERSITY |
|TEACHING EXPERIENCE |
|ACADEMIC COUNSELLOR FOR M.B.A. IN INDIRA GANDHI NATIONAL OPEN UNIVERSITY |
|MADURAI KAMARAJ UNIVERSITY |
|BHARATHIDASAN UNIVERSITY |
|ICWA IN MADURAI CHAPTER OF ICWA |

CO-AUTHOR : DR.PC.SEKAR. M.Com., M.B.A., Ph.D. drpcsekar@gmail.com
MANAGEMENT COORDINATOR,DDE, MADURAI KAMARAJ UNIVERSITY

ABSTRACT:
This case study discusses the financial impact of the merger between
Global Trust bank & Oriental bank of Commerce in detail.

Case study of merger of Global Trust bank & Oriental bank of Commerce
INTRODUCTION:
In the present financial scenario in India it was not only the mercury level hovering around 10000 in 2009 in the share market but also the activities of mergers & acquisitions were notching up in the business sector. This can be realized by the fact that the no of mergers in the year of 2007 has exceeded 867 and the amount involved is more than $38.32 billion which is more than $28.17 billion involved in the year 2006. Even though the no. of mergers in the banking sector is not much till date as inferred from the statistics , i.e. there
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