Title:
BANKING COMPANY: DUE LEGAL PROCEDURE OF MERGERS & ACQUISITIONS IN INDIA

Authors:
Dr. Atal Kumar

Abstract:
The Banking Structure is the primary element of any country’s economy. Development and advancement in the banking area prompt the advance of the other corporate sectors. Our Banking sector is accomplishing constant development which is one of the utmost astonishing features.
The commitment of the Banks in setting up and also keeping up a global economic status is important. Several transformations familiarized after nationalization like private banking had a noteworthy impact on the overall banking scenario in the nation. The development in the quantity of private banks and the accessible opportunity for banking organizations in the nation has likewise influenced the way business is directed all-inclusive clearing path for Foreign Private Banks additionally to enter in India.
Indian Financial institutions are intermediaries that mobilize savings and facilitate allocation of funds in an efficient manner. The Indian financial system was quite well developed even prior to India’s political independence in August 1947. Both foreign and domestic banks were present and so was a well-developed stock market.