Journal Press India^®

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Banks are playing vital role in the economic development of the country and are the most dominant segment of the financial sector. Without a sound banking no country ever have a good and healthy economy. Therefore banks and economic development are co-related. Banks are predominantly focusing on the saving, investment, growth, revenue generation, wealth management, currency exchange etc. which are utmost needed for the economy of the country. Now a day’s many of the banks are merging in the country as per RBI guidelines and norms. The purpose of the present paper is to the study of Impact of merging of banks on employees and customer living. Primary data collection techniques are adopted detailed questionnaire is prepared and floated among various bank employees and the customer. Analysis is done and interpretation is written based on the collected data. Hypothesis is formulated accordingly, used Chi-sqaure test for the calculation of level of significance. Finally it has reached to the conclusion that employees are happy about merger and customers are unsatisfied.

Keywords

Saving; Investment; Revenue

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