FINANCIAL PERFORMANCE ANALYSIS OF MERGER BANK IN INDIA-AN EAGLE MODEL APPROACH

Abstract

This study employs an EAGLE Model to investigate the performance of selected Indian companies before and after a merger. For the study, the Union Bank of India was the only bank taken into account. In the current study, the pre-merger period is defined as the three years from 2017 to 2020, and the post-merger period is defined as the three years from 2021 to 2023. The EAGLE model is a reliable and efficient method for looking at and assessing bank performance. Multiple ratios have been constructed to study each major variable and assess performance using the EAGLE model. The results of this study show that the earning capacity of Union Bank of India increased. due to its high dividend payment ratio and return on assets. The asset quality has declined, as seen by the Union Bank of India. Both enhancing asset quality and reducing non-performing assets are initiatives for Union Bank.