DATA OF IMPACT OF MERGER ON THE FINANCIAL PERFORMANCE OF SBI

The present exploratory study is based on secondary data collected from the finncial reports of State Bank of India (SBI). The collected data was examined by applyimg ratio analysis using CAMEL framework. This ratio analayis was performed in pre and post merger period of SBI separately. The pre-merger period in the current study includes a period of 4 years (financial year 2013-14 to 2016-17) succedding year 2017 in which the associate banks were merged with SBI.While the post-merger is also of four years (financial year 2018-19 to 2021-22). The compaartive analysis of the financial peformance of SBI in Pre-Merger Period and Post-Merger Period, was performed with the help of Paired T Test on the ratios representing different indicators of the CAMEL model. Table-1 CAMEL Framework CAMEL Framework Indicators of Financial Performance with Abbreviations Capital Adequacy Measures 1. Capital Adequacy Ratio (CAR) 2. Total Equity Ratio (TER) Asset Quality Measures 3. Gross NPA Ratio (GNPAR) 4. Net NPA to Net Advance Ratio (NNPP TO NAR) 5. Provision Coverage Ratio (PCR) Management Capability measures 6. Slippage Ratio (SR) 7. Cost to Income Ratio (CIR) 8. Cost to Asset Ratio (CtoAR) 9. Operational Profit to Income Ratio (OPIR) 10. Asset to Turnover Ratio (ATR) Earnings Measures 11. CASA Ratio 12. Return on Asset Ratio (RAR) 13. Return on Equity Ratio (RER) 14. Gross Profit Margin Ratio (GPMR) 15. Net Profit Margin Ratio (NPMR) 16. Net Interest Margin Ratio (NIMR) Liquidity Measures 17. Liquid assets to deposit-borrowing ratio (LADST) 18. Net Loans to total asset ratio (NLTA) 19. Net loans to deposit and borrowing (NLDST)

本探索性研究基于从印度国家银行（State Bank of India, SBI）财务报告中采集的二手数据。所获数据通过采用CAMEL框架（CAMEL framework）的比率分析法开展检验。本次比率分析分别针对印度国家银行合并前与合并后两个阶段单独进行。本研究中的合并前阶段为附属银行并入印度国家银行的2017年之前的4个财年（2013-14财年至2016-17财年），合并后阶段同样为4个财年（2018-19财年至2021-22财年）。

本研究借助配对t检验，对代表CAMEL模型不同维度指标的比率展开分析，以对比印度国家银行合并前后的财务表现。

表1 CAMEL框架
CAMEL框架财务绩效指标及缩写说明：
一、资本充足性指标（Capital Adequacy Measures）
1. 资本充足率（Capital Adequacy Ratio, CAR）
2. 总股权比率（Total Equity Ratio, TER）
二、资产质量指标（Asset Quality Measures）
3. 不良贷款总额比率（Gross NPA Ratio, GNPAR）
4. 不良贷款净额与净放款比率（Net NPA to Net Advance Ratio, NNPP TO NAR）
5. 拨备覆盖率（Provision Coverage Ratio, PCR）
三、管理能力指标（Management Capability Measures）
6. 贷款迁徙率（Slippage Ratio, SR）
7. 成本收入比（Cost to Income Ratio, CIR）
8. 成本资产比（Cost to Asset Ratio, CtoAR）
9. 营业利润收入比（Operational Profit to Income Ratio, OPIR）
10. 资产周转率（Asset to Turnover Ratio, ATR）
四、盈利性指标（Earnings Measures）
11. 活期存款与储蓄存款比率（CASA Ratio）
12. 资产收益率（Return on Asset Ratio, RAR）
13. 净资产收益率（Return on Equity Ratio, RER）
14. 总毛利率（Gross Profit Margin Ratio, GPMR）
15. 净利润率（Net Profit Margin Ratio, NPMR）
16. 净息差（Net Interest Margin Ratio, NIMR）
五、流动性指标（Liquidity Measures）
17. 流动性资产与存款-借款比率（Liquid assets to deposit-borrowing ratio, LADST）
18. 净贷款与总资产比率（Net Loans to total asset ratio, NLTA）
19. 净贷款与存款及借款比率（Net loans to deposit and borrowing, NLDST）