Mergers and acquisitions (M&A) play a crucial role in corporate strategy, especially in the banking sector, where they offer opportunities for growth, market expansion, and competitiveness. In India, M&As have become even more significant, particularly between 2006 and 2015, as the banking industry went through rapid transformation and consolidation. This period saw 23 major transactions that reshaped the sector, often driven by both domestic players and foreign banks adjusting to regulatory changes and increasing competition.