Demand of the question Introduction. Contextual Introduction. Body. Positive and negative impact of bank mergers. Conclusion. Way forward. It is said that efficiency of an institution depends upon its size, but it’s not always true. A lot of factors determine efficiency of an institution. Same is applicable to banks. In India Public Sector Banks (PSBs) … Continue reading [Answered] “The correlation between size and efficiency can not be fully established.” In light of this critically analyse the outcome of Merger of banks.