HDFC Bank-HDFC merger

MUMBAI: A $64 billion merger of two big Indian lenders is yielding almost no fees to financial advisers, highlighting investment bankers’ struggle for profits in the country.Housing Development Finance Corp’s all-stock merger into HDFC Bank…

<!-- -->All employees of HDFC Ltd as of the effective date become HDFC Bank employees. (File)New Delhi: Housing finance major HDFC will merge with its subsidiary HDFC Bank on Saturday as their respective boards have cleared the…

The proposed entity will have a combined asset base of around Rs 18 lakh crore. HDFC vice-chairman and CEO Keki Mistry said that the stock delisting of the corporation will be effective from July 13. The merger of housing…

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HDFC Bank-HDFC Merger: HDFC Bank and parent HDFC inched closer to the merger process as stock exchanges give thumbs up to their amalgamation scheme. HDFC Bank has received an observation letter with ‘no adverse observations’ from BSE and an…

New DelhiL India`s largest private lender HDFC Bank will merge with HDFC Ltd, the country`s largest housing finance company to create a financial services conglomerate. "The resulting larger balance sheet would allow underwriting of large…