HDFCs

Highly-rated finance firms and housing finance companies are expected to benefit from the absence of Housing Development Finance Corp (HDFC) from the bond market once it merges with the HDFC Bank in early FY24. Photograph: PTI Photo Post…

MUMBAI: Shareholders of HDFChave approved the merger of the housing finance company with its banking arm in an extraordinary general meeting (EGM) held on Friday. The outcome of the EGM held by HDFC Bank is likely to be disclosed on…

<!-- -->HDFC's Deepak Parekh said unusual measures were taken because of the unusual times.Mumbai: HDFC Chairman Deepak Parekh on Thursday said the largest pure-play home financier may face a compression of its Net Interest Margin…

MUMBAI: The HDFC-HDFC Bank merger will not impact margins as it would bring down the overall cost of funds. According to Keki Mistry, vice-chairman and CEO, HDFC, the group has not been able to communicate the merits of the merger. Mistry…