Housing Development Finance Corp. Ltd (HDFC) has tentatively scheduled its $40 billion mega-merger with HDFC Bank Ltd for 1 July, combining the country’s largest private sector lender with the ...

Post the merger, HDFC Bank will be 100% owned by public shareholders and existing shareholders of HDFC Limited will own 41% of HDFC Bank Livemint Updated 4 Apr 2022, 11:00 AM IST ...

The bank also got positive news from the Reserve Bank of India (RBI) last month which lifted the restrictions on HDFC bank’s Digital 2.0 programme on March 11, 2022. The bank can now roll out ...

HDFC Bank Ltd HDB disclosed the merger closure of HDFC Ltd., India's premier housing finance company, effective July 1, 2023.. As per the merger scheme, HDFC Bank will issue and allot to eligible ...

Since the merger is complete now, HDFC Ltd shareholders will hold 41 per cent in HDFC Bank. The bank will maintain a Swap Ratio of 25:42; so for every 25 shares of HDFC Ltd, 42 shares of HDFC Bank ...

HDFC on Monday said that its board has approved the merger of its wholly owned subsidiaries HDFC Investments Limited and HDFC Holdings Limited with HDFC Bank Limited.

Post merger, HDFC Bank will be 100% owned by public shareholders and existing shareholders of HDFC Limited will own 41% of HDFC Bank with combined balance sheet of Rs 17.87 trillion and Rs 3.3 ...

HDFC Bank shares closed 10% higher on Monday, giving the firm a market value of 9.18 trillion rupees ($121.66 billion), while HDFC Ltd surged 9.3% to a valuation of 4.85 trillion rupees.

HDFC Bank on Monday said it has got banking sector regulator RBI's nod for the merger proposal of its parent HDFC Ltd with itself. Touted as the biggest transaction in India's corporate history ...

HDFC an HDFC Bank merger has been in news for a while. In fact, back in 2015, HDFC Chairman Deepak Parekh had said his firm could consider a merger with HDFC Bank provided circumstances are in favour.

“The RBI has, vide its email dated June 16, 2023, advised HDFC Bank that it may hold the commercial papers that were issued till date by HDFC Limited, till their maturity, and that it shall not ...

India’s largest housing finance company HDFC Ltd will merge with country's largest private sector lender HDFC Bank to create a financial behemoth Jinit Parmar April 18, 2023 / 06:25 IST ...