India’s HDFC Bank completes $40 billion takeover of the ... - CNBC
WEBJul 3, 2023 — India’s largest private lender HDFC Bank has completed its merger with Housing Development Finance Corporation, the country’s biggest mortgage lender, in a deal that pits the new entity ...
HDFC to merge into HDFC Bank on July 1, create India’s financial ...
WEBJun 30, 2023 — The boards of Housing Development Finance Corp and HDFC Bank on Friday approved July 1 as the effective date of the two financial behemoths' $40 billion merger, the largest in India's corporate...
HDFC Bank Announcement, Latest News on HDFC Bank - The Economic Times
WEB2 days ago — HDFC Bank Ltd, a major private sector bank, faced selling pressure after a breakout in September 2024. Despite reaching an intraday high of Rs 1787.90, it remains above crucial support levels. Experts suggest short-term traders consider buying for a potential rebound toward July highs.
HDFC Bank flags hit to asset quality, margins post merger; shares …
WEBBENGALURU, Sept 20 (Reuters) - India's top private lender HDFC Bank (HDBK.NS) has warned that its merger with HDFC Ltd would hit key financial metrics including its margins and bad loan ratios,...
India's HDFC, HDFC Bank merger to be effective July 1
WEBJun 27, 2023 — Housing Development Finance Corporation (HDFC) and HDFC Bank are working towards completing the merger of the two financial behemoths by July 1 and may set July 13 as the record date for...
HDFC Bank Merger Live: HDFC Leaps To 4th In World's Most …
WEBJul 1, 2023 — HDFC Bank on April 4, 2022, agreed to take over its parent, which is the largest pure-play mortgage lender, in a $40-billion all-stock deal, creating a financial services titan with a combined...
HDFC Ltd. to merge into HDFC Bank effective July 1, 2023
WEBMumbai, June 30, 2023: HDFC Bank, India’s leading private sector bank, today announced the successful completion of merger of HDFC Ltd., India’s premier housing finance company with and into HDFC Bank, following the receipt of all requisite shareholder and regulatory approvals.
HDFC-HDFC Bank merger effective from July 1, says chairman …
WEBJun 27, 2023 — The merger of Housing Development Finance Corporation (HDFC) and HDFC Bank will be effective from July 1, said HDFC chairman Deepak Parekh on Tuesday. HDFC’s vice-Chairman and CEO Keki Mistry said the delisting of the company’s stock will be effective from July 13.
HDFC Limited And HDFC Bank Limited Announce a …
WEBApr 4, 2022 — HDFC Bank will enable seamless delivery of home loans and leverage on the large base of over 68 million customers of HDFC Bank and inter alia improve the pace of credit growth in the economy. The proposed transaction is to create a large balance sheet and net-worth that would allow greater flow of credit into the economy.
HDFC-HDFC Bank Merger to Close Soon, Record Date Awaited
WEBJun 13, 2023 — The merger of India’s most valuable lender and the nation’s largest mortgage financier to create what could be the world’s fifth-most valuable bank is inching closer to completion, with just ...