HDFC Bank Announcement, Latest News on HDFC Bank - The Economic Times
6 days ago · Citi has reiterated its 'Buy' rating on HDFC Bank, setting a target price of Rs 1,990. HDB has filed for an IPO to meet mandatory listing requirements and raise capital for growth. HDB is a leading, diversified NBFC-UL with a strong AAA credit rating.
India's HDFC Bank completes $40 billion takeover of the country's ...
Jul 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 against...
HDFC Bank Live News Updates: HDFC Bank completes merger with HDFC …
Jun 30, 2023 · Housing finance major HDFC will merge with its subsidiary HDFC Bank on Saturday as their respective boards have cleared the proposal on Friday. Following the reverse merger, HDFC will cease to exist from July 1 onwards.
India's HDFC Bank at record high post HDFC-merger, among …
Jul 3, 2023 · Shares of India's HDFC Bank hit an all-time high on Monday after it completed its merger with parent Housing Development Finance Corp (HDFC) , entering the coveted list of the world's top 10...
HDFC Bank Merger Live: HDFC Leaps To 4th In World's Most …
Jul 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 Bank creates Indian lending behemoth in $40 billion deal
MUMBAI, April 4 (Reuters) - India's largest private lender HDFC Bank (HDBK.NS) is buying its biggest shareholder in a $40 billion deal, the country's biggest ever, creating a financial...
HDFC to merge into HDFC Bank on July 1, create India’s financial ...
Jun 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-HDFC Bank Merger Highlights: Completion of merger ... - Moneycontrol
Apr 4, 2022 · HDFC will acquire 41 percent stake in HDFC Bank through the merger, according to an HDFC Bank filing with the stock exchanges.
HDFC Limited And HDFC Bank Limited Announce a …
Apr 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 Ltd. to merge into HDFC Bank effective July 1, 2023
Mumbai, 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.