HDFC Bank CEO Sashidhar Jagdishan assured a strong comeback for India’s largest private-sector bank post the merger with the housing finance company HDFC, despite 'markets not liking it'.
Mortgage lender HDFC Ltd is all set to merge with HDFC Bank. Under the terms of the deal, which is one of the biggest in the Indian financial sector, HDFC Bank will be 100% owned by public ...
HDFC Bank's deposit base exceeded its advances for the first time following the merger with its parent housing finance company in July 2023. Deposits grew by 15.8% year-on-year, primarily through ...
HDFC Bank's MD and CEO Sashidhar Jagdishan said the lender was "not apologetic" about the merger, despite the challenges that have emerged. Jagdishan acknowledged the bank was undergoing an ...
All eyes are on HDFC's merger with HDFC Bank, analysts said. "Merger narrative will drive stock price. Historically, entities that are merged have traded at a discount to the merger ratio.
Prior to the merger, its CD ratio was at 85% and lender had maintained the ratio at 85-87% over a long period. HDFC Bank will take a couple of years to bring its credit-deposit (CD) ratio down to ...
The merger between HDFC Bank and HDFC is expected to complete by July 2023. The third largest private non-life insurer, on a standalone basis, had closed fiscal 2017 with a total premium of Rs ...
HDFC Bank's impressive performance ... including tightened liquidity in the system, since the merger for the lack of improvement in the bank’s margins and efficiency ratios.
Notably, analysts at Motilal Oswal highlighted that, Gruh - Bandhan merger ... region. HDFC could monetize its investment in GRHF at a very attractive valuation (13.3x Trailing BV). Post deal, HDFC ...
HDFC acquired a 51% stake in health insurer Apollo Munich for Rs 13.36 billion. It will merge with general insurance ... including National Housing Bank (NHB), Insurance Regulatory and Development ...