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HDB Financial Services, backed by HDFC Bank, is launching its IPO on Wednesday, aiming to raise Rs 12,500 crore. The IPO, ...
HDFC Bank Ltd , India’s biggest private lender, is comfortably placed to meet reserve ratio requirements post its merger with parent HDFC Ltd , even as it awaits a final view from the central ...
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 ...