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HDFC Bank closes its merger with former parent company HDFC. There are clear scale economies here long term, but in the initial phases of integration, expect some P&L headwinds. The stock has de ...
Despite a historic merger, NBFC crises, and intensifying competition, HDFC Bank has continued to report double-digit profit ...
The historic merger of the country's largest private sector bank, HDFC Bank, and mortgage lender, Housing Development Finance Corporation (HDFC), has become effective from today (July 1).
HDB's share price initially dropped by -25% in the one month after it proposed a merger with HDFC Limited. HDFC Bank's trailing price-to-tangible book and consensus forward P/E multiples have also ...
MUMBAI, June 23 (Reuters) - The merger of Housing Development Finance Corp (HDFC.NS), opens new tab and HDFC Bank (HDBK.NS), opens new tab is set to shake up the debt fundraising market for non ...
BENGALURU, Sept 20 (Reuters) - India's top private lender HDFC Bank (HDBK.NS), opens new tab has warned that its merger with HDFC Ltd would hit key financial metrics including its margins and bad ...
HDFC shares will be delisted on 13 July. HDFC and HDFC Bank’s merger will be effective from 1 July onwards. HDFC shares will stop trading and be delisted from the bourses on 13 July. Prior to ...
This steep decline follows a downgrade by Nomura Holdings (NYSE:NMR) Inc., which was prompted by a revision in the bank's business valuation post its merger with parent company, HDFC Ltd., in July.
While global brokerage firm Nomura had downgraded HDFC Bank citing merger-related stress points, Jefferies has retained a buy call on the stock with a target price of Rs 2,030. "After having ...
MUMBAI, May 25 (Reuters) - The HDFC-HDFC Bank Ltd HDBK.NS, HDFC.NS merger is just 4-5 weeks away and would result in lower net interest margin (NIM) for the lender this year, brokerages said on ...
The The National Company Law Tribunal (NCLT) on Friday has approved the merger of HDFC and HDFC Bank. HDFC Ltd has already received approvals from Reserve Bank of India, Securities and Exchange ...
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