News

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 ...
Once the merger is completed on July 1, HDFC Ltd shareholders will hold 41% in HDFC Bank. The bank will maintain Swap Ratio of 25:42, so for every 25 shares of HDFC Ltd, 42 shares of HDFC Bank will be ...
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.
The merger has created the biggest private-sector lender in India. HDFC Bank is now ranked at the fourth position in terms of equity market capitalisation, only behind bigwigs like JPMorgan Chase ...
HDFC Bank said deposits are being lifted by its mega-merger with Housing Development Finance Corp., as more customers open savings accounts with India’s largest private sector bank to route ...