Once the deal is effective, HDFC Bank will be 100% owned by public shareholders and existing shareholders of HDFC will own 41% of the bank, according to a filing Monday.
New Delhi: The country's largest housing finance company HDFC Ltd will merge with the country's largest private sector lender HDFC Bank, according to a...
None of the 34 banks Climate Risk Horizons analysed have assessed the resilience of their portfolios in the face of climate change. Only 2 have committed to stop funding new coal power plants.
It took over 31 years for Sensex to traverse from 1,000 points to the historic 60,000 level. The benchmark was at 1,000 points back in 1990 and it touched the 30,000 mark in 2015.
HDFC's retail loans grew around 9.3 per cent slower than its overall book's 14.4% in the June quarter, much lower than SBI (16.5%) & ICICI (20%) growth in that portfolio.
Despite being India’s most valuable lender, HDFC Bank so far hasn’t been able to exploit its strong balance sheet to make inroads into this competitive market.
RBI made it clear that the action is not intended to pronounce upon the validity of any transaction or agreement entered into by HDFC Bank with its customers.
What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.