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On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [25] [26] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
[7] [8] The worst hit banks included the State Bank of India , ICICI, HDFC, YES Bank and Axis Bank among others. The breach went undetected for 6 weeks and banks were alerted only after several international banks reported fraudulent use of cards in China and the United States while the customers were in India. SBI blocked and reissued 600,000 ...
Cash App customers may be able to claim more than $2,500 each as part of a $15 million class-action settlement for data and security breaches at the mobile payment service.
1971 The State Bank of Bangladesh was founded by nationalization of the private shares in the eastern section of the State Bank of Pakistan. [4] 1972-1974 Through this three years period after independence of Bangladesh in 1971, the government had taken over 786 industrial undertakings. Included in this number, the government nationalized 245 ...
A section on the bank article will be more than enough. SunDawn (contact) 13:05, 18 January 2024 (UTC) Agree with the merger Skratata69 06:29, 19 March 2024 (UTC) Agree, the merge should be done. I just did a prelim NPP review and IMO not suitable for a separate article. North8000 21:24, 1 May 2024 (UTC)
Screenshot of a typical SMS Banking message on a mobile screen. SMS banking is a form of mobile banking.It is a facility used by some banks or other financial institutions to send messages (also called notifications or alerts) to customers' mobile phones using SMS messaging, or a service provided by them which enables customers to perform some financial transactions using SMS.
Kevin Spacey testified in a New York courtroom Monday that he never made a sexual pass at the actor Anthony Rapp, who has sued, claiming the Academy Award-winning actor tried to take him to bed ...
In May 2021, Housing Development Finance Corporation (HDFC), entered into a share purchase agreement for the sale of 44,12,000 equity shares of Rs. 10 each, representing 0.62% of the issued and paid-up share capital of HDFC ERGO, in accordance with the direction of Reserve Bank of India to reduce its shareholding in the latter to 50% or below ...