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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. [23] [24] 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.
The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.
Axis Bank: 28 June 2021 Navi Mumbai Municipal Transport: Navi Mumbai City Bus Transit system Partial - 25% of routes March 2019 [48] NMMT began rolling out NCMC across all routes in August 2022. [49] Nagpur: Maharashtra Metro Rail Corporation Limited: Nagpur Metro: Nagpur Metro Maha Card: State Bank of India: Pune: Pune Metro: One Pune Card ...
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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 ...
AMAZON.COM (AMZN): Free Stock Analysis Report. This article Move Over 'Rage Applying' And 'Quiet Quitting,' 2025 Will Be The Year Of 'Revenge Quitting' originally appeared on Benzinga.com
The U.S. military took custody of American Travis Pete Timmerman and flew him from Syria to Jordan on Friday, a U.S. official told ABC News. "Following the fall of the Assad regime, Travis ...
The Palisades Fire ignited around 10:30 a.m. local time on Tuesday, Jan. 7, and has grown to over 15,000 acres. There are currently multiple wildfires burning throughout the Los Angeles area, and ...