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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. [24] [25] 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.
Learn how to download and install or uninstall the Desktop Gold software and if your computer meets the system requirements.
CAMS was founded in early 1988 by V Shankar working in software development and computer education. During Y2K, CAMS pivoted to domestic financial services. The Indian financial services industry experienced a renaissance in the period 1997/8-2006/7, with changes in regulation, products, and supporting infrastructure. Financial businesses ...
HDFC holds 26.14% of shares in HDFC Bank. HDFC Bank sources home loans for HDFC for a fee. [22] The key business areas of HDFC Bank are wholesale and retail banking and treasury operations. As of April 2023, its market capitalisation was ₹ 941,386 crore (US$110 billion), making it India's third largest publicly traded company. [23]
The ET Money secured 2.5 million app downloads in 2017. [2] It processed over 2 crore investment orders and registered a ₹ 500 crore sales in the mutual fund within two years of its launch. It had more than 4 million users on its app, as reported in 2018. [3] It currently has more than 5 million app downloads on the Google Play store as of ...
Zafin completed a customized pricing system for ZKB in 2008. The complexity of the integration, which resulted in allowing ZKB to perform relationship-based pricing for large customers in real time, was featured in an academic text, "Management von Integrationsprojekten: Konzeptionelle Grundlagen und Fallstudien aus fachlicher und IT-Sicht", [14] edited by Dr. Robert Winter of the University ...
Oracle Financial Services Software – Bagmane Tech Park, Bangalore Oracle purchased Citigroup's 41% stake in i-flex Solutions for US$593 million in August 2005, [5] a further 7.52% in March and April 2006, and 3.2% in an open-market purchase in mid-April 2006.
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