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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.
HDFC may refer to: Housing Development Finance Corporation, an Indian mortgage company; HDFC Bank, an Indian financial services company; HDFC Life, a joint venture of ...
HDFC Bank sought permission from regulators to merge with its parent HDFC and merged. This led to a lot of probable capital holding violations for which the combined entity was given a year to bring under statutory limits. Before the merger, HDFC swapped its group company Gruh Finance to Bandhan bank for a 15% stake in its combined capital.
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LONDON — The royal family paid tribute Saturday to the British man killed in the New Orleans truck-ramming attack, a 31-year-old who was the stepson of Prince William and Prince Harry’s former ...
Tesla pledged to keep fighting for Elon Musk's $56 billion pay to be restored, a battle that could make it all the way to the highest US court.
The HDFC was established under the National Housing Act No. 37 of 1957 and it commenced operations in June 1984. [4] The Housing Development Finance Corporation of Sri Lanka Act No. 7 of 1997 passed in the parliament of Sri Lanka. Under the act, the HDFC was established as a state-owned enterprise. The act was amended in 2003, allowing the HDFC ...
The Philadelphia Eagles will have to roll without Jalen Hurts in Week 17.. In a Friday news conference, Eagles head coach Nick Sirianni said the starting quarterback was still in concussion ...
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