Tag: Merger
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HDFC Bank Q4 Performance Shines with Soaring Advances Post-Merger
MUMBAI, April 4, 2024 – HDFC Bank’s stellar Q4 performance was driven by a remarkable surge in its lending portfolio following the merger with HDFC Limited in July 2023. The bank’s Q4 performance was characterized by a 55.4% year-on-year (YoY) growth in gross advances to ₹24.69 lakh crore as of March 31, 2024, up from ... -
Unlock The History of The Merger of HDFC and HDFC Bank
Deepak Parekh, the chairman of HDFC, announced at a press conference on June 27 that the board of these two businesses would meet on June 30 to finalize the merger, which will start on July 1st. The Housing Development Finance Corporation (HDFC), the largest housing finance company in India, and HDFC Bank, the largest lender ...