HDFC Bank closes its merger with former parent company HDFC. There are clear scale economies here long term, but in the initial phases of integration, expect some P&L headwinds. The stock has de-rated ...
HDB's share price initially dropped by -25% in the one month after it proposed a merger with HDFC Limited. HDFC Bank's trailing price-to-tangible book and consensus forward P/E multiples have also ...
MUMBAI, May 25 (Reuters) - The HDFC-HDFC Bank Ltd HDBK.NS, HDFC.NS merger is just 4-5 weeks away and would result in lower net interest margin (NIM) for the lender this year, brokerages said on ...
MUMBAI, April 21 (Reuters) - The Reserve Bank of India (RBI) has allowed HDFC Bank Ltd HDBK.NS and Housing Development Finance Corp Ltd (HDFC) HDFC.NS selective regulatory relief to smooth out the ...
HDFC Bank's planned merger with its parent HDFC will make the bank twice the size of ICICI Bank, while bolstering market share and diversifying revenues, S&P Global Ratings said on Monday. In the ...
The merger between India's HDFC Bank and the Housing Development Finance Corporation (HDFC) will increase the entity's customer base and provide more opportunities for cross-selling, the non-executive ...
HDFC Bank's earnings growth is likely to converge with ICICI Bank by FY28, helping the former achieve premium valuation over the latter, Emkay Global said ...
The merger between HDFC, a major housing finance company, and HDFC Bank, the country’s largest private lender, will take effect on July 1. Speaking to the Times of India, HDFC Chairman Deepak Parekh ...
MUMBAI, June 23 (Reuters) - The merger of Housing Development Finance Corp (HDFC.NS), opens new tab and HDFC Bank (HDBK.NS), opens new tab is set to shake up the debt fundraising market for non-bank ...
MUMBAI, July 3 (Reuters) - Shares of India's HDFC Bank (HDBK.NS), opens new tab hit an all-time high on Monday after it completed its merger with parent Housing Development Finance Corp (HDFC) ...
Housing Development Finance Corp., India’s largest mortgage financier, merging into HDFC Bank Ltd. is likely to lead to a drop in borrowing costs in the rupee bond market, a senior official at the ...
The merger between India's HDFC Bank and HDFC will provide more opportunities for cross-selling, according to HDFC Bank's non-executive director. HDFC Bank is now able to offer a "bouquet of other ...