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HDFC merger News

17 Jul 2023

This Mumbai Man Started From A Chawl And Created Rs 4.14 Lakh Crore Company

Hasmukh Thakordas Parekh – the man who was the pioneer of Housing Finance in India - founded the Housing Development Finance Corporation in 1977.

01 Jul 2023

HDFC Bank Starts Rebranding HDFC Ltd Offices, Branches After Merger

Post-merger, HDFC Bank will become the fourth most valued lender in the world, and narrow the gap by asset size with state-owned SBI to be the second largest Indian bank. The total business of the merged entity stood at Rs 41 lakh crore at the end of March 2023. With the merger, the networth of the entity would be over Rs 4.14 lakh crore.

27 Jun 2023

India's HDFC, HDFC Bank Merger To Be Effective July 1 - Reports

Both companies will have separate board meetings on June 30.

27 Jul 2016

HDFC approves amalgamation of 5 subsidiaries into itself

Mortgage lender HDFC Ltd on Wednesday cleared the merger of five subsidiaries with itself, subject to various regulatory approvals.

21 Jul 2014

HDFC group says yet to consider merger plan

HDFC chairman Deepak Parekh Monday termed as premature the speculation about a merger between the mortgage major and its banking arm HDFC Bank but said that the entities may look at the possibility if it is a "win-win" situation.

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