Exclusive | HDFC Bank top brass batted for merger with HDFC as early as November - Moneycontrol

5/9/2022 12:00:00 AM2 years 11 months ago
by Dinesh Unnikrishnan
by Dinesh Unnikrishnan
Bank cited the potential benefits of the merger to the parent, primarily access to a booming mortgage lending market. It was assessed that the conditions for the merger are more conducive now compared to before.
HDFC Bank took the initiative for the mega merger with parent Housing Development Finance Corporation (HDFC) as early as November 2021 approaching the latter with a proposal. This was after a top-lev… [+4281 chars]
full article...