Banking Central | What does a bigger HDFC Bank mean for its closest rival? - Moneycontrol

SBI has enjoyed a monopoly over Indian banking since 1955 but that’s about to change following HDFC Bank's merger with HDFC. With an asset book of Rs 17.86 trillion, not too far from SBI’s Rs 26.64 trillion, HDFC Bank can challenge the state-owned lender's do…

Indias biggest private lender HDFC Bank is set to become even biggerboth in terms of assets and market valuation. After its merger with the parent, mortgage lender Housing Development Finance Corpor… [+2719 chars]

full article...