HDFC Bank has a presence in more than 3,000 cities/towns through its 6,342 branches, with about 50 per cent of these branches in semi-urban/rural geographies in the country. The day when the merger was announced, the shares of both the companies rose sharply, rallying as high as 11-14 per cent in intra-day trade. HDFC Twins Shares Fall on a Downtrend Since Announcement of Merger.