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merger | HDFC Bank and HDFC Limited merger to be effective by July 1, proposal to be finalized on June 30

According to a Goldman Sachs note, the merged entity will be the 10th largest bank in the world and it will have an estimated market cap of $145 billion

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HDFC-HDFC Bank merger: The story behind success of housing finance behemoth

HDFC-HDFC Bank merger: In a press conference on June 27, HDFC's chairman Deepak Parekh said that the board of these two companies will meet on June 30 to finalise the merger and it will be effective on July 1

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HDFC Chairman Deepak Parekh to retire post HDFC-HDFC Bank merger

Vice-Chairman and CEO Keki Mistry and HDFC MD Renu Karnad will be board members of HDFC Bank. The effective date of the merger will be July 1.

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HDFC-HDFC Bank merger to be effective July 1, HDFC to be delisted July 13: Deepak Parekh

The boards of HDFC Bank and HDFC to meet on June 30 post-market hours to clear and approve the merger, said HDFC chairman

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HDFC-HDFC Bank merger: HDFC Bank to keep home loans as focus of growth strategy post-merger

The housing loan business will not function as a separate vertical, but HDFC's front-line staff will continue to lead growth in that product, while expanding offerings to other retail loans as well.

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