Following the merger, the combined balance sheet will be Rs 17.87 lakh crore and the net worth will be Rs 3.3 lakh crore, as of the December 2021 balance sheet. As of April 1, 2022, the market capitalisation of HDFC Bank was Rs 8.36 lakh crore (USD 110 billion) and that of HDFC Rs 4.46 lakh crore (U
Earlier on April 4, India's largest private lender HDFC Bank agreed to take over the biggest domestic mortgage lender in a deal valued at about $40 billion, creating a financial services titan.
Goenka stated that the Indian financial system is ready to explode with this merger just like the combine of Rohit Sharma and Virat Kohli in the cricketing world and Akshay Kumar and Ranvir Singh in the film industry.