As the transfer of inherited assets continues to grow, advisers will need to leverage digital channels to help beneficiaries better understand the transfer and investment process and how decisions will impact them.
Following the merger of HDFC and HDFC Bank on July 24 last year, HDFC Bank s market-cap was 82% higher than ICICI Bank. ICICI Bank was valued at ₹6.94 lakh crore then while HDFC Bank s market- cap stood at ₹12.66 lakh crore. On Monday, this gap was reduced to 41%, with HDFC valued at ₹11.49 lakh crore and ICICI Bank at ₹8.14 lakh crore.
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