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Mortgage lender HDFC announces merger with HDFC bank

Mortgage lender HDFC announces merger with HDFC bank : Rashtra News #Mortgage #lender #HDFC #announces #merger #HDFC #bank Mortgage lender HDFC on Monday announced that it will merge with HDFC Bank, with a share merger ratio of 42 shares of HDFC Bank to 25 shares of HDFC. The proposed transaction will enable HDFC Bank to ....

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HDFC Bank posts Rs 17,257 crore profit for Q4; sets aside Rs 10,900 crore floating provisions

HDFC Bank s consolidated net profit for FY24 came at 64,060 crore ....

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HDFC Bank Q4 Net Profit Grows To Rs 17,622 Crore

The gross non-performing assets ratio came at 1.24 percent. ....

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Shrinking margins to keep private banks on the leash in Q4

While some banks are projected to gain from relaxation in RBI guidelines related to AIF exposure, the impact on aggregate performance is limited ....

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Mufg stake in hdfc: ET Exclusive: Japan's MUFG set to pick 20% stake in HDFC Bank arm HDB Financial for $2 bn

Bank of Tokyo-Mitsubishi UFJ (MUFG) is set to buy a 20% stake in HDB Financial Services, a non-banking subsidiary of HDFC Bank, at a valuation of $9-10 billion. The decision is expected to take place next week at the HDFC Bank board meeting. The deal is expected to be among the largest deals in the shadow banking space in India. HDFC Bank owns 95% of the shadow bank, while employees own 5% as ESOPs. ....

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