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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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Merger Of HDFC And HDFC Bank Effective From July 1: Chairman Deepak Parekh

The merger of housing finance major HDFC with the country's largest private lender HDFC Bank will be effective from July 1, HDFC Chairman Deepak Parekh said today. ....

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FIIs halt 3-day selling spree, invests ₹2,024 crore in Indian stocks; DIIs sold ₹1,991 crore - 27 June trade

Foreign institutional investors ended their three-day selling streak and became net buyers with a robust inflow of over ₹2,024 crore, while DIIs booked profits with an outflow of over ₹1,991 crore in Indian stocks on Tuesday. HDFC-HDFC Bank merger updates lifted the spirit of the market. ....

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HDFC clarifies on tentative dates for completion of merger with HDFC Bank

HDFC has clarified that the tentative dates for its merger with HDFC Bank, reported as 1 July 2023 for the effective date and 13 July 2023 for the record date, are subject to completion of certain formalities beyond its control. ....

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HDFC buys 0.7% stake in HDFC Life Insurance for Rs 993 cr ahead of merger with HDFC Bank

The deal comes just days before the merger of HDFC with its banking subsidiary HDFC Bank. HDFC chairman Deepak Parekh on Tuesday said the merger will be effective July 1. ....

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