A dynamic alternative has developed in corporate finance through reverse mergers, which enable private businesses to obtain public status without conducting traditional initial public offerings. A ...

MUMBAI: Despite a sharp deterioration in the asset quality in its agri book, HDFC Bank has reported street-beating numbers, earning Rs 16,736 crore in net incom ...

Indian banks have consistently reported double ... to 12.2% in November from 22.4% a year ago, excluding the HDFC Bank merger impact, while growth in outstanding credit card debt dropped to ...

India’s ministry of corporate affairs announced that any merger between a foreign holding company and its wholly owned Indian subsidiary would only require approval from the Reserve Bank of India.

After the merger, the bank's loan-to-deposit ratio rose to around ... Overall loan growth for Indian banks moderated for a fifth straight month in November, as lenders continued to rein in ...

Indian Hotels Co., DLF, Bank Of India and Ramkrishna Forgings are some of the other stocks that will be on the radar on ...

The merger took place to provide better and more ... Amitabh Chaudhry, the CEO of Axis Bank, is the second highest-paid Indian bank CEO. The bank partnered with the digital banking enterprise ...

Deposits rose 4.2% to 24.53 trillion Indian rupees ($286.03 billion ... officer said on Saturday. The bank's LDR was at around 86-87% prior to its merger with parent Housing Development Finance ...

After the merger, the bank's loan-to-deposit ratio rose to around 110% ... billion rupees of loans "as a strategic initiative", it said. Overall loan growth for Indian banks moderated for a fifth ...

Notably, BoB has made history with the first-ever three-way merger alongside Dena Bank ... Rs1,756 crore in the same period last year. Indian Overseas Bank (IOB), a prominent public sector bank ...