Echoing this sentiment, HDFC Bank Chairman Atanu Chakraborty described the merger as one of the most significant and complex in Indian corporate history, reinforcing the bank's pathway to future ...
The Indian corporate ecosystem was treated to a historic event on July 1, 2023, when HDFC Bank and Housing Development Finance Corporation (HDFC) concluded a merger valued at a staggering $40 billion.
When asked if further mergers of public sector banks were ... Syndicate Bank with Canara Bank; Allahabad Bank with Indian Bank; and Andhra Bank and Corporation Bank with Union Bank of India ...
Mumbai, IDFC First Bank on Monday announced merger of its parent IDFC Ltd with itself in an all-stock transaction, marking another major deal in the Indian banking space days after the ...
Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidiary IDFC First Bank. The boards of IDFC First Bank and IDFC have approved the reverse merger in July.