Funding remains biggest risk to merger, says HDFC Bank MD

Funding remains biggest risk to merger, says HDFC Bank MD

(This story originally appeared in on Aug 11, 2023) Funding is the biggest risk to the HDFC Bank and HDFC merger, Sashidhar Jagdishan, the private lender’s MD, said on Friday. HDFC Bank has been on an overdrive to accrue deposits to provide cover for the liabilities arising out of the merger that now includes the … Read more

Foreign Investmentmay Rise In Hdfc Bk

Foreign Investmentmay Rise In Hdfc Bk

(This story originally appeared in on Apr 05, 2022) Mumbai: The proposed HDFC Ltd and HDFC Bank amalgamation will involve HDFC Investments and HDFC Holdings merging with the parent mortgage company. Subsequently, HDFC will merge with its banking arm, resulting in all group companies becoming direct subsidiaries of HDFC Bank. Besides the bank, HDFC is … Read more