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MORTGAGE INDUSTRY MERGER
At Rs 6.84 lakh crore, HDFC Bank's home loan book closes gap with SBI'sHDFC Bank disclosed that its home loan book reached Rs 6.84 lakh crore in the December quarter, nearly catching up with SBI's Rs 6.94 lakh ...
HDFC Bank Q2 profit beats estimates, up at Rs 15,976 croreRetail spending is on a highway, promising strong growth and the bank would press the accelerator on branch expansion as it looks to bring ...
Bank credit growth surges to 19% in July due to HDFC-HDFC Bank merger impactThe merger of HDFC with HDFC Bank has led to a significant increase in credit growth figures for July, reaching 19% compared to 14.5% the p...
Insurance regulator relaxes norms for investments in HDFCIRDAI has said that the exemption will only be with respect to holdings of the respective insurers as on June 30, 2023, and will be scaled ...
HDFC Bank to become India's 2nd biggest companyThe merged entity will be India's second most valued company after Reliance Industries, which had a $210 billion market cap on Friday. Glob...
India's indigenous HDFC to seal place in top echelons of world's most valued banking spaceThe merger between HDFC Bank and Housing Development Finance Corporation (HDFC) will create a financial powerhouse and position the merged ...
Tata stock can replace HDFC in Nifty after merger with HDFC Bank in 2023Investors are expecting that after the joint entity of LTIMindtree can replace PSU refinery BPCL in the headline index. "As per our best un...
RBI had questions about home loan agreement between HDFC and HDFC BankThe regulator had been bringing up the issue of the unique agreement between HDFC and HDFC Bank over a period as it thought the arrangement...
HDFC twins see profit booking, emerge top Nifty losers todayThe selling on Tuesday comes after many analysts said the upside in the HDFC Bank stock will be limited.
What will HDFC-HDFC Bank merger mean for shareholders? Keki Mistry and Sashidhar Jagdishan explain“Lower cost of funds will be made available for the mortgage business. The bank will have access to the time tested mortgage origination an...
The HDFCs, a merger for championsThe logic for the merger, and earnings potential, become inescapable when HDFC Bank does not have to pay a premium over the market price fo...
Unleashing synergies: HDFC duo merger a benign deal of epic proportions!HDFC will benefit from the low-cost funds of HDFC Bank and its large branch network. HDFC Bank will benefit from the competence of HDFC in ...
Indiabulls Real Estate appoints KG Krishnamurthy as non-executive chairmanThe company has also appointed the former Managing Director & CEO of HDFC Property Ventures as an independent director on the board of the ...
SBI to go all out to capitalise on reviving home loan demandSBI has waived off processing fees for all home loans & will deploy 7,500 specialised ‘feet on street’ to market its home loans over and ab...
Bill to amend the Mines and Minerals Act introduced in Lok SabhaA Bill to amend the Mines and Minerals Act to include the provisions of allowing transfer of captive mines granted through procedures other...
Government clears proposal to amend MMDR ActGovernment cleared a proposal to amend the MMDR Act to allow transfer of captive mining leases not granted through auction.
- Countrywide BPO unit to merge with BankAm arm
There will be no job cuts in India after the merger. All Countrywide staff will be switched over to BankAm salary structure, said a source....