HDFC Bank Ltd, India s biggest private lender, is comfortably placed to meet reserve ratio requirements post its merger with parent HDFC Ltd, even as it awaits a final view from the central bank. | April 18, 2023
HDFC Bank Ltd, India's biggest private lender, is comfortably placed to meet reserve ratio requirements post its merger with parent HDFC Ltd, even as it awaits a final view from the central bank on requests for forbearance, three sources said.
The $40 billion merger of HDFC Bank and HDFC, announced last April, is expected to conclude by July, HDFC Bank's Chief Financial Officer Srinivasan Vaidyanathan told analysts at a conference call on Saturday.
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