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How HDFC group stitched together a mega merger

The mega merger of mortgage lender Housing Development Finance Corp. Ltd and HDFC Bank Ltd did not just take investors by surprise; it came as an even bigger shock for most of the 105,500 employees of the two companies despite being in the works for eight weeks ....

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'Deal  will  raise  profitability'

Deepak Parekh, chairman of HDFC, talks about the reasons behind exploring the mega-merger of the mortgage financier with India’s largest private lender, HDFC Bank, and what the merger will mean for the entities ....

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