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HDFC Bank had earlier received RBI’s approval to acquire up to 9.5 per cent stake each in six lenders – Axis Bank, Suryoday Small Finance Bank, ICICI Bank, Bandhan Bank, Yes Bank, and IndusInd Bank – for a period of one year till February 4, 2025.
Stocks to watch on June 28, 2023: HDFC said the announced dates for its merger into HDFC Bank are tentative and subject to completion of certain formalities; JSW Steel could replace HDFC in Nifty50
The merger of housing finance major HDFC with HDFC Bank, the country's biggest private lender, will come into effect on July 1, according to HDFC Chairman Deepak Parekh.
HDFC Credila: The buyer consortium valued HDFC Credila at a pre‐money valuation of Rs 10,350 crore and will infuse primary proceeds of Rs 2,000 crore into the company, HDFC said in a BSE filing.
IDFC Ltd Share price NSE, BSE today: check share/stock price of IDFC, get live NSE/BSE stock price of IDFC Ltd with financial reports, peer comparisons, stock performance, about company, shareholding pattern, SWOT analysis on Business Today.