Posted inIndia

India’s HDFC and HDFC Bank plan a mega-merger

India’s leading mortgage financier the Housing Development Finance Corporation (HDFC) and the largest privately-owned bank HDFC Bank have planned the biggest merger in India’s corporate history. The merger could take in 12-14 months as it needs to get several regulatory approvals, and it will create a banking behemoth. Interestingly, HDFC set up the bank in […]