HDFC’s merger with HDFC Bank is the third in a series which started in 2020. Here is the story of the first merger. In the…
Indian Economy & Finance Blog by Tamal Bandyopadhyay
HDFC’s merger with HDFC Bank is the third in a series which started in 2020. Here is the story of the first merger. In the…
On February 26, 2000, Times Bank Ltd merged with HDFC Bank Ltd. It was the first friendly merger in the Indian banking space and the…
This is the story of early days of HDFC and the birth of HDFC Bank. As they merge to create the world’s most valued lender,…
Hong Kong-headquartered BPEA EQT is acquiring HDFC Credila Financial Services Ltd, owned by Housing Development Finance Corporation Ltd (HDFC), for Rs 9,060 crore. This pegs HDFC Credila’s valuation at Rs…
It is a false perception that the Reserve Bank of India (RBI) is intrusive and micromanages banks’ affairs. The supervisory intensity is meant to ensure…
It must be music to the ears of the government of India (GoI) and Life Insurance Corp. of India (LIC). IDBI Bank Ltd, in which…
An early June Business Standard report mentioned a sharp slowdown in India Inc’s earnings in FY23. The combined net profits of 823 non-BFSI (banking, financial services and…
In May 2022, Reserve Bank of India (RBI) Governor Shaktikanta Das said in an interview that expectations of a rate hike in the next policy meeting were a no-brainer…