Hdfc Ltd News
HDFC merger: tax implications for shareholders
As per the share exchange ratio of the merger, for every 25 shares of HDFC, 42 shares of HDFC Bank were issued to the former’s shareholders.
1 min read16 Jul 2023A glimpse into the house that Deepak Parekh built
Before its merger with HDFC Bank Ltd, effective from 1 July, HDFC had 21 subsidiaries or associate companies. All the significant ones are leaders in large, essential, and expanding sectors of financial services
3 min read4 Jul 2023Morgan Stanley retains ‘overweight’ rating on HDFC Bank, sees 24% upside - key reasons
Morgan Stanley maintains ’overweight’ rating for HDFC Bank with target price of ₹2,110, citing synergies from merger with HDFC and strong growth potential.
2 min read3 Jul 2023How HDFC Bank HDFC merger will impact equity mutual funds — explained
HDFC Bank HDFC merger: SEBI may need to address the issue of equity mutual funds having more than 10% exposure to HDFC Bank shares due to the HDFC twins merger
3 min read3 Jul 2023HDFC Bank share price to remain in focus following merger with HDFC
HDFC Bank shares will be in focus as the merger between HDFC Bank and HDFC Ltd. took effect on July 1, creating the largest private lender in India. The share exchange is set to take place on July 13, 2023.
3 min read3 Jul 2023HDFC Bank and HDFC Ltd merge to form a powerhouse financial organization: What you need to know
HDFC Bank and HDFC Ltd, the largest private bank and mortgage industry in India, will merge to form a new company with a market value of ₹14.37 lakh crore. The merger aims to better meet client needs, create synergies, and provide a wider range of financial products and services.
1 min read1 Jul 2023RBI relaxes new customers onboarding restriction on HDFC Credila, asks HDFC Bank to reduce stake to 10% by March 2024
HDFC Bank has been granted relaxation by the RBI to onboard new customers for its subsidiary, HDFC Credila, subject to conditions, including reducing its shareholding to 10% by March 31, 2024. The relaxation was granted after the company met RBI’s condition of applying for a change in shareholding.
1 min read27 Jun 2023HDFC delisting may pave the way for LTIMindtree to enter Nifty50 index
According to the preliminary calculations by Nuvama, LTIMindtree should see an inflow of $150 million to $160 million.
1 min read27 Jun 2023HDFC expected to sell loan portfolio of 2 Ghaziabad-based five-star hotels to Prudent ARC: Report
HDFC is set to sell a loan portfolio of two five-star hotels in Ghaziabad to Prudent Asset Reconstruction for ₹311 crore, resulting in a 61 percent recovery.
2 min read23 Jun 2023HDFC twins merger: RBI clarifies on HDFC Bank’s commercial liabilities. Details here
HDFC twins merger: RBI has allowed HDFC Bank to hold commercial papers issued by HDFC Ltd till maturity in response to the bank’s request
1 min read17 Jun 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared