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Home Unlabelled Indian Stock Market Hot Tips & Picks in Shares of India - HDFC - HDFC Bank Merger - Impications

Indian Stock Market Hot Tips & Picks in Shares of India - HDFC - HDFC Bank Merger - Impications

Indian Stock Market Hot Tips & Picks in Shares of India - HDFC – HDFC Bank Merger – Impications

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1. HDFC at its board meeting held on April 04, 2022, approved a composite scheme of amalgamation.2. The merger between the two entities will be a 2-step process. In the first step: HDFC Investments Ltd. and HDFC Holdings Ltd., wholly-owned subsidiaries of HDFC Ltd., will be merged with and into HDFC Ltd and In Step 2: HDFC Ltd. will be merged with and into HDFC Bank.3. As per the filing with