Английская Википедия:HDFC Ltd-HDFC Bank Merger

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Шаблон:Orphan Шаблон:Mergeto HDFC Ltd-HDFC Bank merger is the merger of HDFC Ltd (Housing Finance Arm of HDFC) and HDFC Bank and with market capitalisation of $154 billion, the later became seventh most valuable bank and fourth largest lender in the world.

History and Objective

HDFC Ltd-HDFC Bank merger[1] on 1 July 2023[2] had made HDFC Bank rise among the World's top 100 lenders in terms of assets.[3] The merger made the bank 7th most valuable bank in the world as its market capitalisation rose to $154 billion.[4]

Financial Market Effects

HDFC Ltd-HDFC Bank merger has created following effects in Financial Markets [5][6]

  • Increase in Customer base to 120 million, exceeding German population in size.
  • Increase in Bank Headcount to 1,77,000 employees.
  • Second largest Bank in India after State Bank of India.[7]
  • Increase in branches to 8300.
  • Growth in Bank deposits
  • Fourth largest lender in the world.
  • Largest lender in Private sector in India
  • Largest weight Nifty50 and Sensex.

Equity Issue

HDFC Ltd-HDFC Bank merger makes HDFC Bank issue 42 shares in exchange for 25 shares held by them in former.[8] This will raise the Equity Capital of HDFC Bank.[9]

See also

References

Шаблон:Reflist