In India’s largest-ever M&A, HDFC to merge with HDFC Bank
2022-04-05
HDFC Bank, India’s largest private lender, is buying its largest shareholder in a $40 billion deal, the country’s largest ever, to create a financial services behemoth that can better meet surging credit demand. HDFC Bank’s collaboration with housing finance giant HDFC Ltd, which controls around 21% of the lender, will boost the bank’s 68 million…Continue Reading