HDFC Bank merger: Why did HDFC Ltd merge with HDFC Bank and what does deal mean for investors and customers

Stock price: HDFC Ltd merge with HDFC Bank

HDFC Bank and HDFC Ltd announced the merger on 4 April 2022. The board of housing finance firm HDFC Ltd has approved a proposal to merge its subsidiaries and associates with HDFC Bank. HDFC Bank also announced the quarter 4 FY22 numbers and after this merger announcement, the shares of both HDFC Bank and HDFC … Read more

HDFC Bank Q4 FY22: HDFC Bank advances grew by 20.9% on YOY and 8.6% on QOQ in Q4 FY22

Share price: HDFC Bank Q4 FY22

HDFC Bank shares were trading up 2.55% at Rs 1,508 today. HDFC Bank recorded good numbers in quarter 4 financial year 22 (Q4 FY22). HDFC Bank’s advances grew by 20.9% on a year-on-year (YOY) basis and 8.6% on a quarter-on-quarter (QOQ) basis in the fourth quarter of FY22 (Q4 FY22). HDFC Bank’s retail deposits rose … Read more