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 shares fall sharply amid FII sell-off and Fed likely to hike rates

HDFC Bank shares fall sharply amid FII sell-off and Fed likely to hike rates

The shares of HDFC Limited (Housing Development Finance Corporation) and HDFC Bank have fallen heavily in the last few days. In the last one month, the stock of HDFC Limited has fallen by 15.1% and the share price of HDFC Bank has fallen by 10.2%. Selling by Foreign Institutional Investors (FIIs). FIIs are outflowing capital … Read more