HDFC and HDFC Bank Merger Proposal Gets Nod From Bourses

The proposition to blend its financial auxiliary HDFC Bank with HDFC,

the biggest exchange in India's corporate history,

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Both HDFC and HDFC Bank have no protests from both the stock trades.

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'No Adverse Observation' from BSE Limited and 'No Objection' from

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National Stock Exchange of India Limited, both dated July 2, 2022.

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Prior on April 4, India's biggest confidential loan specialist HDFC Bank

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consented to assume control over the greatest homegrown home

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loan moneylender in an arrangement esteemed at about USD 40 billion

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T he proposed element will have a consolidated resource base of around Rs 18 lakh crore.

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continuously or second from last quarter of FY24, dependent upon administrative endorsements.

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