India’s HDFC, HDFC Bank merger to be effective July 1

Housing Development Finance Corporation (HDFC) (HDFC.NS), opens new tab and HDFC Bank (HDBK.NS), opens new tab are working towards completing the merger of the two financial behemoths by July 1 and may set July 13 as the record date for swapping shares, HDFC said in an exchange filing on Tuesday. HDFC Chairman Deepak Parekh had said in a CNBC-TV18 […]