scorecardresearchHDFC Ltd and HDFC Bank to merge: Here's all you need to know

HDFC Ltd and HDFC Bank to merge: Here's all you need to know

Updated: 04 Apr 2022, 11:22 AM IST
TL;DR.
  • The share exchange ratio for the amalgamation of HDFC with HDFC Bank shall be 42 fully paid up shares of face value of 1 each of HDFC Bank for every 25 fully paid up shares of face value of 2 each of HDFC.
The proposed merger of HDFC and HDFC Bank is subject to regulatory approvals.

The proposed merger of HDFC and HDFC Bank is subject to regulatory approvals.