scorecardresearchWill think on IPOs of HDFC Sec, HDB Fin Services after merger with HDFC: HDFC MD Sashidhar Jagdishan

Will think on IPOs of HDFC Sec, HDB Fin Services after merger with HDFC: HDFC MD Sashidhar Jagdishan

Updated: 17 Jul 2022, 02:36 PM IST
TL;DR.
Answering shareholder queries at the 28th annual general meeting of the largest private sector lender, its chief executive and managing director Sashidhar Jagdishan said the initial public offering (IPO) plans for HDFC Securities and HDB Financial Services depends on the merger process.
Banks merge to create more efficient operations and build scale. While it is simple to view such mega deals (HDFC Bank and HDFC Ltd) from the prism of huge capital allocation, it is equally important to manage the perceptions of customers to such mergers (AFP)

Banks merge to create more efficient operations and build scale. While it is simple to view such mega deals (HDFC Bank and HDFC Ltd) from the prism of huge capital allocation, it is equally important to manage the perceptions of customers to such mergers (AFP)