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93%. HDFC Bank's revenue growth, fiscal 2023-24. The surge reflects the bank's July 2023 merger with its former parent company. Investors say HDFC Bank needs to boost deposits to keep the new ...
On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [25] [26] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
He is the founder and chairman of retail chain DMart. Damani is referred to as the "retail king" of India. [ 6][ 7] His estimated net worth is US$23.7 billion as of August 2024, according to the Bloomberg Billionaires Index, and $22 billion according to Forbes. [ 8][ 9]
The NIFTY 50 is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. [1] [2] Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited.
The average price of attending a four-year college nowadays ranges from $108,584 at public institutions to over $234,512 at private universities, according to the Education Data Initiative. And as ...
Housing costs are the big factor keeping inflation high, according to the July CPI reading. Shelter costs posted a surprise jump, rising 0.4% compared to a 0.2% increase in June.
The Housing Development Finance Corporation of Sri Lanka Act No. 7 of 1997 passed in the parliament of Sri Lanka. Under the act, the HDFC was established as a state-owned enterprise. The act was amended in 2003, allowing the HDFC to reestablish itself as a specialised bank. The bank was listed on the Colombo Stock Exchange in 2005.
Many of the largest banks in the world are part of larger bank holding companies. This structure allows them to offer various financial services, making them more resilient and competitive in the global market. [ 4] JPMorgan Chase, the largest bank in the world by market capitalization. Rank.