DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Sashidhar Jagdishan - 2 HDFC's Keki Mistry - 1 Siddhi Nayak - 1 Jose Joseph - 1 Shilpi Majumdar - 1 Maju Samuel - 1 That’s - 1 HDFC - 1
Top related locs:
Renu India HDFC MUMBAI Asia China United States watchdogs
Top related orgs:
HDFC Bank - 2 Thomson - 2 Housing Development Finance Corp - 1 HDFC - 1 State Bank of India - 1 Siddhi - 1 Housing Development Finance Corporation - 1 – - 1

Search resuls for: "Sashidhar Jagdishan"


2 mentions found


☆ HDFC to merge into HDFC Bank on July 1, create India’s financial behemoth
  + stars: | 2023-06-30 | by ( Siddhi Nayak | ) www.reuters.com   time to read: +2 min
Both the companies have set July 13 as the "record date" to swap HDFC's shares with HDFC Bank's stock for its shareholders, HDFC and HDFC Bank said in separate exchange filings on Friday. With the share swap, HDFC Bank will become one of the world's top 10 banks in terms of market capitalisation, as per Refinitiv data. After the merger, HDFC Bank has no identified promoter. With the merger, HDFC Bank's total loan book will be over 22 trillion rupees, behind only that of State Bank of India (SBI.NS), the country’s largest lender. Both the entities have set July 12 as a record date for transfer of non-convertible debentures of HDFC in the name of HDFC Bank.
Persons: Sashidhar Jagdishan, HDFC's Keki Mistry, Siddhi Nayak, Jose Joseph, Shilpi Majumdar, Maju Samuel Organizations: Housing Development Finance Corp, HDFC Bank, HDFC, State Bank of India, Reuters, Siddhi, Thomson Locations: Renu, India, HDFC
☆ Mega-merger gives Indian lender new lease on life
  + stars: | 2023-06-20 | by ( Shritama Bose | ) www.reuters.com   time to read: +4 min
HDFC Bank (HDBK.NS), the country’s largest private lender, is set in July to complete its merger with its parent, partner and 26% shareholder Housing Development Finance Corporation (HDFC) (HDFC.NS). That’s a great opportunity for the larger, streamlined HDFC Bank – until now it sold most home loans it originated to its parent. However, the share of mortgages in HDFC Bank’s portfolio will rise close to 30%, compared to SBI’s 20%. HDFC Bank remains a fixer-upper in a couple of important respects, though. Housing Development Finance Corporation created HDFC Bank in 1994 and remains a 26% shareholder.
Persons: Sashidhar Jagdishan, That’s, HDFC, Jagdishan, Breakingviews, Srinivasan Vaidyanathan, Antony Currie, Thomas Shum Organizations: Reuters, HDFC Bank, Housing Development Finance Corporation, –, Bank of India, Mahindra Bank, Reserve Bank of India, Thomson Locations: MUMBAI, Asia, China, United States, watchdogs, Credila
0 next >>
Total: 2