by AIP Online Bureau | Jul 8, 2022 | Banking & Bancassurance, Indian News, Pension & Social Security, Regulation
”We wish to inform you that HDFC Limited has today i.e. on July 8, 2022, received an approval from PFRDA regarding change in its status/constitution pursuant to the Scheme in accordance with the PFRDA (Point of Presence) Regulations, 2018, subject to a condition...
by AIP Online Bureau | Jul 4, 2022 | Banking & Bancassurance, Indian News
Touted as the biggest transaction in India’s corporate history, HDFC Bank on April 4 agreed to take over the biggest domestic mortgage lender in a deal valued at about USD 40 billion, creating a financial services titan Mumbai: HDFC Bank on Monday said it has...
by AIP Online Bureau | Jul 3, 2022 | Banking & Bancassurance, Indian News, Regulation
”The scheme remains subject to various statutory and regulatory approvals inter alia including approvals from the Reserve Bank of India, Competition Commission of India, the National Company Law Tribunal and the respective shareholders and creditors of the...
by AIP Online Bureau | Apr 5, 2022 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation
HDFC Life and HDFC ERGO are among the leading life and general insurance companies in the private sector, and analysts say the RBI is unlikely to be comfortable with the size of the insurance operations the deal will give the bank Mumbai: HDFC Bank’s $40 billion...
by AIP Online Bureau | Apr 4, 2022 | Banking & Bancassurance, Indian News
As part of the deal, shareholders of HDFC Ltd will receive 42 shares of the bank for 25 shares held. Existing shareholders of HDFC Ltd will own 41% of HDFC Bank Mumbai: India’s most valuable lender HDFC Bank on Monday agreed to take over the country’s...
