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July 1, 2023
- The Boards of both the companies at their respective meetings held today noted that the merger would be effective from July 1, 2023.
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Apr 4, 2022 · Sunainaa Chadha / TIMESOFINDIA.COM / Updated: Apr 5, 2022, 15:25 IST. Follow us. The two firms intend to combine their capabilities with the merger, combining HDFC's domain competence in housing finance with HDFC Bank's better scale and distribution. HDFC has invested capital and developed skills and has set up 445 offices across the country.
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This story is from April 11, 2022. Explained in 10 charts:...
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Housing Development Finance Corporation (HDFC) and HDFC Bank...
- Explained in 10 charts: The mega HDFC-HDFC Bank merger
Jun 30, 2023 · June 30, 2023 / 10:07 AM IST. HDFC-HDFC Bank merger will become a reality, come July 1. In May, 2021, a top-level review meeting took place at HDFC Bank’s Worli corporate office,...
Jun 30, 2023 · HDFC Bank and HDFC Ltd. had announced a decision to merge on April 4, 2022, subject to obtaining the requisite consent and approvals and had indicated a time frame of 15 to 18 months for the process to be concluded.
In the initial Year of Merger (FY 23), TDS return will be filed under two TANs (of HDFC Limited and HDFC Bank), there will be two TDS certificates for common customers (customers having Term deposits both with HDFC Limited and with HDFC Bank).
In the year 2000, the bank was merged with the Indian private bank HDFC Bank. [6] Business activities. The bank was a member of the Cirrus ATM network. It had four strategic business units: assets group, trade finance group, services group & syndication & advisory services group.