India set for $168 billion finance behemoth as unprecedented HDFC merger nears ...Middle East

The Times of India - News
India set for $168 billion finance behemoth as unprecedented HDFC merger nears
The merger of India’s most valuable lender and the nation’s largest mortgage financier to create what could be the world’s fifth-most valuable bank is inching closer to completion, with just one key step remaining that investors are watching for closely.Announcement of the so called ‘record date’ — or the cut-off day set for investors — for the swapping of shares of Housing Development Finance for HDFC Bank is expected within three weeks. The merged entity is likely to

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