Regulations favored n b f c as they didn't have to deal with as many restrictions and red tape. H t f c was already doing it, but could only assign or sell these loans to h t f c and earn a small fee while at it. For instance, banks can dole out cheap home loans because they can mobilize funds through deposits.
“Finshots, when are you going to talk about the HDFC merger?”. “Finshots, we’re waiting for your podcast on the HDFC merger”. “Are you going to talk about HDFC?” Yes, we are. We were just waiting for the right moment. So in today’s episode for 9th March 2022, we see why HDFC Bank is merging with HDFC.
We've launched a new endeavor to give simplified health and life insurance advice via Ditto Insurance. Book a free consultation call with our advisors or just drop us a text on WhatsApp for all your insurance queries.
Check out Ditto: https://bit.ly/3CLTfsc
Insta- https://www.instagram.com/joinditto/
Twitter- https://twitter.com/joinditto