H t f s limited and h d f c bank are merging. The 60 billion dollar deal is going to create a financial behement of epic proportions. With h t f c banks market share will jump from 11% to 15%. For context, india's largest bank, s b i, has a market share of nearly 26%. This will also mean that the merged bank will now be the size of its nearest competitor, i c iBank.
“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.
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