
The HDFC merger - Can the $60 billion elephant dance?
Finshots Daily
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Introduction
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.
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