NCLT okays HDFC, HDFC Bank merger, paving way for creation of finance giant

HDFC Bank awaiting clarity from the RBI on forbearances as merger gets last regulatory approval

Subrata Panda Business Standard

While all approvals are in place now, HDFC Bank is still awaiting clarity from the RBI on the forbearances it has sought

The Mumbai bench of National Company Law Tribunal (NCLT) has approved the merger of mortgage financier HDFC Ltd into HDFC Bank, paving the way for one of the largest financial behemoths in India. The

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First Published: Mar 17 2023 | 4:34 PM IST

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