HDFC twins merge in $40-billion deal: The making of a behemoth

The merged entity would be the second-biggest in terms of m-cap (Rs 14.05 trillion), ahead of TCS but behind RIL

Existing shareholders of HDFC would own 41% in HDFC Bank after the merger

1 min read Last Updated : Apr 04 2022 | 11:43 PM IST

HDFC Bank, following the amalgamation with HDFC, would be among the biggest firms in the country on most financial parameters. The merged entity would be the second-biggest in terms of m-cap (Rs 14.05 trillion), ahead of TCS but behind RIL. It would also jump to the second spot in terms of profitability.