HDFC Bank-HDFC Merger Today, Biggest Transaction In History Of India Inc
HDFC Ltd, the country's first home finance company, will lose its identity today
Life has come full circle for Deepak Shantilal Parekh, the 78-year old Chairman of HDFC Limited, and a doyen of the Indian banking sector. Deepak Parekh’s reign at the helm of HDFC has come to an end, with the merger between HDFC and HDFC Bank becoming a reality. He would be ineligible to serve on the bank’s board after the merger, owing to RBI’s rules on age limits.
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