HDFC Bank and parent company HDFC approached the merger process as the stock exchanges viewed their merger program positively. The companies received “observation letters” from the stock exchanges, BSE and NSE on July 2nd.
- According to the BoE governor, the National Crime Agency is involved in the investigation into the Gupta bank
- SBI’s corporate loan book suggests a change in market dynamics
- Banks need to take better care of vulnerable customers
- Mudra Loan | The center wants banks to focus on mudra lending and expects small borrowers to boost loan demand once the lockdowns ease