Is HDFC’s merger with its subsidiary a bailout plan?
The mortgage lender’s books are not in the pink of health. A merger offers its chairman a shot at glory.
We rarely make our stories free to read. This one is, so make the most of it.
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
No payment details required
$99 for one year
More in Business
You may also like
Prashant Kumar takes spring-cleaning route to profitability
The Yes Bank CEO ushers in a spate of changes in the retail banking business to stem its loss-making streak.
ICICI Bank is beating the leader at its own game
The Sandeep Bakhshi-helmed private lender has moved swiftly to grab a bigger slice of the corporate loan action, posing a threat to what was once HDFC Bank’s bastion.
How HDFC Ergo and Zopper scored an own goal with a harebrained scheme
The promise of a full refund on an Apple Watch for those walking 15,000 steps a day has turned into an unmitigated PR disaster for both companies after they failed to keep their word, citing vague and arbitrary reasons.
