ICICI sought to acquire HDFC, reveals chairman Deepak Parekh |...

Dununu.com Dununu

Sponsored

ICICI sought to acquire HDFC, reveals chairman Deepak Parekh

RSS Feed Business

Posted

87

Deepak Parekh disclosed that Chanda Kochhar once suggested a merger between ICICI Bank and HDFC. Parekh declined the offer. He cited regulatory pressure as the main driver for HDFC's eventual merger with HDFC Bank. Parekh described the merger's conclusion as both sad and happy. He emphasized the need for larger Indian banks through acquisitions.

Read Full Article

Please log in to like, share and comment!

RSP lawmakers walk out of House meeting again

KATHMANDU: Lawmakers from the Rastriya Swatantra Party (RSP) walked out of the House of...

By 0 2

Headingley weather: Will rain play spoilsport on Day 2? Latest weather in Leeds

India dominated Day 1 of the first Test against England at Headingley, Leeds, reaching 359/3....

By 0 12

IND vs ENG: 'He comes from Punjab ...' - Bharat Army's new song for Gill

Shubman Gill, facing initial skepticism as India's Test captain, silenced critics with a...

By 0 12

No one to turn to: Probation gap leaves children in conflict with law in the lurch

By 0 16

Israel-Iran war: At UN, US envoy Dorothy Shea accidentally blames Israel for 'chaos, terror'; corrects it to Iran - watch video

A US diplomat, Dorothy Shea, created a stir at a UN Security Council meeting by mistakenly...

By 0 17