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Deepak Parekh further talked about the HDFC-HDFC Bank merger that was completed in July 2023. Talking to Chanda Kochhar, he said that the union was mainly driven by regulatory pressure.
Deepak Parekh revealed Chanda Kochhar's merger proposal between ICICI and HDFC, predating HDFC's reverse merger. Parekh cited regulatory pressure from the RBI as the primary driver for the HDFC-HDFC ...
Deepak Parekh, former Chairman of HDFC, disclosed that ICICI Bank’s then-chief executive Chanda Kochhar had once proposed a merger between ICICI Bank and HDFC, years before HDFC merged with its ...
In a rare public disclosure, Deepak Parekh, the noted banker who was instrumental in building India’s largest private sector bank, has disclosed that ICICI Bank ...
However, ICICI had a higher net interest margin (NIM) of 4.41% compared to HDFC Bank's NIM of 3.65%. The merger with HDFC added a massive loan book but not an equal amount of deposits to HDFC Bank ...
Banking Legacy: Deepak Parekh says ICICI once proposed to take over HDFC Ltd, years before its reverse merger with HDFC Bank in July 2023.
ICICI Bank has announced a revision in several service charges that will come into effect from July 1, 2025. The revised fees will apply to ATM usage, cash deposits and withdrawals, IMPS transactions, ...
Big Players Pull Out According to three insiders familiar with the matter, ICICI Bank, Axis Bank, and Mastercard are already taking steps to exit their aggregator arrangements with DreamFolks and are ...
DreamFolks Services' share price fell 4% to ₹252 amid concerns as major banks like ICICI and Axis consider direct partnerships with lounge operators, moving away from the aggregator. The company ...
According to Benzinga Pro, ICICI Bank's peer group average for short interest as a percentage of float is 0.82%, which means the company has more short interest than most of its peers.
Mysuru: The filing of nomination papers for the elections to the board of directors of the Mysuru-Chamarajanagar District Central Cooperative bank (MC.