HDFC Bank’s Merger Pangs
India’s second-biggest bank may not be the cynosure of investors as the merger with HDFC weighs heavy, shaving off 16% of its market cap. But who can afford to ignore the 800-Pound gorilla?
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March 2024
January 2023
November 2020
July 2019
IDFC First's low-cost deposits swell despite rate cut from 7% to 4%
Deposits touch ₹66,498 crore on the back of 88% CAGR in four years.
LVB crisis: Same story, different characters
The 30-day moratorium on Lakshmi Vilas Bank is similar to YES Bank, protecting depositors and employees, but retail shareholders would be worst hit if amalgamation with DBS Bank India goes through.
YES Bank Q1 profit declines 91%
Worst quarterly performance in 20 quarters; net profit plunges to ₹113.8 crore from ₹1,260.36 crore a year ago due to higher provisioning.
