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Interestingly, creation of HDFC Ltd was financially supported by erstwhile ICICI Ltd, the parent entity of ICICI Bank.
Veteran banker and former chairman of HDFC Ltd Deepak Parekh has said that ICICI Bank had made an offer to take over mortgage ...
I remember you talking to me once...you said ICICI started HDFC. 'Why don't you come back home?' That was your offer,' Parekh ...
Deepak Parekh reveals ICICI once offered to acquire HDFC Ltd, but the proposal was declined. HDFC’s eventual merger with HDFC ...
ICICI Bank had offered to take over mortgage lender HDFC Ltd before its reverse merger with HDFC Bank, says former HDFC ...
Former HDFC chairman Deepak Parekh revealed on Friday that Chanda Kochhar—who was then a CFO at ICICI Bank—had once proposed ...
Former HDFC chairman Deepak Parekh has revealed that a merger proposal between ICICI and HDFC was once floated by former ...
Parekh described the eventual merger of HDFC with HDFC Bank completed in July 2023 was driven mainly by regulatory pressure ...
Deepak Parekh disclosed that Chanda Kochhar once suggested a merger between ICICI Bank and HDFC. Parekh declined the offer.
Weighing near-term risks, potential share dilution, and tight margins against future EV lithium demand & long-term merger ...
In a YouTube video, former HDFC chairman Deepak Parekh recalled a conversation with former ICICI Bank MD & CEO Chanda Kochhar ...