{"id":5485,"date":"2022-07-04T04:51:52","date_gmt":"2022-07-04T04:51:52","guid":{"rendered":"https:\/\/bankkaro.com\/blog\/?post_type=web-story&#038;p=5485"},"modified":"2022-07-04T05:38:19","modified_gmt":"2022-07-04T05:38:19","slug":"hdfc-bank-merger-approval","status":"publish","type":"web-story","link":"https:\/\/bankkaro.com\/blog\/web-stories\/hdfc-bank-merger-approval\/","title":{"rendered":"HDFC-HDFC Bank merger approved by BSE, NSE"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/fonts.googleapis.com\/css2?display=swap&amp;family=Roboto%3Awght%40400%3B700\" rel=\"stylesheet\"\/>\n<style amp-boilerplate=\"\">body{-webkit-animation:-amp-start 8s steps(1,end) 0s 1 normal both;-moz-animation:-amp-start 8s steps(1,end) 0s 1 normal both;-ms-animation:-amp-start 8s steps(1,end) 0s 1 normal both;animation:-amp-start 8s steps(1,end) 0s 1 normal both}@-webkit-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-moz-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-ms-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-o-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}<\/style>\n<p><noscript><\/p>\n<style amp-boilerplate=\"\">body{-webkit-animation:none;-moz-animation:none;-ms-animation:none;animation:none}<\/style>\n<p><\/noscript><\/p>\n<style amp-custom=\"\">\n              h1, h2, h3 { font-weight: normal; }<\/p>\n<p>              amp-story-page {\n                background-color: #131516;\n              }<\/p>\n<p>              amp-story-grid-layer {\n                overflow: visible;\n       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var(--story-page-vw));\n                line-height: 1.4;\n                word-break: break-word;\n                word-wrap: break-word;\n                overflow-wrap: break-word;\n              }\n              <\/style>\n<p><meta name=\"web-stories-replace-head-start\"\/><title>HDFC-HDFC Bank merger approved by BSE, NSE<\/title><link rel=\"canonical\" href=\"https:\/\/bankkaro.com\/blog\/?post_type=web-story&amp;p=5485\"\/><meta name=\"web-stories-replace-head-end\"\/><\/head><body><amp-story standalone=\"\" publisher=\"BankKaro Blog\" publisher-logo-src=\"https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/05\/Bk-Story.png\" title=\"HDFC-HDFC Bank merger approved by BSE, NSE\" poster-portrait-src=\"https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/06\/cropped-MicrosoftTeams-image.jpg\"><amp-story-page id=\"463f8797-69f9-49a2-8f1f-67c259c8ddc9\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-175e2cf1-ddb6-45c8-bf03-854cb25d84d3\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:12.86408%;top:3.8835%;width:73.54369%;height:16.82848%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6600660066006601% 0.6600660066006601% 0.6600660066006601% 0.6600660066006601% \/ 1.9230769230769231% 1.9230769230769231% 1.9230769230769231% 1.9230769230769231%\" id=\"el-b472fd0e-a9a0-42f5-9499-615c02048943\">\n<h2 id=\"hdfc-hdfc-bank-merger-gets-thumbs-up-from-bse-nse\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.08763407590759031% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.474110em;line-height:1.19;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">HDFC &amp; HDFC Bank merger gets thumbs up from BSE, NSE<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:16.01942%;top:66.01942%;width:67.47573%;height:14.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7194244604316548% 0.7194244604316548% 0.7194244604316548% 0.7194244604316548% \/ 2.2222222222222223% 2.2222222222222223% 2.2222222222222223% 2.2222222222222223%;background-clip:content-box;background-color:#000\" id=\"el-f7c473da-30cd-488b-8e3d-750f1d3a0123\">\n<h3 id=\"the-two-entities-are-expected-to-merge-into-one-soon\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11634442446043128% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.4388489208633095% 2.877697841726619%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">The two entities are expected to merge into one soon<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:89.64401%;width:56.79612%;height:3.72168%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8547008547008548% 0.8547008547008548% 0.8547008547008548% 0.8547008547008548% \/ 8.695652173913043% 8.695652173913043% 8.695652173913043% 8.695652173913043%\" id=\"el-49863c64-756d-41f6-a918-164ff47dfd62\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.1201923076923077% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Here are the details<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:58.49515%;top:83.81877%;width:25%;height:15.69579%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-4f4b08cc-bcfc-4de2-8b00-43cbd2cd8a1d\"><svg style=\"display:block;position:absolute;top:0;height:100%;width:auto\" viewBox=\"0 0 18 17\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><title>Arrow<\/title><path d=\"M16.8371 7.04675L10.4371 0.24707L8.83708 1.75308L13.4942 6.70109H0.0371094V8.89842H16.0371C16.4754 8.89842 16.8718 8.63788 17.0457 8.23551C17.2195 7.83314 17.1376 7.36593 16.8371 7.04675Z\" fill=\"#F9F3E9\"><\/path><path d=\"M14.1383 9.78401L8.85498 15.3973L10.3635 17L15.6468 11.3867L14.1383 9.78401Z\" fill=\"#F9F3E9\"><\/path><\/svg><\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.23301%;top:28.9644%;width:64.32039%;height:24.27184%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-2b8fe889-d83e-43fe-b944-ed64c4bb6786\">\n<div style=\"position:absolute;width:100%;height:117.76447%;left:0%;top:-8.88224%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1509470475192-4516c145f8a1?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxiYW5rfGVufDB8fHx8MTY1Njg5NDg1OQ&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=4418&amp;h=2945&amp;fit=max\" alt=\"woman walking in-front of white building with ionic pillars\" srcSet=\"https:\/\/images.unsplash.com\/photo-1509470475192-4516c145f8a1?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxiYW5rfGVufDB8fHx8MTY1Njg5NDg1OQ&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=4418&amp;h=2945&amp;fit=max 4418w,https:\/\/images.unsplash.com\/photo-1509470475192-4516c145f8a1?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxiYW5rfGVufDB8fHx8MTY1Njg5NDg1OQ&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=3534&amp;h=2356&amp;fit=max 3534w,https:\/\/images.unsplash.com\/photo-1509470475192-4516c145f8a1?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxiYW5rfGVufDB8fHx8MTY1Njg5NDg1OQ&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=2650&amp;h=1766&amp;fit=max 2650w,https:\/\/images.unsplash.com\/photo-1509470475192-4516c145f8a1?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxiYW5rfGVufDB8fHx8MTY1Njg5NDg1OQ&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=1767&amp;h=1178&amp;fit=max 1767w,https:\/\/images.unsplash.com\/photo-1509470475192-4516c145f8a1?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxiYW5rfGVufDB8fHx8MTY1Njg5NDg1OQ&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=883&amp;h=589&amp;fit=max 883w,https:\/\/images.unsplash.com\/photo-1509470475192-4516c145f8a1?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHw5fHxiYW5rfGVufDB8fHx8MTY1Njg5NDg1OQ&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 29vh, 64vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"6ec55b18-5830-4113-a8a1-7e30bfb12adf\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8180ba9a-1a2a-4c09-a7d9-12119a276498\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:2.589%;width:69.66019%;height:8.09061%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 4% 4% 4% 4%;background-clip:content-box;background-color:#000\" id=\"el-a9953036-9570-463b-8fc0-f57d2f515545\">\n<h1 id=\"background\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11367595818815267% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.582524em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Background<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.96117%;top:22.49191%;width:63.34951%;height:14.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7662835249042145% 0.7662835249042145% 0.7662835249042145% 0.7662835249042145% \/ 2.2222222222222223% 2.2222222222222223% 2.2222222222222223% 2.2222222222222223%;background-clip:content-box;background-color:#000\" id=\"el-dc7b8711-ad39-42ae-90b4-4e8d1d2bdb14\">\n<h3 id=\"hdfc-and-hdfc-bank-have-been-running-as-separate-entities\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.12392241379310305% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.532567049808429% 3.065134099616858%;color:#000000\"><span><span style=\"color: #fff\">HDFC and HDFC Bank have been running as separate entities<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.38835%;top:44.82201%;width:58.25243%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-85ff9551-ac66-4e5c-8452-0197dd9139df\">\n<h3 id=\"in-april-2022-the-companies-had-announced-a-merger\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">In April 2022, the companies had announced a merger<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.38835%;top:66.66667%;width:58.25243%;height:18.93204%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 1.7094017094017095% 1.7094017094017095% 1.7094017094017095% 1.7094017094017095%;background-clip:content-box;background-color:#000\" id=\"el-82cc4107-6b97-403f-a505-b41ab4b926c6\">\n<h3 id=\"the-merger-was-to-be-conducted-post-approval-from-all-bodies\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.13476562499999956% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">The merger was to be conducted post approval from all bodies<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"e149f44a-1c2c-42ab-8bae-e7dca1555028\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-f44a178a-27ec-4b5e-83b1-b9ea566d4612\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:2.589%;width:69.66019%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-bc14ae1f-83aa-44da-a736-7e3feae54036\">\n<h1 id=\"what-has-happened\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11367595818815267% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.582524em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">What has happened?<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.96117%;top:25.24272%;width:63.34951%;height:14.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7662835249042145% 0.7662835249042145% 0.7662835249042145% 0.7662835249042145% \/ 2.2222222222222223% 2.2222222222222223% 2.2222222222222223% 2.2222222222222223%;background-clip:content-box;background-color:#000\" id=\"el-5bdb1cb4-3c56-41a2-9e8c-02c76113373f\">\n<h3 id=\"both-companies-are-listed-on-indian-stock-exchanges\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.12392241379310305% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.532567049808429% 3.065134099616858%;color:#000000\"><span><span style=\"color: #fff\">Both&nbsp;companies are listed on Indian stock exchanges<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.38835%;top:50%;width:58.25243%;height:14.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.2222222222222223% 2.2222222222222223% 2.2222222222222223% 2.2222222222222223%;background-clip:content-box;background-color:#000\" id=\"el-257d5a50-6a81-4da9-8ac5-57350bcb052d\">\n<h3 id=\"both-exchanges-bse-and-nse-have-given-noc-to-the-deal\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.13476562499999956% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">Both exchanges &#8211; BSE and NSE &#8211; have given NOC to the deal<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.38835%;top:74.59547%;width:58.25243%;height:9.87055%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 3.278688524590164% 3.278688524590164% 3.278688524590164% 3.278688524590164%;background-clip:content-box;background-color:#000\" id=\"el-98ec8e0c-8b29-4f80-8f21-5aded3649775\">\n<h3 id=\"the-approvals-came-on-july-02\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.1318359375% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.364078em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">The approvals came on July 02<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"d7b86402-00b5-4b72-a47c-bdc3bde37ba0\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-81106df2-f39f-4a23-a2da-6747f171cf4f\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:15.04854%;top:0;width:69.66019%;height:8.09061%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 4% 4% 4% 4%;background-clip:content-box;background-color:#000\" id=\"el-bf964e25-0374-4cce-96cf-511a12cb7228\">\n<h1 id=\"consequences\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11367595818815267% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.582524em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Consequences<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:18.20388%;top:18.4466%;width:63.34951%;height:19.7411%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7662835249042145% 0.7662835249042145% 0.7662835249042145% 0.7662835249042145% \/ 1.639344262295082% 1.639344262295082% 1.639344262295082% 1.639344262295082%;background-clip:content-box;background-color:#000\" id=\"el-cb24712d-5087-4e55-9025-1e92d25851fb\">\n<h3 id=\"this-will-take-the-merger-one-step-forward-subject-to-approvals\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.12931034482758566% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.532567049808429% 3.065134099616858%;color:#000000\"><span><span style=\"color: #fff\">This will take the merger one step forward, subject to approvals<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.87379%;top:47.411%;width:58.25243%;height:14.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 2.2222222222222223% 2.2222222222222223% 2.2222222222222223% 2.2222222222222223%;background-clip:content-box;background-color:#000\" id=\"el-5772f870-c6c5-4362-b665-6355ba80b4f0\">\n<h3 id=\"the-merger-will-still-have-to-be-approved-by-other-bodies\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.13476562499999956% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">The merger will still have to be approved by other bodies<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.87379%;top:71.0356%;width:58.25243%;height:18.93204%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 1.7094017094017095% 1.7094017094017095% 1.7094017094017095% 1.7094017094017095%;background-clip:content-box;background-color:#000\" id=\"el-7b797d9f-8715-4c97-bb36-5f95b17b7509\">\n<h3 id=\"these-include-rbi-cci-nclt-and-company-shareholders\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.13476562499999956% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">These include RBI, CCI, NCLT, and company shareholders<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"57830c30-9a06-4d80-8d7d-5de3092521ce\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-f9aa1aa2-fac7-47ad-8677-5b22d976b4e4\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:2.589%;width:69.66019%;height:15.04854%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 2.1505376344086025% 2.1505376344086025% 2.1505376344086025% 2.1505376344086025%;background-clip:content-box;background-color:#000\" id=\"el-2075fce5-db96-4290-8a8e-ea85bd00e098\">\n<h1 id=\"the-merger-in-numbers\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.11367595818815267% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.582524em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">The merger in numbers<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.96117%;top:28.47896%;width:63.34951%;height:14.72492%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7662835249042145% 0.7662835249042145% 0.7662835249042145% 0.7662835249042145% \/ 2.197802197802198% 2.197802197802198% 2.197802197802198% 2.197802197802198%;background-clip:content-box;background-color:#000\" id=\"el-bb6a405c-fb99-45d2-828f-5ebb8f917c82\">\n<h3 id=\"the-merger-is-valued-at-40-billion-biggest-ever-in-india\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.1266163793103447% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.380259em;line-height:1.2;text-align:center;padding:1.532567049808429% 3.065134099616858%;color:#000000\"><span><span style=\"color: #fff\">The merger is valued at $40 billion, biggest ever in India<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:21.1165%;top:48.05825%;width:58.25243%;height:19.7411%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 1.639344262295082% 1.639344262295082% 1.639344262295082% 1.639344262295082%;background-clip:content-box;background-color:#000\" id=\"el-5f5b5bb9-6f84-40c5-843a-af81b92b72ec\">\n<h3 id=\"existing-hdfc-shareholders-will-own-41-of-hdfc-bank-shares\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">Existing HDFC shareholders will own 41% of HDFC Bank shares<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:20.14563%;top:72.3301%;width:58.25243%;height:19.7411%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8333333333333334% 0.8333333333333334% 0.8333333333333334% 0.8333333333333334% \/ 1.639344262295082% 1.639344262295082% 1.639344262295082% 1.639344262295082%;background-clip:content-box;background-color:#000\" id=\"el-c54e6945-d28d-46df-add3-611f41ee5b91\">\n<h3 id=\"the-merged-entity-will-be-indias-2nd-largest-bank-after-sbi\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.14062499999999942% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:1.6666666666666667% 3.3333333333333335%;color:#000000\"><span><span style=\"color: #fff\">The merged entity will be India&#8217;s 2nd largest bank after SBI<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"43cee45e-d5d7-46c7-8b3c-c12fa03ad61b\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#1263ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-49235fb0-cc17-4bf2-bf91-3afc40f0b1ae\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:15.04854%;top:0;width:69.66019%;height:17.47573%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 1.8518518518518516% 1.8518518518518516% 1.8518518518518516% 1.8518518518518516%;background-clip:content-box;background-color:#000\" id=\"el-e67cdec6-90a5-4221-8933-57f7af202734\">\n<h2 id=\"want-to-know-about-the-banking-sector-in-india\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.08841463414634151% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.453074em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Want to know about the banking sector in India?<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:58.41424%;width:69.66019%;height:24.11003%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6968641114982579% 0.6968641114982579% 0.6968641114982579% 0.6968641114982579% \/ 1.342281879194631% 1.342281879194631% 1.342281879194631% 1.342281879194631%;background-clip:content-box;background-color:#000\" id=\"el-b1cd5aff-8bc5-43c9-bf02-5006e31fcb0f\">\n<h2 id=\"here-is-an-ultimate-guide-to-the-best-indian-private-bank-in-2022\" class=\"fill text-wrapper\" style=\"white-space:pre-wrap;overflow-wrap:break-word;word-break:break-word;margin:-0.09472996515679369% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.485437em;line-height:1.19;text-align:center;padding:1.3937282229965158% 2.7874564459930316%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Here is an ultimate guide to the best Indian private bank in 2022!<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:16.01942%;top:23.78641%;width:67.71845%;height:28.15534%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-36195c08-f347-4bbe-b85b-e94f6a77cc66\">\n<div style=\"position:absolute;width:100%;height:106.50133%;left:0%;top:-3.25067%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1462206092226-f46025ffe607?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwxMnx8YmFua3xlbnwwfHx8fDE2NTY4OTQ4NTk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=2299&amp;h=1527&amp;fit=max\" alt=\"low angle photo of curtain wall building\" srcSet=\"https:\/\/images.unsplash.com\/photo-1462206092226-f46025ffe607?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwxMnx8YmFua3xlbnwwfHx8fDE2NTY4OTQ4NTk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=2299&amp;h=1527&amp;fit=max 2299w,https:\/\/images.unsplash.com\/photo-1462206092226-f46025ffe607?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwxMnx8YmFua3xlbnwwfHx8fDE2NTY4OTQ4NTk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=1839&amp;h=1221&amp;fit=max 1839w,https:\/\/images.unsplash.com\/photo-1462206092226-f46025ffe607?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwxMnx8YmFua3xlbnwwfHx8fDE2NTY4OTQ4NTk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=1379&amp;h=916&amp;fit=max 1379w,https:\/\/images.unsplash.com\/photo-1462206092226-f46025ffe607?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwxMnx8YmFua3xlbnwwfHx8fDE2NTY4OTQ4NTk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=919&amp;h=610&amp;fit=max 919w,https:\/\/images.unsplash.com\/photo-1462206092226-f46025ffe607?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwxMnx8YmFua3xlbnwwfHx8fDE2NTY4OTQ4NTk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=459&amp;h=305&amp;fit=max 459w,https:\/\/images.unsplash.com\/photo-1462206092226-f46025ffe607?ixid=MnwxMzcxOTN8MHwxfHNlYXJjaHwxMnx8YmFua3xlbnwwfHx8fDE2NTY4OTQ4NTk&amp;ixlib=rb-1.2.1&amp;fm=jpg&amp;w=340&amp;h=226&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 30vh, 68vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/bankkaro.com\/blog\/wp-content\/uploads\/2022\/05\/best-private-bank-of-india.jpg\"><a href=\"https:\/\/bankkaro.com\/blog\/best-private-bank-of-india\/4546\/\" rel=\"\">Read more<\/a><\/amp-story-page-outlink><\/amp-story-page><\/amp-story><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"HDFC and HDFC Bank merger has been approved by Indian stock exchanges &#8211; BSE and NSE. What does this mean for the deal? Read our story to find 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exchanges<\/span>","borderRadius":{"locked":true,"topLeft":2,"topRight":2,"bottomRight":2,"bottomLeft":2},"x":74,"y":156,"width":261,"height":90,"scale":100,"focalX":50,"focalY":50,"basedOn":"d61586d3-cca7-4af5-8fc3-0d857c600bd7","id":"5bdb1cb4-3c56-41a2-9e8c-02c76113373f"},{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":true,"backgroundTextMode":"FILL","font":{"family":"Roboto","fallbacks":["sans-serif"],"weights":[100,300,400,500,700,900],"styles":["italic","regular"],"variants":[[0,100],[1,100],[0,300],[1,300],[0,400],[1,400],[0,500],[1,500],[0,700],[1,700],[0,900],[1,900]],"service":"fonts.google.com","metrics":{"upm":2048,"asc":1900,"des":-500,"tAsc":1536,"tDes":-512,"tLGap":102,"wAsc":1946,"wDes":512,"xH":1082,"capH":1456,"yMin":-555,"yMax":2163,"hAsc":1900,"hDes":-500,"lGap":0}},"fontSize":23,"backgroundColor":{"color":{"r":0,"g":0,"b":0}},"lineHeight":1.2,"textAlign":"center","padding":{"locked":true,"hasHiddenPadding":true,"horizontal":8,"vertical":4},"type":"text","content":"<span 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style=\"color: #fff\">The merger is valued at $40 billion, biggest ever in 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shares<\/span>","borderRadius":{"locked":true,"topLeft":2,"topRight":2,"bottomRight":2,"bottomLeft":2},"x":87,"y":297,"width":240,"height":122,"scale":100,"focalX":50,"focalY":50,"basedOn":"c497b037-5dbf-450e-b799-1368565c3e09","id":"5f5b5bb9-6f84-40c5-843a-af81b92b72ec"},{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":true,"backgroundTextMode":"FILL","font":{"family":"Roboto","fallbacks":["sans-serif"],"weights":[100,300,400,500,700,900],"styles":["italic","regular"],"variants":[[0,100],[1,100],[0,300],[1,300],[0,400],[1,400],[0,500],[1,500],[0,700],[1,700],[0,900],[1,900]],"service":"fonts.google.com","metrics":{"upm":2048,"asc":1900,"des":-500,"tAsc":1536,"tDes":-512,"tLGap":102,"wAsc":1946,"wDes":512,"xH":1082,"capH":1456,"yMin":-555,"yMax":2163,"hAsc":1900,"hDes":-500,"lGap":0}},"fontSize":24,"backgroundColor":{"color":{"r":0,"g":0,"b":0}},"lineHeight":1.2,"textAlign":"center","padding":{"locked":true,"hasHiddenPadding":true,"horizontal":8,"vertical":4},"type":"text","content":"<span style=\"color: #fff\">The merged entity will be India's 2nd largest bank after 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style=\"font-weight: 700; color: #fff\">Want to know about the banking sector in 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