National Company Law Tribunal (NCLT) Approves HDFC and HDFC Bank Merger: Impact on Banking and Affordable Housing
National Company Law Tribunal (NCLT) Approves HDFC and HDFC Bank Merger The National Company Law Tribunal (NCLT) has approved the merger of HDFC Developers Ltd with HDFC Bank. The merger was announced in November 2021, and the NCLT’s approval comes after HDFC Developers’ shareholders approved the merger in March 2022. As per the merger deal,…