Do you know about the Fourth Largest Bank in the world?

Market value of HDFC is 5.19 trillion & the market value of HDFC Bank LTD is Rs. 9.47 trillion.
The combination of both values is Rs.14.7 trillion and globally
valued at $172 billion

This merger will rank the company globally as the 61st most valuable firm, earning a spot in the top 100 companies.

Following the merger, it would create the world's fourth largest bank in the world after JP Morgan Chase & Co, Industrial and Commercial Bank of China Ltd (ICBC) and Bank of America Corp. and will have contribute of 15.39% in Nifty 50 Index

4th Largest Bank!

Contribution in Nifty 50 will rise up to 15.39%

Shareholding Changes

 HDFC bank will be completely owned by public shareholders, and existing shareholders of HDFC Ltd will own 41 % of HDFC Bank.

Therefore, HDFC shareholders will get 42 shares of HDFC bank for every 25 shares they own.

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