HDFC-HDFC Bank merger: What does it mean for depositors and borrowers?

At the start of the financial year 2022-23, the mortgage lender announced that it will be merged with HDFC Bank. Though, the merger is yet to get regulatory approval, here is how customers and borrowers of HDFC Ltd. are likely to be impacted. Do note the impact will be felt after 12-18 months.

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