HDFC merger nears record date, creating world’s 5th most valuable bank

Announcement of the so called ‘record date’ — or the cut-off day set for investors — for the swapping of shares of Housing Development Finance Corp. for HDFC Bank Ltd. is expected within three weeks. The merged entity is likely to trade under the HDFC Bank ticker before July 20, bringing an end to the process that began in April 2022.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/hdfc-merger-nears-record-date-creating-world’s-5th-most-valuable-bank_17079921.html