
- A joint company scheme had been filed with NLCT seeking the sanction of NLCT. The merger process will be completed by July.
- HDFC announced its merger on 4th april, 2022
- HDFC will become the 100% owned by public shareholders and the existing shareholders of HDFC will get 41% of the bank
- HDFC closed at 1.14% on BSE stock exchange and gained 1.36% to close at 1572.55rs.
Question :
a. SBI
b. National company law tribunal
c. RBI
d. Government of India