{"id":148701,"date":"2023-07-01T18:32:02","date_gmt":"2023-07-01T13:02:02","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=148701"},"modified":"2023-07-01T19:10:23","modified_gmt":"2023-07-01T13:40:23","slug":"after-merger-hdfc-to-vault-into-ranks-of-worlds-most-valuable-banks","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/after-merger-hdfc-to-vault-into-ranks-of-worlds-most-valuable-banks\/","title":{"rendered":"After Merger, HDFC to vault into ranks of world&#8217;s most valuable banks"},"content":{"rendered":"\n<p><strong>After Merger, HDFC to vault into ranks of world&#8217;s most valuable banks: <\/strong>According to Bloomberg,\u00a0after the tie-up of HDFC Bank Ltd and Housing Development Finance Corp, the\u00a0lender would rank fourth in equity market capitalization.<\/p>\n\n\n\n<p>It&#8217;s valued at&nbsp;about $172 billion.<\/p>\n\n\n\n<p>With the merger likely effective&nbsp;July 1, the new HDFC Bank entity will have around 120 million customers, which is greater than the population of Germany. JPMorgan Chase &amp; Co ranked first,&nbsp;followed by Industrial and Commercial Bank of China Ltd and Bank of America Corp.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After Merger, HDFC to vault into ranks of world&#8217;s most valuable banks: According to Bloomberg,\u00a0after the tie-up of HDFC Bank Ltd and Housing Development Finance Corp, the\u00a0lender would rank fourth in equity market capitalization. It&#8217;s valued at&nbsp;about $172 billion. With the merger likely effective&nbsp;July 1, the new HDFC Bank entity will have around 120 million [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":148702,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5133],"tags":[74,107],"class_list":["post-148701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-july-2023","tag-bank-current-affairs","tag-finance-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/148701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=148701"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/148701\/revisions"}],"predecessor-version":[{"id":148703,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/148701\/revisions\/148703"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/148702"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=148701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=148701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=148701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}