{"id":85201,"date":"2023-07-03T01:27:40","date_gmt":"2023-07-03T05:27:40","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85201"},"modified":"2023-07-03T01:25:48","modified_gmt":"2023-07-03T05:25:48","slug":"indias-hdfc-bank-completes-40-billion-takeover-of-the-countrys-largest-mortgage-lender-heres-what-it-means","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2023\/indias-hdfc-bank-completes-40-billion-takeover-of-the-countrys-largest-mortgage-lender-heres-what-it-means.html","title":{"rendered":"India\u2019s HDFC Bank completes $40 billion takeover of the country\u2019s largest mortgage lender. Here\u2019s what it means"},"content":{"rendered":"\n<p>(CNBC) India\u2019s largest private lender <a href=\"https:\/\/www.cnbc.com\/quotes\/\">HDFC Bank<\/a> has completed its merger with <a href=\"https:\/\/www.cnbc.com\/quotes\/HDFC-IN\/\">Housing Development Finance Corporation<\/a>, the country\u2019s biggest mortgage lender, in a deal that pits the new entity against the world\u2019s largest banks. The merger took effect on July 1, following shareholder and regulatory approvals. The merged entity will be the world\u2019s fourth largest bank by market cap in the world \u2014 behind JPMorgan Chase, Industrial and Commercial Bank of China and Bank of America.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/07\/03\/indias-hdfc-bank-completes-40-billion-merger-with-mortgage-lender-hdfc.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) India\u2019s largest private lender HDFC Bank has completed its merger with Housing Development Finance Corporation, the country\u2019s biggest mortgage lender, in a deal that pits the new entity against the world\u2019s largest banks. The merger took effect on July [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85201","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85201"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85201\/revisions"}],"predecessor-version":[{"id":85202,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85201\/revisions\/85202"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}