Saturday, December 8, 2012

When will merge with HDFC bank? Well, eh ...

HDFC Bank and HDFC respectively.

HDFC conceived his bank almost 20 years ago, and agreed to lend the progeny coveted name fad. But today, as the name to one of them belongs more, it's the bank instead of the pioneer housing finance company. The bank's market value is higher than that of the parent with a substantial 25 percent (Rs lakh crore to Rs 1.28 lakh crore 1.63). In reality it would be even more because the value of the value of its shares in the bank HDFC.

Hence, the problem that repeatedly in stock market circles over and over again is this: when will the child about the man? When will HDFC, a relic of the era when banks did not borrow for housing, to do a reverse merger with the bank.

The answer comes from the journalist Tamal Bandyopadhyay book HDFC Bank, titled Bank for the Buck. HDFC CEO and Managing Director Keki Mistry has this answer:

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