The biggest transaction in India with a value worth $40bn. The two organisations had to go through intense compliances from RBI and the competition watch dog as well especially taking into consideration the size of their AUM. Prior to the merger HDFC was India's largest NBFC.
The combined market cap would be worth more than TCS only behind Reliance industries. It would also be the most dominant Nifty and would make them the 4th largest bank in the world.
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