HDFC Lender director says Indian mega merger will not deal with ‘insurmountable challenges’

Key Factors

The merger concerning India’s HDFC Lender and HDFC will give extra options for cross-promoting, in accordance to HDFC Bank’s non-govt director.
HDFC Bank is now capable to present a “bouquet of other items” to household mortgage buyers, the bank’s non-government director Keki Mistry explained.
He added that no “insurmountable difficulties” will come from this merger, and that present and new consumers will not confront any issues when interfacing with the merged entity.

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