HDFC CEO expects fall in shares to be temporary, says merger will benefit economy

[Bilgin]

HDFC CEO expects fall in shares to be temporary, says merger will benefit economy On April 4, HDFC Bank announced that parent HDFC will merge with the bank to enable seamless delivery of home loans and leverage on the large base of over 68 million customers of HDFC Bank and inter alia improve the pace of credit growth in the economy.