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Investors looking for stocks in the Banks - Foreign sector might want to consider either Erste Group Bank AG (EBKDY) or HDFC Bank (HDB). But which of these two stocks offers value investors a better bang for their buck right now?
Indian private lender HDFC Bank will be added to the MSCI Global Standard Indexes from July 13, while Housing Development Finance Corp (HDFC) will be removed, following the merger of the two companies, an MSCI notice showed on Friday.
Investors with an interest in Banks - Foreign stocks have likely encountered both Nordea Bank AB (NRDBY) and HDFC Bank (HDB). But which of these two companies is the best option for those looking for undervalued stocks?
Gurmeet Chadha of Complete Circle discusses the merger between HDFC and HDFC Bank, and says HDFC Bank is clocking in 15% to 16% of credit growth.
The HDFC-HDFC Bank merger took effect on July 1, following shareholder and regulatory approvals.
HDFC Chairman Deepak Parekh says the merger between India's largest mortgage financier and its sister firm, the nation's top lender, will likely be completed next week, and said to create one of the world's most valuable banks. Menaka Doshi reports on Bloomberg Television.
Investors interested in Banks - Foreign stocks are likely familiar with Nordea Bank AB (NRDBY) and HDFC Bank (HDB). But which of these two stocks presents investors with the better value opportunity right now?
India's HDFC Bank Ltd will keep home loans at the centre of its growth strategy after a merger with HDFC Ltd is concluded, with such credit likely to make up nearly a third of the bank's portfolio going forward, two senior officials at the group said.
Investors interested in stocks from the Banks - Foreign sector have probably already heard of Deutsche Bank (DB) and HDFC Bank (HDB). But which of these two stocks presents investors with the better value opportunity right now?
Keki Mistry of the housing finance company says the merger should be completed by early July.