World's fourth largest company, from loan to FD, everything will change from July 1- Watch Video

HDFC Limited-HDFC Bank merger will come into effect from July 1. The company which started by disbursing the first loan of Rs 30,000 will be merged with HDFC Bank from July 1. The effect of this mega merger will definitely be on the account holders of HDFC Bank as well as those taking loans from HDFC Limited and those getting FDs.

Along with this, it is going to have an impact on HDFC shares. There will be an important meeting of HDFC Housing Finance Limited, HDFC Bank Board today i.e. 30th June. After this merger, HDFC services will continue to be available in all branches of HDFC Bank.

In such a situation, questions are arising in the minds of the people that when everything was going well then why the merger of HDFC Bank and HDFC Development Finance Company is taking place? Will anything change after this merger?