HDFC will be the biggest winner in Bandhan Bank-Gruh Finance merger
We welcome your comments at firstname.lastname@example.org
Mark to Market
News of Bandhan Bank Ltd’s purchase of Gruh Finance Ltd sent the former’s shares crashing over 6% on Monday. From Bandhan’s perspective, the merger swap ratio of 2.84:5 is slightly better than what news reports had suggested. The dilution in its equity...
Read latest Mint Asia online.