HDFC twins to be second largest company in India post-merger
Image Credit: India today
The combined market capitalisation of HDFC Bank and Housing Development Finance Corporation (HDFC) soared to Rs 14.22 lakh crore on Monday after the two companies announced the merger proposal. The HDFC twins' market capitalisation has surpassed the valuation of Tata Consultancy Services (TCS), which has a market cap of Rs 13.73 lakh crore.