HDFC Bank merger with HDFC takes April deal volume to record high of $46.3 bn Report


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  • The biggest deal in the country with a ভূ 40 billion merger between HDFC Bank and the original HDFC
  • A total of 183 deals a month have been made with startups, IT, etc.
  • On the consolidation and acquisition front, there were 45 contracts valued at 42.73 billion

The USD 40 billion merger between HDFC Bank and Parent HDFC, the country’s largest contract of all time, took the overall contract amount to a record high of USD 46.3 billion in April 2022, a consulting firm said in a report on Thursday.

The same figure stood at .9 12.91 billion over the previous year and 8. 8.7 billion in 2020, according to a report by Grant Thornton India, making it clear that there is a cloud of uncertainty in the near-term landscape of the deal.

“While geopolitical concerns and rising global inflation may cloud the prospects for near-term growth, various domestic macro factors such as tax revenue growth, cost improvement and industrial high-frequency indicators are conducive to positive and positive news for economic growth.” Shanti Bijetha says.

A total of 183 deals were made in one month with startup, information technology, banking and media sector activities.

On the consolidation and acquisition front, there were 45 contracts worth USD 42.73 billion, a 676 percent increase in value-added activity.

Private equity investment in 138 contracts came in at 3. 3.6 billion, a 52 percent drop in price terms due to the absence of big-ticket contracts, it says.

The start-up sector continues to grow in volume, with PE accounting for 71 percent of the volume with an investment value of 0. 0.9 billion, it said.

This month has witnessed eight high-value investments of US 100 100 million and above across five distinct sectors ranging from media, banking, e-commerce, start-ups and real estate, it added.

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