• Cbop
    NEWS RELEASE HDFC Bank Ltd. HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai -400 013. HDFC Bank and Centurion Bank of Punjab merger at share swap ratio of 1:29 Mumbai, February 25, 2008: The Boards of HDFC Bank and Centurion Bank of Punjab met today and approved, subject to due...
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  • Hdfc and Cbop Merger
    nationwide franchise of 403 branches and had over 5,000 employees. The Bank's shares were listed on the major Indian stock exchanges and on the Luxembourg Stock Exchange. On 23 May 2008 HDFC Bank acquired Centurion Bank of Punjab. MERGER & ACQUISITION OF HDFC AND CBOP ♣ 1994 Centurion Bank was...
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  • Hdfc Bank
    been rewritten with the merger of ICICI Bank and Bank of Madura, the profit making banks. In this project, we are going to study about recent M&A happened between HDFC bank and Centurion bank of Punjab (CBOP). The M&A of HDFC bank and CBOP has made a relative change in the total environment of Indian...
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  • CASE STUDY - HDFC & CBoP
    . India's largest Housing Finance Company. As on August 2013: HDFC Bank has -754 branches -11,088 ATMs, in 1,891 cities in India. 2000 -Times bank Limited was merged with HDFC Bank Ltd. 2008- Centurion Bank of Punjab. WHY HDFC BANK CHOSE CBoP:- Cultural fit between the organizations. The bank had a large...
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  • Centurion Bank of Punjab
    appropriate merger opportunity that would add scale, geography and experienced staff to its franchise. This opportunity arose and they thought it is an attractive route to supplement HDFC Bank’s organic growth. They believe that Centurion Bank of Punjab would be the right fit in terms of culture...
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  • Role of Hr in M and a
    &Table of Contents 2. Role of Human Resources in Mergers and Acquisitions 5 2.1 Problems faced 5 2.2 Issues to be addressed 6 2.3 Role of HR 7 3 Project Methodology 9 3.1 Primary Research 9 3.2 Secondary Research 10 4. The HDFC BankCenturion Bank of Punjab Saga 11 4.1 Pre...
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  • M&a in Bfsi
    bank uses state-of-art software for efficient operating, competitive advantage and gain in market share. It has 7346 ATMs across India, as of date. M&A: In 2000, HDFC underwent a merger with the Times Bank Ltd. In 2008, it witnessed a huge merger with the Centurion Bank of Punjab in a ratio of...
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  • Me
    table below). The star performers among these banks were the Centurion Bank of Punjab (CBoP), HDFC Bank, ICICI Bank, and the Axis Bank (formerly UTI Bank). These big four expanded their branch network at a rapid rate of 14-16 percent per annum in terms of compound growth rates. Another trend in the...
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  • Merger
    cultural fit between the two organizations. For Centurion Bank of Punjab, HDFC Bank would exploit its underutilized branch network which had requisite expertise in retail banking and transaction banking. Productivity levels of CBOP branches would improve by leveraging HDFC’s brand name. The merger...
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  • Merger of Banking Sector
    Nedungadi Bank Ltd Case 2 HDFC Bank Ltd Centurion Bank of Punjab Ltd. Source: Researcher’s compilation from table 1 Date of Announcement February 1, 2003 May 23, 2008 Table 3:- Profile of Nedungadi Bank and Punjab National Bank for the last three financial years ending before the merger...
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  • Merger & Acquisitions
    nation through increased flow of funds. The process of merger and acquisition is not a new happening in case of Indian Banking, Grind lay Bank merged standard charated Bank, Times Bank with HDFC Bank, bank of Madura with ICICI Bank, Nedungadi Bank Ltd. With Punjab National Bank and most recdently...
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  • financial update
    Bank of Rajasthan and the ICICI Bank. Moreover, the HDFC Bank acquired the Centurion Bank of Punjab on 23 May 2008. The Reserve Bank of India sanctions the scheme of mergers of the ICICI Bank and the Bank of Rajasthan. After the merger the ICICI Bank replaced many banks to occupy the second...
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  • Merger and Acquisitions in the Indian Banking Sector
    sector passes through the Bank of Rajasthan and the ICICI Bank. Moreover, the HDFC Bank acquired the Centurion Bank of Punjab on 23 May 2008. The Reserve Bank of India sanctions the scheme of mergers of the ICICI Bank and the Bank of Rajasthan. After the merger the ICICI Bank replaced many banks...
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  • M&a in Banking
    merger .Centurion Bank is strong with around 390 branches in North and South of India. And HDFC with 4 http://www.wikipedia.org/ Akhil Bhan Page 9 MERGERS IN INDIAN BANKING SECTOR – MOTIVES AND BENEFITS around 1100 5branches mainly in north and western India will give the new entity a much wider...
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  • Merger
    the combined entity would be over Rs. 1,63,000 crores. HDFC Bank Board on 25th February 2008 has approved the acquisition of Centurion Bank of Punjab (CBoP) for Rs 9,510 crore in one of the largest merger in the financial sector in India. CBoP shareholders will get one share of HDFC Bank for every...
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  • Report on Hdfc Bank
    Centurion Bank of Punjab Ltd. with HDFC Bank Ltd. with effect from May 23, 2008. All the branches of Centurion Bank of Punjab will function as branches of HDFC Bank with effect from May 23, 2008. With RBI’s approval, all requisite statutory and regulatory approvals for the merger have been...
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  • Hdfc
    players. RECENT DEVELOPMENT [pic] The Reserve Bank of India has approved the scheme of amalgamation of Centurion Bank of Punjab Ltd. with HDFC Bank Ltd. with effect from May 23, 2008. All the branches of Centurion Bank of Punjab will function as branches of...
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  • Saloni
    banks have been through mergers before. HDFC Bank took over the ailing Times Bank (launched by media powerhouse Bennett, Coleman & Co) in February 2000. CBoP had started life as Centurion Bank. It merged with the north India-based Bank of Punjab in June 2005 and also the Kochi (south India)-based...
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  • Hdfc Bank
    | 2.4. MERGER HDFC Bank and Centurion Bank of Punjab merger at share swap ratio of 1:29 The Boards of HDFC Bank and Centurion Bank of Punjab met on 25 February, 2008 and approved, subject to due diligence, the share swap ratio...
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  • Lovely University
    : Merged Entity Major Company Roll Number Sector United Western Bank IDBI Bank RS38E1A01 Banking Air Deccan Kingfisher Airlines RS38E1A02 Airlines Ganesh Bank of Kurundwad The Federal Bank RS38E1A03 Banking Bank of Punjab Centurion Bank RS38E1A04 Banking IDBI Bank IDBI Limited RS38E1A05 Banking...
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