C;early HDFC is a market leader and beneath the new CEO, they’ve been digitising so much and gaining market share on the digital entrance. They have the house grown advantage of getting such an enormous in home mega financial institution as a distributor. This acquisition adds some extra cache to them however I suppose this type of a huge mother model actually doesn’t need these 1% accretive acquisitions. They couldn’t afford the model new RERA guidelines and the type of strict escrowing that the federal government introduced in.
