Centurion Bank

  • HDFC offers 29:1 share swap to CBoP investors February 26, 2008

    Mumbai: The board of HDFC Bank has approved issuance of one share for every 29 Centurion Bank of Punjab shares after the merger of the two financial institutions. The board approved the shareswap ratio of one share of Rs 10 each of HDFC Bank for every 29 shares of Rs 1...
  • HDFC bank agrees to buy Centurion bank February 23, 2008

    Mumbai: HDFC bank, India's thirdbiggest lender by market capitalisation, agreed on Saturday to buy Centurion Bank of Punjab in an allshare deal in the nation's biggest financial sector buyout. The boards of the two banks will meet on February 25 to consider the share swap ratio and again on February...
  • At 12,000 cr, HDFCCenturion merger largest domestic deal February 22, 2008

    Mumbai: At Rs 12,000 crore, it could become one of the largest domestic deals in India. It is the possible merger of HDFC Bank and Centurion Bank of Punjab. Here is a look at what has changed since Thursday when the possible mega deal was announced. ...
  • HDFC, Centurion Bank talks on for merger February 21, 2008

    Mumbai: Network 18 has learnt that HDFC Bank is at a critical stage of talks with Centurion Bank of Punjab regarding a merger. And it looks like there are chances of the deal going through. ...