What is the salary of sashidhar Jagdishan?

What is the salary of Sashidhar Jagdishan? As the Chief Executive Officer and Managing Director of HDFC Bank, the total compensation of Sashidhar Jagdishan at HDFC Bank is $181,000,000.

What will happen to my HDFC shares after merger?

After the merger, HDFC Bank will be 100 per cent owned by public shareholders, and existing shareholders of HDFC Ltd will own 41 per cent of HDFC Bank. Shareholders of HDFC Ltd will receive 42 shares of HDFC Bank (face value of Re 1 each) for 25 shares of HDFC Ltd of Rs 2 each — a ratio of 1:1.68.

Is HDFC Securities A good broker?

HDFC Securities is a top-notch stockbroking house that offers various financial services to investors. The company has some custom-made brokerage charges to charge customers according to their investment requirements and goals. It charges 0.50% or min Rs. 25 for equity delivery trading, 0.05% or min Rs.

What will happen to HDFC Bank share holders?

The equity shares held by HDFC Ltd in HDFC Bank will be extinguished as per the scheme. As a result of this, upon the scheme becoming effective HDFC Bank will be 100% owned by public shareholders and existing shareholders of HDFC Ltd will own around 41% of HDFC Bank.

Who is Sashi Jagdishan?

Sashidhar Jagdishan is the new Chief Executive Officer (CEO) and managing director of the HDFC Bank. The Reserve Bank of India on 4 August approved the appointment of Sashidhar Jagdishan as managing director and chief executive officer of HDFC Bank for three years.

Why are HDFC shares falling?

Mumbai: HDFC CEO Keki Mistry said share prices of Housing Development Finance Corporation (HDFC) and HDFC Bank fell after the announcement of their merger because the management was unable to articulate the advantages of the merger.

What is the record date for HDFC merger?

The record date has been fixed as May 13, 2022. Those investors, having shares in their account as of record date will be eligible for the entitlement of equity shares.

Why HDFC Securities is better than Zerodha?

HDFC Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Zerodha margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

Is HDFC Demat account expensive?

HDFC Securities has tailor-made trading account opening offers with a free Demat account. The broker also provides different value brokerage plans that charge Equity Delivery brokerage as low as 0.10%, Equity Intraday at 0.01%, and flat Rs 20 for F&O.

Is HDFC going to merge?

On April 4, 2022, mortgage lender HDFC Ltd announced that it will merge with HDFC Bank. This merger is yet to be approved by the Reserve Bank of India (RBI). Customers, be it borrowers or depositors, of both entities would be curious to know how they will be impacted.

What is the record date of HDFC?

The company fixed June 1, 2022, as the record date for the purpose of ascertaining the entitlement of the shareholders to the final dividend of ₹1.70 per share having a face value of ₹10 each for fiscal FY22.