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On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [23] [24] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
Key takeaways. Check your balance online, on the phone, through your bank's mobile app, at the ATM and with bank statements. A bank teller can provide account details in person.
Generally acronyms and initialisms are capitalized, e.g., "NASA" or "SOS". Sometimes, a minor word such as a preposition is not capitalized within the acronym, such as "WoW" for "World of Warcraft". In some British English style guides, only the initial letter of an acronym is capitalized if the acronym is read as a word, e.g., "Nasa" or ...
A transaction account (also called a checking account, cheque account, chequing account, current account, demand deposit account, or share account at credit unions) is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate ...
What it means to balance a checking account. Balancing a checking account means listing out every withdrawal from and deposit to the account. Along with each of these line items, you should list ...
In banking and accounting, the balance is the amount of money owed (or due) on an account. In bookkeeping, "balance" is the difference between the sum of debit entries and the sum of credit entries entered into an account during a financial period. [1] When total debits exceed the total credits, the account indicates a debit balance.
The capital letter "A" in the Latin alphabet, followed by its lowercase equivalent, in sans serif and serif typefaces respectively. Capitalization (American spelling; also British spelling in Oxford) or capitalisation (Commonwealth English; all other meanings) is writing a word with its first letter as a capital letter (uppercase letter) and the remaining letters in lower case, in writing ...
Current account or Current Account may refer to: Current account (balance of payments), a country's balance of trade, net of factor income and cash transfers; Current account (banking), a checking account, held at a bank or other financial institution; Current account mortgage, a type of flexible mortgage loan