A COMPETITION LAW SCRUTINY – The RMLNLU Law Review Blog
By: Tapamoy Ghose
INTRODUCTION
HDFC Ltd, a mortgage lender, announced a merger with HDFC Bank on April 4, 2022. According to HDFC Bank, the merger is subject to various statutory and regulatory approvals, including those from the Competition Commission of India (CCI), the National Company Law Tribunal (NCLT), other applicable authorities, and the companies’ respective shareholders and creditors.
HDFC Ltd is India’s leading housing finance company, with unparalleled relationships, scale, and underwriting expertise in the housing sector. On the other hand, with over 68 million customers, 6,342 branches, and an entire portfolio of credit, liability, and distribution offerings, HDFC Bank

