........According to Chowdhary, this merger will lessen the cost of merger entity and the cost of transition will also decline as cost of regulation reduces. Also, this merged entity would be the country’s second largest financial services player post State Bank of India (SBI). Chowdhary expects the merged entity to benefit HDFC Bank particularly. IDFC has an outperform rating on HDFC Bank as it expects the lender to continue posting healthy earnings going ahead..........
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