HDFC Bank in its 25 years of journey has acquired the followin | WOLF OF DALAL STREET

HDFC Bank in its 25 years of journey has acquired the following banks - Times Bank, Centurion Bank of Punjab.
Centurion Bank in turn before merging with HDFC Bank had acquired Lord Krishna Bank & Bank of Punjab.

In its journey of 25 yrs ICICI Bank has acquired or merged following entities
ICICI Limited reverse merger
ITC Classic Fin
Anagram Fin
Shipping Credit & Invt Corp
Bank of Madura
Sangli Bank
Darjeeling & Shimla branches of Grindlays Bank

In last two months huge amount of investors are going crazy on IDFC First Bank.
Word of caution & fact --
IDFC First has cost to income ratio at 79%, other banks are at 40 - 45%. To bring this ratio to below 50% will take minimum 3 years. So still it a long way to go.
Disclaimer - Just a View, Not a recommedation to Invest.

Regards,
Kiran Sheth (Wolf Of India).
www.wolfofdalalstreet.com