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Below Is Quotes on HDFC Bank and HDFC Ltd merger By Dr. VK Vijayakumar, Geojit Financial Services

"The merger of HDFC with HDFC Bank is an unprecedented mega-merger which will benefit all stakeholders. The shareholders of both entities stand to benefit substantially as already reflected by the sharp up moves in their stock prices. For shareholders, this is far better than a buyback at higher prices. This mega-merger will correct the recent underperformance of the HDFC twins. The stock prices of HDFC twins are likely to remain firm even after this morning's sharp spike. From the valuation perspective, the HDFC twins are even now only attractively priced in a highly valued market. FPI's strategy of sustained selling in HDFC twins has been proved to be a short-sighted decision.

The merged entity will gain from the synergies of the merger. The mortgage business will gain from the low-cost funds of the bank and the bank will gain from HDFC's competence in mortgage lending. The Indian economy will benefit from larger investment by the merged entity in large infra projects. India will have a large global bank"

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