Low compensation for advisors in $64 Billion HDFC bank merger raises concerns
Edited By WION Video Desk
Published: Jul 03, 2023, 19:45 IST | Updated: Jul 03, 2023, 19:45 IST
The merger between Housing Development Finance Corporation (HDFC) and HTFC Bank Limited in India is valued at $64 billion. Financial advisors involved in the merger are receiving low compensation, with approximately 18 advisors sharing a fee pool of just over $1 million.
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