Correct Answer : Option (D) - Competition Commission of India (CCI)
Fair trade regulator Competition Commission of India (CCI) has approved the merger proposal of HDFC Bank and its parent HDFC Ltd.
The proposed combination envisages the merger of HDFC Investments and HDFC Holdings with HDFC Ltd in the first step and subsequently, the merger of HDFC Ltd into HDFC Bank.
In a tweet on Friday(12th August 2022), CCI said it has approved the "proposed combination involving amalgamation of HDFC Limited, HDFC Bank, HDFC Investments and HDFC Holdings."
In April, the country's largest housing finance company HDFC Ltd announced that it will merge with HDFC Bank..
Source : Business Standard