Merger to let us offer products that only banks can give: HDFC CFO

HDFC CFO VS Rangan said HDFC-HDFC Bank merger will allow the former to offer products that only banks can offer and not NBFCs. "For example...[we can] have an OD type of product, where a customer with surplus can sweep it into mortgage and draw it back later on...[These] are products that can be offered only in banking system," Rangan added.