HDFC Bank Limited announced its Board of Directors has approved a major Offer for Sale (OFS) of equity shares in its subsidiary, HDB Financial Services (HDBFS), as part of the company’s Initial Public Offering (IPO). The announcement, made on October 19, 2024, detailed that HDBFS aims to raise ₹12,500 crore through this IPO, with ₹2,500 […]
HDB Financial Services Ltd, a non-banking financial arm of HDFC Bank, is poised to make waves in the Indian financial market with its upcoming initial public offering (IPO), potentially raising a whopping ₹2,500 crore. This IPO comes at a time when the company is riding high on robust growth figures and aligning with regulatory requirements. […]
