HDFC Bank approves HDB Financial Services IPO worth Rs 12,500cr
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 […]