HDB Financial Services is expected to raise ₹12,500 cr via IPO, including fresh equities worth ₹2,500 cr and OFS of shares worth ₹10,000 cr by parent HDFC Bank.
HDB Financial Services, founded in 2007, offers secured and unsecured loans and operates more than 1,680 branches across ...
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The consensus view is that the bank is on a stable path to address post-merger challenges as NII, profit metrics grow and credit to deposit ratio drops ...
The HDB Financial Services IPO will include a fresh equity issuance worth Rs 2,500 crore, alongside a Rs 10,000-crore offer ...
HDFC Bank's board has approved a Rs 12,500 crore IPO for its subsidiary, HDB Financial Services, featuring a mix of fresh ...
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Income from distribution of third-party products surged 33% in Q2, while income from payments and card business also went up ...
The bank's management has previously stated its intention to grow advances at a slower pace than deposits it aims to pursue ...
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HDFC Bank , India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the next ...