HDFC Bank To Sell Up To Rs 10,000 Cr Shares Via OFS
HDFC Bank to list its arm HDB Financial Services, in what will be the largest IPO in the NBFC space
Of the Rs 12,500 crore IPO, Rs 10,000 crore is the shares that HDFC Bank intends to sell. The board of directors have approved the IPO
HDFC to sell up to Rs 10,000 crore shares in HDB Financial IPO
HDB Financial Services is coming with an IPO to comply with the Reserve Bank of India's mandate in October 2022, requiring NBFCs in the upper layer to list on the stock exchanges.
HDB Financial IPO: HDFC Bank's NBFC Arm To Raise Rs 12,500 Crore, HDFC To Offload Rs 10,000 Crore
HDB Financial Services Ltd (HDBFS), a subsidiary of India’s largest private-sector lender HDFC Bank, is gearing up for a market debut. The non-banking financial company (NBFC) plans to raise Rs 12,500 crore through its much-anticipated initial public offering (IPO),
HDFC Bank shares jump 3% on Q2 beat, IPO nod. Should you buy, sell or hold?
Shares of HDFC Bank rose 3% to Rs 1,734 on BSE after it reported a 5.3% YoY rise in PAT for Q2, surpassing Street estimates. The bank received board approval for the IPO of its NBFC subsidiary HDB Financial Services.
HDFC Bank shares zooms nearly 3% as board approves HDB Financial Services IPO worth Rs 12,500 cr
The HDB Financial Services IPO will include a fresh equity issuance worth Rs 2,500 crore, alongside a Rs 10,000-crore offer for sale by HDFC Bank, totaling Rs 12,500 crore. HDFC Bank, which holds a 94.
HDFC Bank Approves $1.5 Billion IPO of Unit HDB Financial
HDB Financial Services Ltd., a unit of India’s largest private sector lender, HDFC Bank Ltd. plans to raise as much as 125 billion rupees ($1.5 billion) through an initial public offering, further adding to big debuts in the nation’s equity markets.
HDFC Bank's board approves ₹12,500 cr IPO for HDB Financial; stock up 3% on steady Q2
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.
HDFC Bank board okays HDB Financial's Rs 12,500 crore IPO
HDFC Bank's board has approved a Rs 12,500 crore IPO for its subsidiary, HDB Financial Services, featuring a mix of fresh issues and offers for sale. The IPO includes Rs 10,000 crore in offer for sale and Rs 2,
HDFC Bank arm to come out with Rs 12,500 crore IPO
HDB Financial Services (HDBFS), a subsidiary of HDFC Bank, will come out with a Rs 12,500 crore public issue, the bank said in an exchange filing. HDBFS public offer is set to be the biggest issue from a financial services company so far.
HDFC Bank To Raise Rs 10,000 Crore Through HDB Financial Services IPO
HDFC Bank, the parent company of HDB Financial Services Ltd, plans to sell shares valued at Rs 10,000 crore through an offer-for-sale (OFS) as part of the upcoming initial public offering (IPO). Currently,
HDB Financial Services to float ₹12,500 crore IPO, parent HDFC Bank to sell ₹10,000 crore worth of its shares in OFS
HDB Financial Services, a subsidiary of HDFC Bank will go for a ₹12,500 crore IPO amid RBI mandate for ‘upper layer’ NBFCs to get listed
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HDFC Bank sees pre-merger loan-to-deposit ratio in 2-3 years, CFO says
Mumbai: HDFC Bank, India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the ...
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HDFC Bank Q2 Results: Net Profit Rises 5% Led by NII; Asset Quality Worsens
Higher net interest income helped HDFC Bank Ltd to report a 5% on year rise in net profit for the September quarter at Rs ...
HDFC Bank Q2 Results: Net profit rises 5.3% to ₹16,821 crore, NII up 10% YoY; Asset quality declines
India’s largest private lender’s total income increased to ₹85,500 crore during the quarter under review, compared to ₹78,406 ...
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HDFC Bank aims to reduce CD ratio, plans slower loan growth in FY25
The country's largest private sector lender HDFC Bank on Saturday said it will grow its loan book slower than the industry in ...
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HDFC AMC joins ONDC Network to expand mutual fund access to low-income groups
HDFC AMC said its partnership with ONDC will enhance access to mutual fund investment products, particularly in underserved ...
HDFC Bank Profit Beats Estimates on Strong Deposit Growth
HDFC Bank Ltd., India’s largest private lender, second-quarter profit came ahead of analysts’ expectations helped by strong ...
India's HDFC Bank sees pre-merger loan-to-deposit ratio in 2-3 years, CFO says
HDFC Bank, India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the next two ...
HDFC delivers on promised cross-selling
Income from distribution of third-party products surged 33% in Q2, while income from payments and card business also went up ...