HDFC Bank, IPO and Financial Services
HDFC Bank arm to come out with Rs 12,500 crore IPO
HDFC Bank will offload about Rs 10,000 crore worth stake in the proposed IPO. “The board of directors of the bank at its meeting held on October 19 considered and approved the Offer for Sale of such number of equity shares of face value of 10 each of HDBFS aggregating up to Rs 10,000 crore,” the bank said in the filing.
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 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.
HDFC Bank to sell stake worth ₹10,000 cr in HDB Financial IPO; total issue size ₹12,500 crore
Parent HDFC Bank holds a 94.6% stake in HDB Financial Services, which will raise up to ₹12,500 crore via its IPO.
India's HDB Financial to raise up to $1.5 billion in IPO
India's top private lender HDFC Bank said on Saturday its HDB Financial Services unit will raise up to 125 billion rupees ($1.5 billion) in its initial public offering (IPO). Parent HDFC Bank, which holds a 94.
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
HDB Financial mulls $1.5 billion IPO as HDFC Bank moves to sell shares
HDB Financial Services, a subsidiary of India’s largest private lender HDFC Bank , has announced plans to raise up to Rs 12,500 crore in its upcoming initial public offering ( IPO ). HDFC Bank , which owns a 94.
HDFC Bank to offload Rs 10,000 cr worth stake in Rs 12,500 cr IPO of HDB Financial Services
Leading private lender HDFC Bank is set to divest Rs 10,000 crore worth of its stake in HDB Financial Services in a forthcoming IPO. This move comes in response to new regulatory norms and aims to enhance HDB's lending capabilities and digital infrastructure.
HDFC Bank's big update on HDB Financial Services IPO! OFS revealed - Issue size to beat Reliance Power, Zomato
HDFC Bank on Saturday informed that its board has given its nod to the Offer for Sale of equity of up to Rs 10,000 crore in the HDB Financial Services IPO. Currently, HDFC Bank holds 94.64 per cent stake in the company.
HDFC Bank says moderation in credit growth opportunity to improve loan-deposit ratio
The bank’s CD ratio had jumped from 86-87% earlier to 110% following the amalgamation of erstwhile parent HDFC Ltd effective ...
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 ...
HDFC Bank to slow loan book growth in FY25 in order to reduce CD ratio
In FY26, the bank's credit growth will be in line with system growth; in FY27, banks' credit growth to outpace system growth ...
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 ...
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 ...
HDFC Bank Limited (HDB): Is This High Growth Non-Tech Stock Profitable In 2024?
We recently compiled a list of the 10 High Growth Non-Tech Stocks That Are Profitable in 2024. In this article, we are going ...
India's HDFC Bank beats quarterly profit forecast, margins dip slightly
HDFC Bank, India's largest private lender, beat analysts' forecasts for July-September profit on Saturday, helped by higher ...
HDFC Bank Q2 Results Preview: Net profit likely to rise 3%, NII growth seen at 10% YoY; asset quality to remain stable
While the profitability of HDFC Bank is anticipated to remain steady, net interest margin (NIM) is expected to recover ...
Hosted on MSN6h
HDFC Securities Stock Picks: Top 10 Stocks for Diwali 2024
The Indian stock market has witnessed an extraordinary rally over the last four and a half years, particularly since the ...