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HDFC Bank Plans Major IPO for HDB Financial Services

By Yahoo! Finance   |   Oct 23, 2024 at 06:39 AM EST
HDFC Bank Plans Major IPO for HDB Financial Services

HDFC Bank plans to raise ₹12,500 crore through an IPO by selling equity shares of its subsidiary, HDB Financial Services. The IPO will include fresh shares and an Offer for Sale, with HDFC Bank retaining HDBFS as a subsidiary.

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