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HDFC Bank planning ₹10,000 crore IPO of HDB Financial: Reports

HDFC Bank planning ₹10,000 crore IPO of HDB Financial: Reports

The country's largest private sector lender HDFC Bank is reportedly eyeing an IPO of its non-bank lending unit HDB Financial Services, that could see the company raise over ₹10,000 crore. HDFC Bank held a 95.53% stake in the company as on March 31. The lender is likely to target the IPO within this fiscal, reports said.

Topic: #hdfc bank
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