HDB Financial IPO: HDFC Bank clears subsidiary’s IPO plan to raise ₹2,500 crore via fresh issue plus OFS | Stock Market News
Source: Live Mint HDB Financial Services, a subsidiary of India’s biggest private lender, HDFC Bank, received the board’s nod for an initial public offering (IPO) of equity shares on Friday. The IPO will comprise a fresh issue of shares worth ₹2,500 crore and an offer for sale (OFS) by existing shareholders, HDFC Bank informed in…