Articles for tag: Banks, Crore, Financial, Future, Growth, Guidance, HDB, HDFC, IPO, Launched, Promising, Robust, Services, Showcasing

Market News

HDB Financial Services launched a Rs 2,500 crore IPO, showcasing robust growth and a promising future under HDFC Bank’s guidance.

HDB Financial Services launched a Rs 2,500 crore IPO, showcasing robust growth and a promising future under HDFC Bank’s guidance.

HDB Financial Services Ltd, a part of the HDFC Group, has received approval for its initial public offering (IPO), aiming to raise up to Rs 2,500 crore. This IPO includes a fresh issuance of shares and an offer for sale by existing shareholders, pending necessary approvals and Market conditions. Currently, HDFC Bank holds a significant ...

Market News

HDFC Bank is negotiating to offload Rs 8,400 crore in loans to strengthen finances amid rising credit-to-deposit ratio concerns.

HDFC Bank is negotiating to offload Rs 8,400 crore in loans to strengthen finances amid rising credit-to-deposit ratio concerns.

HDFC Bank, India’s largest private lender, is negotiating with global banks like Barclays, Citigroup, and JPMorgan to sell around Rs 8,400 crore (about $1 billion) in loans. This move aims to improve its credit-to-deposit ratio, which has been under pressure due to rapid loan growth compared to deposits. The bank is also in talks with ...

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