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India

HDFC Bank to offload Rs 10,000 cr worth stake in Rs 12,500 cr IPO of HDB Financial Services

economictimes.indiatimes.com 19-10-2024 04:10 0.5 Minutes reading
#Infrastructure #Digital #Anc #A
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.
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