HDFC Bank, Financial Services and HDB
HDFC Bank to offload Rs 10,000 cr worth stake in Rs 12,500 cr IPO of HDB Financial Services
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.
HDFC Bank Approves $1.5 Billion IPO of Unit HDB Financial
HDB Financial Services Ltd., a unit of India’s largest private sector lender, HDFC Bank Ltd. plans to raise as much as 125 billion rupees ($1.5 billion) through an initial public offering, further adding to big debuts in the nation’s equity markets.
HDFC Bank to sell up to Rs 10,000-crore shares in HDB Financial IPO; total public issue size at Rs 12,500 crore
HDB Financial Services is preparing for its public market debut, expected by the end of the current financial year. The listing is expected to unlock additional value for its parent company HDFC Bank.
India's HDB Financial to raise up to $1.5 billion in IPO
India's top private lender HDFC Bank said on Saturday its HDB Financial Services unit will raise up to 125 billion rupees ($1.5 billion) in its initial public offering (IPO). Parent HDFC Bank, which holds a 94.
HDB Financial Services IPO: HDFC Bank to offload Rs 10,000 crore of shares, total issue size stands at Rs 12,500 crore
The much-anticipated IPO of the unit is expected by the end of the current financial year. The offer for sale (OFS) of shares held by HDFC Bank is subject to market conditions, regulatory approvals, and other considerations,
India's HDFC Bank sees pre-merger loan-to-deposit ratio in 2-3 years, CFO says
HDFC Bank , India's largest private lender, aims to lower its loan-to-deposit ratio (LDR) to pre-merger levels in the next ...
HDFC Bank Profit Beats Estimates on Strong Deposit Growth
HDFC Bank Ltd., India’s largest private lender, second-quarter profit came ahead of analysts’ expectations helped by strong ...
HDFC Bank Q2 FY25 Preview: Private sector banking giant likely to clock 10% growth in net interest income; here is what else you can expect today
The country's largest private sector lender is scheduled to report its financial results for the second quarter of the ...
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HDFC Bank's Q2 results: Net profit rises to over ₹16,800cr
HDFC Bank has reported a 5% year-on-year (YoY) increase in its net profit for the second quarter of FY25, reaching ₹16,821 ...
HDFC Bank expects slower credit growth in FY25; maintains steady NIMs amid rate cut prospects
The Reserve Bank of India's rate cut in future will not have much of an impact on its net interest margin (NIMs) and HDFC Bank will maintain NIMs in its current range, Jagdishan said.
HDFC Bank Q2 Results: Net Profit Reached Rs 16,820 Cr; NII Rises 10% Rs 30,114 Cr
On HDFC Bank said that its net profit for the second quarter of the fiscal year 2025 was Rs 16,820 crore, up 5% from Rs ...
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How private lenders HDFC, Kotak Bank and RBL fared in July-September quarter
HDFC Bank and Kotak Mahindra Bank witnessed a rise in profits, while their smaller rival RBL Bank saw a decline in profits ...
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HDFC Bank Q2 profit soars 5% to ₹16,821 crore
HDFC Bank on Saturday posted a marginal 5 per cent increase in its standalone profit at Rs 16,821 crore in the second ...
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HDFC Bank Q2 results: Private Lender Recorded 5% Jump In Net Profit
The bank reported a net interest income (NII) of Rs 30,110 crore for Q2 FY25, reflecting a 10 per cent increase compared to ...
HDFC Bank Q2 Results Live Updates: PAT rises 5% YoY to Rs 16,821 crore, beats Street estimates
HDFC Bank, India's largest private sector lender, posted a 5.3% year-on-year (YoY) increase in standalone profit after tax ...