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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.
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.
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,
5h
India ex-official charged in US murder plot was arrested in Delhi attempted murder case
Vikash Yadav directed a plot to kill Gurpatwant Singh Pannun, a dual U.S.-Canadian citizen, the U.S. indictment says.
3h
Why fight for justice isn't over in India's 'horrific' widow-burning case, 37 years on
The death of the 18-year-old in Deorala village on 4 September 1987 was a huge public spectacle. Watched by hundreds of ...
1h
India Boom Set to Drive Private Credit and Bond Expansion: Credit Weekly
Talk with anyone in international finance now, and the discussion will sooner or later turn to India. The country’s bonds are ...
2h
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 ...
5h
With Unusually Forceful Words, Canada Charges India With a Criminal Conspiracy
Canada expelled six Indian diplomats after the police said they had evidence that India used intimidation and even murder to ...
29m
on MSN
Stats - India's comeback, their second-new-ball collapse and Pant's dubious record
4 India batters, who in the second innings, outscored their team's first-innings total of 46: Rohit Sharma (52), Virat Kohli ...
5h
on MSN
India's HDFC Bank beats quarterly profit forecast, margins dip slightly
HDFC Bank, India's largest private lender, beat analysts' forecasts for July-September profit on Saturday, helped by higher ...
2d
on MSN
India Made 'Horrific Mistake' With Alleged Interference in Canada: Trudeau
The Canadian prime minister criticized India Wednesday over its alleged interference in the "safety and sovereignty of Canada ...
International Cricket Council
9m
Sarfaraz Khan confident of India’s chances on day five
Sarfaraz Khan, the star batter who scored his maiden Test century, emphasized that the first Test against New Zealand is far ...
17h
on MSN
Demonstrators beat effigy of India’s prime minister outside courthouse after hearing
Demonstrators who blame the Indian government for a murder-for-hire scheme targeting a Sikh separatist leader living in New York City have protested outside a Manhattan courthouse after a hearing for ...
1d
on MSN
How the India-Canada fallout could affect trade and immigration
The stakes for both countries are high as the rift over allegations that India ran a campaign to intimidate Sikh separatists ...
3h
on MSN
Cricket-New Zealand dismiss India for 462, need 107 for memorable win
India were in danger of suffering their first home test loss to New Zealand since 1988, despite Sarfaraz Khan's 150 and ...
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