HDB Financial Services is expected to raise ₹12,500 cr via IPO, including fresh equities worth ₹2,500 cr and OFS of shares worth ₹10,000 cr by parent HDFC Bank.
HDFC Bank (CMP: Rs 1,681; Mcap: Rs 12,82,848 crore; Rating: Overweight) posted steady earnings after a very long period in the second quarter of FY25 (Q2 FY25). There were improvements on multiple ...