Hdfc Bank (HDB) has released an update.
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HDFC Bank’s subsidiary, HDB Financial Services, has revised its filing for an Initial Public Offering, increasing the offer for sale amount to ₹100,000 million. This move reflects their intention to raise a substantial capital, attracting attention from investors in the financial markets. The IPO will consist of a fresh issue of shares worth ₹25,000 million, subject to regulatory approvals and market conditions.
For further insights into HDB stock, check out TipRanks’ Stock Analysis page.
