HDB Financial Services Ltd (HDBFS), a subsidiary of India’s largest private-sector lender HDFC Bank, is gearing up for a market debut. The non-banking financial company (NBFC) plans to raise Rs 12,500 crore through its much-anticipated initial public offering (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 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.

The parent firm HDFC Bank, which holds a 94.6 per cent in HDB Financial Services Ltd, will sell shares worth ₹10,000-crore via an offer-for-sale as part of the IPO.

MUMBAI: The country’s largest private-sector lender HDFC Bank has approved a bumper Rs 12,500 crore initial share sale in its non-banking arm HDB Financial Services under which the promoter will be selling shares worth Rs 10,

HDFC Bank, the parent company of HDB Financial Services Ltd, plans to sell shares valued at Rs 10,000 crore through an offer-for-sale (OFS) as part of the upcoming initial public offering (IPO). Currently,