HDB Financial launches Rs 12,500 crore IPO amid regulatory challenges

HDFC Bank is set to dilute its stake in its NBFC arm as the RBI pushes for public listing and ownership restructuring.

24 June, 20252 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

The growing unease of EaseMyTrip’s investors

The online travel aggregator is struggling to grow now more than ever. Meanwhile, its promoters' stake sales reveal a pump and dump pattern that does little to ease shareholders’ concerns.

Business
Story image

Milky Mist is a rare best-of-both-worlds business

IPO-bound Milky Mist is a dairy company that operates like an FMCG player. Its unique business model and ambitious promoter have served it well thus far. Now for the market test

Business
Story image

HDFC Bank charged with ripping off NRI depositors. Now it is set to pay

Allegations of misselling risky AT1 bonds to retail investors come as a new headache for India’s largest private bank. The regulatory backlash could leave a $100 million hole in its books.