NBFC arm’s listing signals fresh pain for HDFC Bank
The private sector lender must, perforce, list HDB Financial Services by September 2025. Besides a time crunch, it has to contend with an RBI proposal that could put paid to its valuation hopes—all in the midst of battling crises within.
28 October, 2024•10 min
0
28 October, 2024•10 min
0
More in Business
Business
The smart meter business gets real
Q3 disclosures show that India’s smart meter rollout has crossed a key threshold—moving from promise to shaping revenues, margins and strategy.
You may also like
Business
CSB Bank’s deposits are a ticking time bomb
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.
Business
Yes Bank’s succession problem is a board problem
As Prashant Kumar’s term runs out, boardroom fault lines have left the lender with no clarity on its next CEO—spooking investors and drawing the RBI’s ire.
Business
Q3 earnings lay bare $5 billion migraine for four of India’s top banks
While the earnings have been encouraging, the real challenge lies in addressing the slowing deposit growth and leadership uncertainty.