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
Mankind needs to get its mojo back
Once a stock market darling, the pharma company is bearing the brunt of a costly acquisition.
You may also like
Business
Ujjivan has to change its DNA for a universal banking licence
Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.
Business
The rot at HDFC Bank’s Dubai branch goes deep
The AT1 bond misselling allegations shine a light on the lack of oversight and may end up costing India’s largest private bank dearly.