HDB Financial Services, a subsidiary of HDFC Bank, is planning an IPO to raise capital and reduce HDFC Bank’s stake to 74.2%. While the company has shown strong loan growth, its profitability metrics lag behind larger competitors. Investors are advised to consider potential regulatory changes and await further clarity post-listing, given the valuation and financial performance.
Categories
Business
HDB Financial plans to raise Rs 12,500 crore amidst rising loan growth and regulatory challenges
