November 22, 2024 15:58 (IST)
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HDFC Bank unit HDB Financial Services approves Rs 2,500 cr fundraise

HDFC Bank unit HDB Financial Services approves Rs 2,500 cr fundraise

Mumbai: HDFC Bank's unit HDB Financial Services has approved raising Rs 2,500 crore ($299 million) through a fresh issue of shares as part of its upcoming initial public offering (IPO), Reuters reported, citing the bank’s announcement on Friday.