HDB Financial Services is expected to raise ₹12,500 cr via IPO, including fresh equities worth ₹2,500 cr and OFS of shares worth ₹10,000 cr by parent HDFC Bank.
Shares of HDFC Bank on Monday morning climbed more than 3.50 per cent after the firm posted a 6 per cent rise in September quarter net profit on a consolidated basis. The stock increased 3.53 per cent ...
Investors will be watching the performance of players like Bajaj Housing Finance, Gravita India, Cyient DLM, Union Bank of India, City Union Bank, Mahindra Logistics, among others.
The consensus view is that the bank is on a stable path to address post-merger challenges as NII, profit metrics grow and credit to deposit ratio drops ...