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HDFC Bank is in initial talks with private credit funds to sell a 20% stake in its IPO-bound lending arm, HDB Financial Services, according to sources. This move is part of HDFC Bank's strategy to raise funds for HDB Financial Services ahead of its planned initial public offering (IPO). The discussions are still in the early stages, and the bank is exploring options with both domestic and international credit funds.
#HDFCBank in talks with credit funds to sell 20% of HDB Financial HDFC Bank Ltd is in initial talks with private credit funds to sell a stake in its IPO-bound lending arm, HDB Financial Services, people familiar with the development said. The talks with domestic credit funds are…
BREAKING: Legal & General-backed Salary Finance in advanced talks about merger https://t.co/cEUcBgja3z
Sky News has learnt that G Network, whose investors include Britain's university lecturers' pension scheme, is working with bankers to field takeover interest Read more🔗 https://t.co/z14cU1h1V5
