08 Dec, 2025,

BREAKING NEWS: JioStar Abandons $3 Billion ICC Deal Amid Massive Losses - IPL's Future Valuation in Jeopardy

In a dramatic development that threatens to reshape India's cricket broadcasting landscape, Reliance Industries-controlled JioStar has formally notified the International Cricket Council (ICC) th...

08 Dec, 2025,

1726 3

05 Sep, 2024,

664 3

HDFC Bank Aims for $9-10 Billion IPO for HDB Financial Services by Dec...

HDFC Bank Ltd is advancing with its strategic move to take its non-banking subsidiary, HDB Financial Services, public. The initial public offering (IPO) is expected to take place either by December this year or by the close of the current financial year, according to individuals familiar with the matter. The offering is likely to include both a secondary sale of shares and fresh capital infusion,...

05 Sep, 2024,

664 3

04 Sep, 2024,

355 1

HDB Financial Services Prepares for IPO, Consults Global Investment Ba...

HDB Financial Services, the non-banking finance subsidiary of HDFC Bank, is making significant strides towards launching its Initial Public Offering (IPO). The company has begun discussions with several prominent global investment banks to finalize its advisory team, according to a report from The Economic Times.  Engaging with Leading Financial Institutions  The talks currently involv...

04 Sep, 2024,

355 1

23 Aug, 2024,

589 1

HDFC Bank Declines $2 Billion Offer from Japan’s MUFG, Opts for HDB Fi...

In a strategic move, HDFC Bank, India’s leading private sector lender, has decided to reject a $2 billion offer from Mitsubishi UFJ Financial Group (MUFG) of Japan, which sought to acquire a 20% stake in HDB Financial Services, HDFC Bank's non-banking financial company (NBFC) subsidiary. This proposal would have placed HDB Financial Services at a valuation of $10 billion. Instead of going f...

23 Aug, 2024,

589 1

22 Jul, 2024,

520 3

HDFC Bank to List HDB Financial Services by September 2025

India's leading private bank, HDFC Bank Ltd., has given preliminary approval to initiate the listing process for its subsidiary, HDB Financial Services Ltd., through an initial public offering (IPO). The company's board has authorized a committee of directors to oversee the necessary steps for this endeavor, according to an announcement made in an exchange filing on Saturday. The requirement for...

22 Jul, 2024,

520 3

20 Jul, 2024,

474 4

HDFC Bank Engages Private Credit Funds for Potential Stake Sale in HDB...

HDFC Bank Ltd is in preliminary discussions with private credit funds to sell a stake in its lending arm, HDB Financial Services, which is preparing for an IPO. The bank is evaluating HDB Financial's value, with five domestic credit funds each considering acquiring a 4-7 percent stake in the non-bank lender. These talks are at an early stage, and valuations are crucial for the deal to proceed. Pr...

20 Jul, 2024,

474 4

26 Jun, 2024,

364 4

HDB Financial Services to Raise Rs 500 Crore through Bond Reissue

HDB Financial Services has announced plans to raise Rs 500 crore ($59.85 million) by reissuing bonds that are set to mature in September 2027. This move was disclosed by three bankers on Friday.  The reissued bonds will carry an annual yield of 8.35%, making them an attractive investment option for institutional investors and banking institutions. HDB Financial Services has scheduled a biddi...

26 Jun, 2024,

364 4

23 Apr, 2024,

2469 6

HDFC Bank Explores Options for HDB Financial Services Listing to Meet...

In a strategic move to meet regulatory requirements and enhance its financial positioning, HDFC Bank is actively considering various options regarding its non-banking arm, HDB Financial Services. While not confirming any definitive plans to sell its stake, the bank hinted at potential proposals in its recent earnings call. CFO of HDFC Bank, Srinivasan Vaidyanathan, emphasized that their investmen...

23 Apr, 2024,

2469 6

22 Apr, 2024,

3547 8

Analyzing the Financial Performance of HDB Financial in Fy23-24: A Com...

In the fast-paced world of finance, HDB Financial Services is gearing up for an IPO, making waves in India's banking scene. Known for its unique journey and place in the market, HDB Financial Services grabs attention. This analysis takes a close look at HDB's financial journey, exploring its growth, revenue, profits, asset quality, and how investors see it. By carefully studying HDB's financial pe...

22 Apr, 2024,

3547 8

14 Apr, 2024,

301 3

Mitsubishi UFJ Financial Group Eyes $2 Billion Investment in HDB Finan...

Mitsubishi UFJ Financial Group Inc (MUFG) is in advanced talks to inject up to $2 billion into HDB Financial Services Ltd, a subsidiary of HDFC Bank Ltd, potentially valuing it at $10 billion. The discussions coincide with HDB Financial Services' IPO preparations, as hinted by HDFC Bank's CFO earlier. MUFG's interest signals its desire to expand in India's financial market, following a previous i...

14 Apr, 2024,

301 3