ilmscore | Prediction Details
"Our promoter may be required to significantly reduce its ownership in our company that is to less than 20% or such higher percentage with the prior RBI approval on account of over overlapping business with our promoter. So basically HDFC bank business and HDB financial services business is overlapping and one of the members of our promoter group if the draft circular issued by RBI on 4th October 2024 is implemented in its current form which may have a material adverse impact on our business operations, financial position and share price."
By CA Rachana Phadke Ranade | June 24, 2025 | Pending
From video
HDB Financial Services IPO at Heavy Discount? | CA Rachana Ranade 00:08:06 - 00:08:44
Interpreted Prediction
The RBI draft circular from October 4, 2024, if implemented as is, could force HDFC Bank (the promoter) to reduce its ownership in HDB Financial Services to below 20% due to overlapping businesses. This could negatively impact HDB's operations, finances, and share price.
AI Evaluation Notes
To determine the accuracy, I need to verify whether the RBI draft circular was implemented as is, and if HDFC Bank reduced its ownership in HDB Financial Services to below 20%. I will use search to check for updates on the RBI circular and HDFC Bank's ownership in HDB Financial Services.

Prediction Details

Topic
HDB Financial Services IPO - Promoter Ownership

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