ilmscore | HDB Financial Services IPO - Promoter Ownership Predictions
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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.
"Our promoter may be required to significantly reduce its ownership in our company that is to less th..."
Jun 24, 2025
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