Thursday, 8 October 2026
Venture Intelligence News

Debt Debt Financing

HDFC Bank's NBFC arm HDB Financial shelves IPO, opts for NCD

Source Economic Times (opens in a new tab)

HDB Financial Services, the NBFC arm of HDFC Bank, has shelved its plans to float an initial public offering (IPO) and instead plans to raise over INR 8,600 crore via debt.