Under the new CEO, Federal Bank is addressing inefficiencies, targeting RoA of 1.4 per cent and RoE of 15.6 per cent and a cost-to-income ratio of 48.8 per cent by FY28, stock analysts noted.

With a price band of Rs 700 to Rs 740 per share, the three-day issue includes a Rs 2,500 crore fresh issue and a Rs 10,000 ...

HDB Financial Services' upcoming IPO includes a fresh issue of ₹2,500 crore and an offer for sale (OFS) of ₹10,000 crore by ...

India’s largest NBFC public issue, HDB Financial Services, will hit the primary market today at a price band ₹700-740 a share ...

HDB Financial Services raised 33.69 billion rupees ($392 million) from anchor investors ahead of its $1.5 billion initial public offering (IPO), which is set to be India’s largest share sale so far ...