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HomeIndiaIndia's HDB Financial Services to raise $299 million via IPO

India’s HDB Financial Services to raise $299 million via IPO

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BENGALURU (Reuters) – India’s HDB Financial Services, a unit of HDFC Bank, has approved raising 25 billion rupees ($299 million) through a fresh issue of shares in its initial public offering, the lender said on Friday.

($1 = 83.5190 Indian rupees)

(Reporting by Nishit Navin; Editing by Varun H K)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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