Sebi expresses concerns over $1.5 billion HDB Financial Services IPO

Sebi expresses concerns over $1.5 billion HDB Financial Services IPO

2025-01-23 05:25:00 : The Securities and Exchange Board of India (Sebi) found that the bank issued shares in a private placement to more than 50 employees of its parent HDFC Bank in 2008, one of three people familiar with the matter said. The regulator now plans to refer the matter to the Union Ministry of … Read more