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Last Updated : Jul 01, 2019 03:46 PM IST | Source: Moneycontrol.com

3-Point Analysis | Can HDB Financial Services create value for HDFC Bank?

Reports suggest that investors are buying shares of the unlisted HDB at a price of around Rs 1,000 per piece in the grey market.

Moneycontrol News @moneycontrolcom

HDFC Bank is planning to list its non-banking subsidiary, HDB Financial Services in FY20, to raise up to Rs 10,000 crore.

Reports suggest that investors are buying shares of the unlisted HDB at a price of around Rs 1,000 per piece in the grey market, thus valuing HDB at around Rs 79,000 crores, a premium valuation for a non-banking finance company.

Moneycontrol's Sakshi Batra does a 3-Point Analysis on how the potential listing can add to HDFC Bank's stock performance and what investors should do?

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First Published on Jul 1, 2019 03:46 pm
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