Ahead of possible changes to the holding norms proposed by the central bank, HDFC Bank is keen to onboard a large investor in HDB Financial before it goes public
HDFC could consider an initial public offering of the consumer lending unit as an alternative, one of the people said
The State Bank of India-led consortium, which rescued Yes Bank in 2020, is now considering selling its stake.
Faced with a shrinking economy and tepid loan demand at home, Japan's largest banks are looking to bolster their presence in India, enthused by Prime Minister Narendra Modi's reform agenda and improving ties between the two countries