India's HDFC Bank seeks to raise $2.5b via share sale

India's HDFC Bank seeks to raise $2.5b via share sale

Photo: Pradeep Gaur/Mint

Private sector lender HDFC Bank Ltd is looking to launch its equity share sale of up to $2.5 billion (around Rs15,000 crore) in a fortnight, while HDFC Asset Management Co. Ltd (HDFC AMC) will be filing its draft initial public offer (IPO) papers, said three people aware of the developments.

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