Multiple Choice Questions on HDFC Bank rsquo s HDB Financial Services secured board approval for IPO ........ for SBI (Clerical) Exam Preparation

Banking Awareness

Current GK (SBI-CL)

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Indian Economy - Understanding the basics of Indian economic system

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    HDFC Bank’s HDB Financial Services secured board approval for _______ IPO.

    Rs. 2,500-crore

    Correct Answer

    Rs. 5,500-crore

    Incorrect Answer

    Rs.3,500-crore

    Incorrect Answer

    Rs. 7,500-crore

    Incorrect Answer
    Explanation:

    HDB Financial Services Ltd, a non-banking subsidiary of HDFC Bank, has approved plans for an initial public offering (IPO) that will include a fresh equity issue worth Rs 2,500 crore and an offer for sale by existing shareholders. 


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