The discussions are preliminary in nature, but with the management confident of asset quality improving in a post-pandemic economy, this is the right time to kickstart a monetisation exercise, said experts. Some HDFC Group watchers also see this as a precursor to an eventual listing.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/hdfc-bank-eyes-strategic-investor-in-nbfc-arm-sees-9-billion-valuation/articleshow/86798673.cms
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