Walmart sees financial services as a growth opportunity, with PhonePe and Flipkart driving monetisation prospects. A report by Bernstein Research suggests India’s ecommerce market could double by 2025.
HDFC Bank approves IPO of HDB Financial Services with fresh equity sale of Rs 2,500 crore
HDB Financial Services IPO: The IPO comprises a fresh equity sale of Rs 2,500 crore and an offer-for-sale component, allowing existing shareholders to divest their