Скачать или смотреть 💰HDB Financial IPO‼️Hold or Sell⁉️

💰HDB Financial IPO: Hold or Sell?

🔹 Business Mix:
• Enterprise Lending – 39% (Biz Loans, Gold Loans, etc.)
• Asset Finance – 38% (CV, Construction, Tractor Loans)
• Consumer Finance – 33% (2W, Auto, Micro, Personal Loans)

🔹 Valuation Check (P/B Ratio):
• HDB Financial – 3.2x
• Bajaj Finance – 5.93x
• Chola – 5.52x
• Shriram Finance – 2.25x
• L&T Finance – 2.01x

🚨 Why RBI’s Draft Circular Matters:

RBI wants to curb risky lending via NBFC arms of banks.
Banks like HDFC created NBFCs to take higher risks outside tight banking rules.

📉 RBI now proposes:
• No duplication of lending in bank + NBFC group
• Only one entity per business line in a bank group

⚠️ If enforced, this could reshape large banks’ strategies—not just HDFC but Axis, Kotak, etc.

🧠 Bottom Line:
• Draft rules = Uncertainty
• Market doesn’t like uncertainty
• Stay alert for clarity before deciding to hold or exit

👇 What’s your move — Hold or Sell?