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Credila Financial Files for ₹5,000 Crore Public Issue

The New Indian Express Tadepalligudem

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December 29, 2024

CREDILA Financial Services, formerly HDFC Credila Financial Services, has filed the pre-filed draft papers with markets regulator Sebi for an initial public offer through which it plans to raise ₹5,000 crore.

- ENS ECONOMIC BUREAU @ Mumbai

Credila Financial is the largest education loan provider in the country. The mortgage major HDFC was forced to sell it in the run-up to its reverse merger with its banking arm HDFC Bank, which came into play from last July.

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