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flag Six Indian firms, led by HDB Financial Services, get approval to raise ₹21,600 crore via IPOs.

flag Six Indian companies, including HDFC Bank's subsidiary HDB Financial Services and solar firm Vikram Solar, have received approval from SEBI to raise about ₹21,600 crore through IPOs. flag HDB Financial Services plans to raise ₹12,500 crore, with ₹10,000 crore from HDFC Bank selling its stake. flag The IPOs aim to fund expansion and debt repayment, aligning with the RBI's mandate for financial services firms to list by FY25.

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