"Hi everyone, I’ve recently been selected by HCL and completed my BGV successfully. However, the HR informed me that my offer is on hold from the business side. Just wanted to check if anyone else is in a similar situation or has faced this before? Also, any idea how long it usually takes to get the offer released once it’s on hold? Appreciate any insights. Thanks"

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I'm facing a similar situation. BGV status shows completed in iOnBoard portal. But still Offer not initiated.

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Yes just they say it's in progress for approval

Look elsewhere. They have probably finalized some other candidate or found some issue in BGV. Either way, better to look out.

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I have completed interview and selected but offer is not released and saying take client interview

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