Khaitan, Dorsey on IndusInd's $675M Share Sale
The Indian bank placed shares with institutional investors in order to boost its reserve capital.
August 28, 2015 at 01:36 AM
1 minute read
Khaitan & Co. and Dorsey & Whitney had the lead roles on the recent $675 million share placement of India's IndusInd Bank Ltd.
The Mumbai-based retail bank sold the shares at to both domestic and international institutional investors. The money raised will be used to boost IndusInd's capital reserves and further grow the business.
Khaitan executive director Sudhir Bassi, who worked from Mumbai, led the firm's team advising IndusInd.
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