Subscribe for perks & to support LI

Your Interests & Preferences: Personalise your reading

Which best describes your role and/or interests?

I work in a law firm
I work for a company / in-house
I'm a litigator at the bar
I'm a law student
Aspiring law student
Save setting
Or click here to show more preferences...

I am interested in the following types of stories (uncheck to hide from frontpage)

Firms / In-House
Legal Education

Always show me: (overrides the above)

Exclusives & Editor's Picks

Website Look & Feel

Light Text on Dark Background

Save preferences

Note: Your preferences will be saved in your browser. You can always change your settings by clicking the Your Preferences button at the top of every page.

Reset preferences to defaults?

AZB, Desai & D, Khaitan Cal-Del organise Bandhan Rs 1,020 cr investment by IFC, GIC

AZB & Partners advised International Finance Corporation (IFC) and Desai & Diwanji (D&D) advised GIC in their Rs 1,020 crore equity infusion, alongside Small Industries Development Bank of India (SIDBI), into microfinance institution Bandhan, which was advised by Khaitan & Co.

AZB Delhi partners Gautam Saha and Amrita Patnaik and senior associate Pallavi Meena acted for IFC

D&D Mumbai associate partner Jolly Abraham and partners Toral Desai and Shyam Pandya acted for GIC.

Khaitan Kolkata partner NG Khaitan, Delhi partners Bharat Anand and Joyjyoti Misra, Kolkata associate director Sumit Chakraborty and Delhi executive director Paku Khan acted for Bandhan.

IFC's part of the infusion was Rs 344 Crore, SIDBI’s was Rs 35 crore and GIC funded up to Rs 640 crore in Bandhan, according to VCCircle.

Click to show 4 comments
at your own risk
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.
refresh Filter out low-rated comments. Show all comments. Sort chronologically
Like +1 Object -0 DSG 26 May 15, 18:56
Way to go APM!
Reply Report to LI
Like +0 Object -1 vanquish 26 May 15, 22:41
3 among the top 10 firms involved in a deal after a long time.
Reply Report to LI
Like +0 Object -0 VGJ 29 May 15, 18:12
Good show Jolly Abraham!
Reply Report to LI
Like +2 Object -0 OnceUponaTimeinKolkata 30 May 15, 09:20
Must be like Calcutta's biggest transaction ever. Joy Bangla.
Reply Report to LI

Latest comments