(Bloomberg) — Axis Bank Ltd., India’s third-largest private sector lender, has picked advisers including BNP Paribas SA and Credit Suisse Group AG to manage its proposed share sale, according to people familiar with the matter.The Mumbai-based lender has also chosen HSBC Holdings Plc and UBS Group AG for the offering, the people said, asking not to be named as the information is not public. Axis Bank plans to seek at least $1.3 billion from institutional investors, though it hasn’t finalized the fundraising target, the people said.The sale could come as soon as the end of August and Axis Bank may …read more
Source:: Yahoo Finance
