Clifford Chance continues work on India’s top banking deals

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Clifford Chance has continued its work on India’s biggest deals, this time advising the managers of Bandhan Bank’s US$687m listing.

The global law firm advised Kotak Mahindra Capital, Axis Capital, Goldman Sachs (India) Securities, JM Financial, and J.P. Morgan India, which managed the initial public offering on the Bombay Stock Exchange and the National Stock Exchange of India.

The deal continues Clifford Chance’s work on major India transactions, with the firm having now advised on three of the most prominent banking deals in the country in the past 12 months.

Clifford chance was also involved in the US$901m qualified institutions placement of Kotak Mahindra Bank, the second-largest ever Indian-qualified institutions placement. The firm also advised on the US$386m qualified institutional placement of Federal Bank.

The global law firm’s team on the Bandhan Bank IPO was led by partner Rahul Guptan. He was supported by partner Johannes Juette, senior associate Jonathan Crandall, and associate Joshua Damm.

New York partner Avrohom Gelber provided US tax advice.


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