IDFC First Bank … disclosed plans to raise ₹2,000 crore via a preferential issue to ICICI Prudential Life Insurance Co., HDFC Life Insurance Co., Bajaj Allianz Life Insurance, Dayside Investment (Warburg Pincus group), and the bank’s promoter, IDFC Ltd, among others.

— Mint

AZB & Partners advised Warburg Pincus LLC led by a team of partners Ashwath Rau, Vaidhyanadhan Iyer, Anu Tiwari and Vipul Jain, senior associates Aditya Alok and Sneha Nagvekar.

Update 14 May 2020: J Sagar Associates (JSA) advised IDFC First Bank led by a team of partners Vikram Raghani and Anand Lakra, and associate Ami Shah.

2020-05-01

Deal value: INR 20 Billion / USD 263.96 Million

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