Khaitan & Co acted as the Indian legal counsel to the Book Running Lead Managers (BRLMs) in relation to Bandhan Bank Limited’s proposed Initial public offering.Kotak Mahindra Capital Company Limited, Axis Capital Limited, Goldman Sachs (India) Securities Private Limited, JM Financial Institutional Securities Limited and J.P. Morgan India Private Limited were the BRLMs to the issue. Abhimanyu Bhattacharya (Partner), Subhayu Sen (Associate Partner), Oishik Bagchi (Senior Associate), Richa Yadav (Associate) and Devarshi Mukhopadhyay (Associate) advised the BRLMs on the transaction. Bandhan Bank Limited is a commercial bank focused on serving underbanked and underpenetrated markets in India. It has a banking license that permits it to provide banking services pan-India across customer segments. Bandhan Bank currently offers a variety of asset and liability products and services designed for micro banking and general banking, as well as other banking products and services to generate non-interest income.