Bharucha Partners close DCBs 100 Crore QIP

Bharucha & Partners have closed the Rs. 100 crore (20.8 Million) QIP of Development Credit Bank. Name Partner Alka Bharucha led the transaction, assisted by Senior Associate Vishnu Dutt. Speaking to Bar & Bench, Vishnu said, “A QIP is one of the easier forms of capital market transactions, but in a Bank’s QIP there are a lot more regulatory issues that we need to look at before signing off, unlike other QIPs.”