News From Press India's HDFC Life set to hire four banks to manage up to $500 mln IPO-IFR

India's HDFC Life set to hire four banks to manage up to $500 mln IPO-IFR

Source: Reuters May 6, 2016

HDFC Standard Life Insurance, a joint venture between India's HDFC and Britain's Standard Life Plc, is set to mandate four banks to manage a planned initial public offering worth up to $500 million, IFR reported on Thursday, citing people close to the deal.

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