AXIS bank

State Bank of India’s new $750m five year financing has been launched into syndication after a 10-strong bookrunner group funded the transaction.

The Mumbai branch of HDFC Bank is looking to bag $500m from a syndicated borrowing that was launched at the end of July.

Cairn India Holdings has signed new lenders into a $651m loan that had been in general syndication since late May.

Securities and Intelligence Services plans to raise Rp7.8bn ($121m) from its IPO in India, with bookbuilding expected to kick off next Monday.

SBI Life Insurance Co has filed a preliminary prospectus for its $900m IPO, which will see its two biggest shareholders sell down their stakes.

Footwear maker Khadim India has filed for a listing in the country via two bookrunners, with books expected to open as early as September.

The Indian Renewable Energy Development Agency (Ireda) has been forced to hold off on its plans to sell a green Masala bond due to new regulatory approval requirements.

GarantiBank International (GBI), a Dutch subsidiary of Turkiye Garanti Bankasi, has signed a $250m loan that was oversubscribed by 19 banks, according to a banker on the deal.

Eris Lifesciences has signed up 37 investors as anchors for its Rp17.4bn ($269.5m) IPO in India, setting the stage for its listing with a strong launch message.

Tejas Networks launched its Rp7.8bn ($120.8m) India IPO on Wednesday with Abu Dhabi Investment Authority as the largest anchor investor.

Bombay Stock Exchange-backed Central Depository Services India (CDSL) is set to bring the country’s first IPO of a securities depository, with its Rp5.2bn ($81.4m) deal launching next week.

Piramal Enterprises has mandated Citi, Kotak Mahindra Capital and Morgan Stanley to help it raise Rp50bn ($778m) via a qualified institutional placement, sources said.