India's BSE Ltd, operator of Asia's oldest stock exchange, has chosen 14 banks for its initial public offering planned for the first half of 2013, its chief executive said on Thursday.
Bank of America Merrill Lynch, JPMorgan, Barclays Capital, UBS and the arms of Indian banks Kotak Mahindra Bank and ICICI Bank are among the lead managers of the planned IPO, he told Reuters.
"The process is on. We are
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