 "Sonjoy Chatterjee, Chairman & CEO Goldman Sachs India")
Goldman Sachs Group is telling clients in India to fortify their balance sheets to prepare for the uncertainty brought by the coronavirus pandemic.
“Currently, liquidity is the biggest theme among Indian businesses, and we are advising our clients to raise capital,” Sonjoy Chatterjee, the bank’s chairman and chief executive officer (CEO) for India, said in a phone interview.
The Wall Street bank has arranged some of India’s biggest equity offerings this year, according to data compiled by Bloomberg. The share sales include telecommunications carrier Bharti Airtel as well as lender Kotak Mahindra, controlled by Asia’s richest banker Uday Kotak.
Some of those funds
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