India Dealbook: Bandhan Bank to raise $77m from existing investors; IL&FS Transport rights issue; Swan Energy to raise $185m

Privately-operated Bandhan Bank is looking to raise nearly $77 million from existing investors by the end of this fiscal to fund its expansion, while Swan Energy has received shareholders’ approval to raise nearly $185 million through QIPs, GDRs, ADRs and FCCBs. Besides, IL&FS Transportation Networks will open rights issue worth $114 million on 15 October, proceeds from which will be used to repay loans.