NRI businessmen Hindujas on Monday began studying the books of Indian telecom firm Hutch-Essar for which they are understood to have roped in leading Spanish Bank 'Banco Santander' for financing the multi-billion dollar deal.
SBI's Bhattacharya is ranked second on the list, while ICICI's Kochhar is 5th and Axis's Sharma is 19th in the Fortune list
The most preferred CoCo bonds are those through which banks raise their additional Tier-I capital.
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