NSE shortlists 20 investment banks for mega IPO: Report

The National Stock Exchange (NSE) has shortlisted around 20-21 investment banks for its mega initial public offering, Moneycontrol reported. Kotak Mahindra Capital, Citi, JM Financial, JPMorgan Chase, HSBC Securities and Morgan Stanley are among the shortlisted banks. NSE, India's largest stock exchange, received SEBI's no-objection certificate for its long-awaited IPO in January.