Standard Chartered Bank

“on Tuesday began selling its shares in India”

“The price band for the offering is 100 (£1.47; $2.10) to 115 rupees per IDR.”

“will issue 240 million IDRs through the offer”

“where it opened its first branch more than 150 years ago”

“When the issue closes on Friday, the bank will list its IDRs in June on the Mumbai and the National stock exchanges.”

“has raised $537m in India”

“was more than twice oversubscribed”

“will issue 240 million IDRs at a price of 104 rupees (£1.55; $2.24) each”

“by 11 June”

“opened its first branch more than 150 years ago”