Credit Suisse expands focus on India cross-border DCM coverage

Ankur Khurana, a director at Credit Suisse, has assumed a new role in Indian debt capital markets DCM coverage and has been tasked to lead cross-border DCM coverage for Indian borrowers. Khurana will continue to be based in Mumbai and reports to Derek Armstrong, head of DCM for Asia-Pacific and Rahul Chawla, head of the global markets solutions group for India.

According to an internal memo on April 26, which was signed by Armstrong and Chawla, Khurana’s primary responsibility is to drive cross-border DCM products, an area where the firm sees growing client activity. This includes Indian borrowers issuing in Swiss francs and other offshore currencies such as...