($1 = 82.3550 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Savio D'Souza)
MUMBAI, March 14 (Reuters) - India's IDFC First Bank Ltd plans to raise funds through the sale of certificates
of deposit maturing in three months, three merchant bankers said
on Tuesday.
The private lender will offer a yield of 7.52% on the issue
and has received commitments worth around 5 billion rupees
($60.71 million) so far, the bankers said.
The notes are rated A1+ by CRISIL.
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