IPO Rush: Banks fasten seat belts and bet big to earn big

The uber-rich – and the not-so-rich – aren’t the only folks making serious money this IPO season on D-Street. The otherwise conservative treasury units at high-street lenders are reportedly raking it in as well through the IPO frenzy, with the average Indian saver finally taking a bite into the likes of Zomato. Banks are said to have substantially subscribed to recent issues such as Tatva Chintan Pharma, G R Infraprojects, Clean Science &