Emirates NBD Capital India hires Sachin Khandelwal
Emirates NBD Capital India has hired Sachin Khandelwal to lead its equity capital markets business, according to three people familiar with the matter. Five to six other professionals are expected to join his team at the Dubai-based lender in the coming months.
The move has not been announced publicly. Khandelwal was managing director and co-head of equity capital markets at Nuvama Group before joining Emirates NBD Capital India.
What Emirates NBD Capital India does
Emirates NBD is based in Dubai and maintains operations in West Asia, North Africa, Europe and Asia, including branch operations in India. It provides retail, corporate and investment banking services.
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Khandelwal previously managed execution for equity capital market transactions at Nuvama, including initial public offerings, qualified institutional placements, rights issues and block trades. He spent over 18 years at Nuvama, which was earlier called Edelweiss Financial Services Ltd.
Emirates NBD in India
Emirates NBD set up operations in India in 2017 and applied for an investment banking licence in late 2025. Companies listed on the National Stock Exchange have a combined market capitalization of over $5 trillion.
The execution question
An industry executive, who was not identified, said: “A strong ECM execution team will be an easy deal puller for Emirates. It will help bring in mandates, influence clients and drive execution.”
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