India's investment banking activities generated $523 mn in fees in H1CY19
During this period, debt and capital markets underwriting fees stood at $135.1 million, up 98.3 per cent
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India’s investment banking (i-banking) activities generated $522.9 million in fees during H1CY19 (calendar year), up 10.8 per cent over the same period in the preceding year, and the highest since the record $647.7 million for the first half set in CY17.
During this period, debt and capital markets underwriting fees stood at $135.1 million, up 98.3 per cent, while that from equity capital markets touched $103.4 million, a minimal increase of 0.9 per cent. Syndicated-loan fees were at $150.6 million, up 11 per cent. Completed mergers and acquisitions fees slowed to $133.9 million, down 19.2 per cent — the lowest since H1 of 2016 at $70 million.
Axis Bank took the pole position in the i-banking fee league table, with a 9.8 per cent market share and $51.3 million in related fees. It was followed by State Bank of India (7.9 per cent and $41.3 million) and ICICI Bank (7.1 per cent and $37.1 million).
During this period, debt and capital markets underwriting fees stood at $135.1 million, up 98.3 per cent, while that from equity capital markets touched $103.4 million, a minimal increase of 0.9 per cent. Syndicated-loan fees were at $150.6 million, up 11 per cent. Completed mergers and acquisitions fees slowed to $133.9 million, down 19.2 per cent — the lowest since H1 of 2016 at $70 million.
Axis Bank took the pole position in the i-banking fee league table, with a 9.8 per cent market share and $51.3 million in related fees. It was followed by State Bank of India (7.9 per cent and $41.3 million) and ICICI Bank (7.1 per cent and $37.1 million).
Topics : Investment Banks State Bank of India SBI