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Investment banking fees up 6% in 2019 over higher fees in debt segment

Debt capital market underwriting fees totalled $201.2 million, up 108.7 per cent from a year ago - the best-ever first three quarters since records began in 2000

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Axis Bank took the top spot in India’s investment banking fee league table, with 9.6 per cent market share and $75.5 million in related fees. Photo: Shutterstock

Ashley Coutinho Mumbai
The country's investment banking fees rose 5.8 per cent to $783.5 million in the first nine months of 2019, from the year-ago period, led by higher fees in the debt segment, according to a report by Refinitiv.

Debt capital market underwriting fees totalled $201.2 million, up 108.7 per cent from a year ago — the best-ever first three quarters since records began in 2000.

Equity capital market (ECM) underwriting fees stood at $134.2 million, a 4.7 per cent decrease from the same period last year.

Syndicated lending fees fell 5.2 per cent from the comparative period last year and generated

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First Published: Oct 28 2019 | 6:59 PM IST

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