Axis Bank acted as arranger for 127 bond issues for an amount of Rs. 92,904.5 crore and ended the year 2022 with a market share of 19.2%.
“This benchmark exhibits the Bank’s agility to adapt to the changing times and reflects the confidence of our clients in the Bank’s capabilities,” said Neeraj Gambhir, Head – Treasury, Markets & Wholesale Banking Products, Axis Bank. “Our synergised the effort One Axis’ approach has helped us establish leadership position across the capital markets.”
In a challenging interest rate environment, the corporate bond market witnessed a lower issuance activity for the major part of the year. However, volumes picked up in the last quarter of calendar year 2022, eventually ending at a marginally higher volume vis-a-vis the last year. Total volumes arranged in 2022 was approximately Rs. 4,83,770 crore, against Rs. 4,17,055 crore for 2021.
