Axis Financial institution acted as arranger for 127 bond points for an quantity of Rs. 92,904.5 crore and ended the 12 months 2022 with a market share of 19.2%.
“This benchmark reveals the Financial institution’s agility to adapt to the altering instances and displays the arrogance of our purchasers within the Financial institution’s capabilities,” stated Neeraj Gambhir, Head – Treasury, Markets & Wholesale Banking Merchandise, Axis Financial institution. “Our synergised efforts by means of the ‘One Axis’ strategy have helped us set up management place throughout the capital markets.”
In a difficult rate of interest surroundings, the company bond market witnessed a decrease issuance exercise for the main a part of the 12 months. Nonetheless, volumes picked up within the final quarter of calendar 12 months 2022, ultimately ending at a slightly larger quantity vis-a-vis the final 12 months. Complete volumes organized in 2022 was roughly Rs. 4,83,770 crore, in opposition to Rs. 4,17,055 crore for 2021.
