Top Ten Investment Banks in India and Their Noteworthy Deals
Axis Bank: Prominent deals include arranging project financing for renewable energy projects and providing capital market solutions for corporate clients.
Bank of Baroda: Prominent deals include facilitating cross-border transactions and providing financial services for international trade and commerce.
HDFC Bank: Noteworthy deals include advising on the acquisition of a stake in Reliance Jio Platforms by global investors and arranging debt financing for major infrastructure projects.
ICICI Bank - Noteworthy Deal: ICICI Bank's role as the lead banker in the Initial Public Offering (IPO) of LIC (Life Insurance Corporation), which is expected to be one of India's largest IPOs
IndusInd Bank - Noteworthy Deal: IndusInd Bank's acquisition of Bharat Financial Inclusion Limited, a leading microfinance institution, to expand its presence in the rural and underserved markets.
Kotak Mahindra Bank - Noteworthy Deal: Kotak Mahindra Bank's acquisition of ING Vysya Bank, which propelled it into the list of India's top five private sector banks.
Punjab National Bank (PNB) - Noteworthy Deal: PNB's involvement in the Punjab National Bank fraud case, one of the largest banking frauds in India's history, where fraudulent transactions worth over $2 billion were conducted by diamantaire Nirav Modi.
State Bank of India (SBI) - Noteworthy Deal: SBI's acquisition of 51% stake in Yes Bank, a troubled private sector bank, to rescue it from financial distress.
Yes Bank - Noteworthy Deal: Yes Bank's fundraising efforts through a combination of public and private offerings, helping the bank raise capital and restore investor confidence after a period of financial turmoi
IDFC Bank: Infrastructure financing bank, engaged in noteworthy deals like the acquisition of Capital First and the merger with IDFC First Bank.