Kotak Mahindra Bank had an excellent year in equity capital markets. During Euromoney’s awards period of April 2023 to May 2024, Kotak ranked top of the ECM bookrunning league table for India, with credits for $5.4 billion in deal value from 53 deals, giving it a 10.76% market share and a clear lead over second place Citi with an 8.69% market share.
Its deal roster was also varied, showing that Kotak doesn’t discriminate between big and small deals, so long as they are lucrative and give the bank a chance to provide additional value.
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