BETTING BIG ON INFRASTRUCTURE

One of the core areas of focus for the bank has been the infrastructure sector which has shown robust economic fundamentals and has a tremendous potential of bringing in rapid and an inclusive growth in the country. The government, on its part, has been pushing for big ticket infrastructure projects with participation from private as well as public sector banks and financial institutions.
Axis Bank has developed its Capital Markets Advisory Services under Corporate Banking to advise public and private sector clients on capital structuring and funding options with a view to help the clients to help them reduce the cost of funds. The group has also been active in advising the Central and various state governments and their agencies in privatization and bid process management. The group has successfully worked on some of the benchmark transactions in infrastructure development and manufacturing sector covering an entire range of projects across roads, railways, airports, urban infrastructure , maritime, power, oil and gas, petrochemicals, cement, sugar, textiles, steel & allied sectors, auto ancillaries, paper etc. The scope of the bank's corporate advisory services includes feasibility studies, PPP options as well as implementations, revenue enhancement solutions, contracts negotiation and advising on debt or equity sourcing.
Sidharth Rath, president, Infrastructure Business said, "During the last financial year, the bank handled 86 advisory and appraisal mandates and the bank continues to focus on enhancing its presence in project advisory services with considerable success. The Bank has complemented its financial advisory skills with technical advisory skills by forming several alliances." Besides this, the group also offers services, such as project appraisal and underwriting and debt syndication. This forms a very important step as the bank evaluates the viability of the project before moving ahead to raise the necessary debt amount and has resulted in Axis Bank being the market leader in debt syndication with a proven track record. In recognition of its outstanding work and achievements in the infrastructure sector, Axis Bank has been bestowed with numerous coveted awards by reputed media publications.
With a network of over 950 branches across India and an experienced and professionally qualified team, Axis Bank is excited to continue to build up on the growth story. The Bank's website www.axisbank.com offers comprehensive details about its various schemes.