Axis Bank, the country’s largest private sector lender has achieved number one position in domestic bond syndication market for the fourth consecutive year cornering 16% of market share in 2011 where corporates raised Rs 174,700 crore through issuance of bonds. Axis Bank arranged Rs 29,700 crore while ICICI Bank, the number two arranger, had 13% market share and helped corporates raise Rs 22,700 crore in 2011.
Recently, the bank had launched -- Insta Car Loans -- an auto finance facility that approves instant car loans at various car dealerships and at Axis Bank branches. Axis Bank has developed this feature in association with BankBazaar.com.
