INDIA ECM DOWN 44% IN2018 YTD – LOWEST SINCE 2016
India Equity andequity-linked issuance raised US$15.8 billion as the end of 2018 approaches, a44.3% decline in proceeds from the annual period in 2017. Initial public offerings (IPO) raised a total of US$4.6 billion, a 56.8% decline in proceeds after a strong period last year. Bandhan Bank issued the largest IPO from India this year with …