Investment banking revenue falls 11% to US$ 440 mn in 2016

“At a micro level, overall revenue should have come down. The number of deals of large value has increased. IPO market became very competitive and was a little better in 2016. But fees level is not what it used to be.”

H.V. Harish
Partner, Grant Thornton India LLP

This article appeared in Live Mint on 28th December, 2016.