List of top 10 investment banking firms in India
Investment banking is an important part of the financial world, especially in a fast-growing country like India. It involves helping companies, governments, and other big organizations raise money, manage their finances, and make smart decisions about investments. Investment banks act as a bridge between those who need funds and those who have money to invest. They offer services like advising on mergers and acquisitions, helping companies issue stocks or bonds, and providing guidance on financial strategies. In India, the demand for these services has grown a lot because the economy is expanding, businesses are getting bigger, and more international companies are entering the market.
Over the years, India has become home to many top investment banking companies. Some of these are global firms with a strong presence worldwide, while others are Indian companies that have built a solid reputation in the local market. These banks play a key role in supporting the country’s economic growth by helping businesses access capital, plan big projects, and compete on a global level. The top investment banks in India are known for their expertise, wide range of services, and ability to handle complex financial deals. They work with large corporations, small and medium-sized businesses, and even government bodies to meet their financial needs. This list highlights the best players in the industry. It is based on their reputation, the scope of their operations, and their impact on India’s financial landscape. Whether they are helping a company go public, arranging funds for a big project, or guiding a merger, these banks are at the forefront of financial services in India. Below is a straightforward look at the top 10 investment banking companies currently operating in the country, focusing on their names and basic details without adding extra stories or examples.
Goldman Sachs India

Goldman Sachs India is a significant player in the Indian financial landscape, a branch of the international investment banking behemoth, Goldman Sachs. It offers a wide array of financial services to clients in India, encompassing investment banking, securities trading, and asset management. In the realm of investment banking, they assist companies in raising capital through the issuance of stocks, provide expert guidance on mergers and acquisitions, and facilitate the restructuring of businesses. Goldman Sachs India also acts as a securities broker, trading stocks and bonds on behalf of their clients, both individual and institutional. Furthermore, they manage investments for high-net-worth individuals and institutions, offering specialized investment strategies and portfolio management services. Goldman Sachs India plays a pivotal role in the Indian economy, connecting businesses ad investors, facilitating capital flow, and contributing to economic growth and development.
Morgan Stanley India

Morgan Stanley India is a prominent player in the Indian financial services industry, a subsidiary of the globally renowned financial services firm, Morgan Stanley. Their operations in India encompass a diverse range of services, including investment banking, securities trading, wealth management, and asset management. In the domain of investment banking, Morgan Stanley India provides expert advice to companies on mergers and acquisitions, assist them in raising capital through the issuance of stocks, and offers guidance on restructuring their operations. They also act as a securities brokers, facilitating the buying and selling of stocks and bonds on behalf of their clients, both individual and institutional investors. For high-net-worth individuals, Morgan Stanley India provides comprehensive wealth management services, helping them plan their finances, manage their investments, and achieve their financial goals. They also manage investments for institutions, offering tailored investment strategies and portfolio management services to meet their specific requirements. Morgan Stanley India plays a vital role in the Indian financial market, connecting businesses and investors, facilitating capital flow, and contributing to economic growth and development.
JP Morgan India

JP Morgan India is a branch of the American multinational investment bank and financial services company, JP Morgan Chase & Co. They offer a range of services in India, including investment banking, asset management, securities trading, and treasury and securities services. In investment banking, they advise companies on mergers and acquisitions, help them raise capital through stock offerings, and assist with restructuring. It also provides commercial banking and asset management solutions. With a large team of skilled workers, J.P. Morgan India supports the country’s growing economy by helping clients with their financial needs and has become a key player in the Indian financial market.
Bank of America Merrill Lynch (BofA Securities India)

Bank of America Merrill Lynch, now known as BofA Securities India, is a major player in India’s investment banking sector and operates as a subsidiary of Bank of America Corporation, a well-known global financial institution. It has been active in India since 1964 and is headquartered in Mumbai, with additional offices in cities like Bengaluru, Delhi, Chennai, Hyderabad, Gurugram, and GIFT City in Gujarat. The company provides a wide range of investment banking services, including advising companies on mergers and acquisitions, helping them raise money through equity and debt markets, and offering trading services in areas like stocks, bonds, and currencies. It also supports clients with risk management and research to help them make informed financial decisions. BofA Securities India serves large corporations, financial institutions, and government bodies, using its global network and local expertise to meet their needs. The firm employs a large team of professionals who understand India’s market and work to connect local businesses with international opportunities. Over the years, it has grown its presence and reputation in India by focusing on delivering tailored financial solutions and maintaining strong client relationships. This has made it one of the leading foreign investment banks in the country, contributing to India’s financial growth and its integration into the global economy.
Citigroup (Citi India)

Citigroup, also known as Citi, is a big global bank that has been in India for over 120 years. It started doing business in Kolkata in 1902. Citi India offers many financial services to big companies, banks, and the government. It helps them with things like investments, managing money, and trade. Citi India also takes care of wealthy clients’ money. The bank has many employees in India and is a big investor in the country’s financial market. Citi has played a significant role in shaping India’s financial system. It’s helped set up important institutions that manage money and payments. With its global connections, Citi India helps local businesses connect with international markets. Its main office in India is in Mumbai, and it continues to provide its clients with various financial products and services.
Credit Suisse India (Now part of UBS)

Credit Suisse India is a financial services company that offers banking, investment, and advisory services. It was previously part of a global bank called Credit Suisse, based in Switzerland. In 2023, another bank called UBS bought Credit Suisse, making it a part of a bigger banking group. In India, Credit Suisse focuses on helping businesses raise money, advising companies on buying and selling, and providing investment opportunities for wealthy clients. The company has offices in big cities like Mumbai and Pune, where experts analyze market trends and help clients make financial decisions. After merging with UBS, the company is working to combine its operations and services. It continues to serve clients in India and around the world, while adapting to changes in rules, technology, and the economy. The goal remains to provide expert financial advice and maintain strong relationships with clients.
Deutsche Bank India

Deutsche Bank India is part of a big global bank based in Germany. It offers many financial services in India, including banking for businesses, investments, and wealth management. The bank helps companies, institutions, and wealthy individuals with services like loans, currency exchange, and advice. It also provides solutions for businesses to manage their money, risks, and trade. Deutsche Bank India has branches in major cities like Mumbai and follows strict rules set by Indian and international authorities. The bank invests in digital technology to improve customer service and efficiency. It also focuses on managing risks and following rules to ensure financial stability. Over time, the bank has grown its presence in India, adapting to changes in the economy and regulations. Today, it continues to provide financial expertise and support economic growth in India through its banking services.
Barclays India

Barclays India is part of a big global bank based in the UK. It provides banking and financial services to businesses and individuals in India. The bank offers services like loans, investment advice, and wealth management. It helps businesses manage their money and provides investment solutions to wealthy individuals. Barclays India has branches in major cities and follows Indian banking rules. The bank uses digital technology to improve customer service and efficiency. It prioritizes managing risks, following rules, and maintaining financial stability. Barclays India continues to grow its services in India by using its global expertise and local knowledge. The bank supports businesses and individuals by providing financial solutions that meet their needs. It aims to build strong relationships with clients and contribute to India’s financial sector.
Kotak Investment Banking

Kotak Investment Banking is part of Kotak Mahindra Bank. It helps companies raise money and provides advice on big financial decisions. The firm assists businesses in selling shares and bonds to raise funds. It also advises companies on buying and selling other businesses. Kotak Investment Banking works with big companies, investors, and government organizations. It focuses on industries like healthcare, technology, and real estate. The firm does research to help clients make smart financial choices. It follows rules set by Indian financial authorities and has a team of experts in finance and strategy. Kotak Investment Banking works closely with businesses to provide customized financial solutions. It helps clients navigate changes in the economy and regulations. The firm continues to grow by using its expertise to support businesses in achieving their goals.
Avendus Capital

Avendus Capital is a financial services company in India. It provides services like investment banking, wealth management, and lending solutions. The company mainly helps businesses, entrepreneurs, and investors by advising them on financial decisions like buying and selling companies, and raising funds. They assists businesses in raising money through private investors, loans, and other means. It also provides investment advice to wealthy individuals and families through its wealth management division. The company focuses on industries like technology, healthcare, and consumer goods, and does research to help clients make informed decisions. Avendus Capital follows Indian financial rules to ensure transparency and fairness. It has a team of experts in finance and investment strategies. The company adapts to changes in the financial markets to provide relevant solutions to its clients. Avendus Capital aims to expand its services and strengthen its position in the Indian financial sector by using its expertise and understanding of market trends.
FAQ
Which IB pays the most?
It’s hard to say definitively which investment bank pays the most, as salaries vary based on experience, location, and specific role. However, generally, top-tier investment banks like Goldman Sachs, Morgan Stanley, and JP Morgan are known for offering the highest compensation packages.
What is the difference between global, domestic, and boutique investment banking companies?
Global investment banks have a worldwide presence and cater to large corporations. Domestic banks focus on the local market, while boutique banks specialize in specific sectors or services.
What are the types of investment banks?
Investment banks are broadly categorized into three main types: Bulge Brackets, Middle market, and boutique.