Saturday, October 7, 2017

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Meaning Of Merchant Banking

Meaning Of Merchant Banking

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A merchant banking is one who underwrites corporate securities and advises clients on issue like corporate mergers. Merchant banking is basically service banking which provides non financial services such as issue management, portfolio management, asset management, underwriting of new issues, to act as registrar, share transfer agents, trustees, provide leasing, project consultation, foreign credits, etc. The merchant bankers may function in the form of a bank, financial institutions, company or firm.


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