1.

Functions of merchant banking

Answer»

Merchant banking is a combination of banking and consultancy services. It provides consultancy to its clients for financial, marketing, managerial, and legal matters. Consultancy means to provide advice, GUIDANCE and service for fee.

The functions of merchant banking are as follows:

RAISING FINANCE for clients
☆ Broker in stock exchange
☆ Project management
☆ Advice on expansion and modernisation
☆ Managing publuc issues of companies
☆ Handling government consent for industrial projects
☆ Special assistance to small companies and entrepreneurs
☆ Services to PUBLIC sector units
☆ Revival of sick industrial units
☆ Portfolio management
☆ Corporate restructuring
☆ Money market operations
☆ Leasing services
☆ Management of interest and dividend



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