Swastika Investmart

  “Any person who is engaged in the business of issue management either by making arrangements regarding selling, buying or subscribing to securities as manager-consultant, advisor or rendering corporate advisory services in relation to such issue management” -SEBI Merchant Bankers rules 1992 What is a Merchant Bank?? A merchant bank is a monetary organization that basically manages commercial banking needs of worldwide money, long haul credit for organizations, gives counseling services and endorsing of stock. It additionally goes about as a middle person between the issuers and definitive buyers of the securities in the essential market. Despite the fact that the State Bank of India is the primary establishment to set up a different division for merchant Banking administrations in 1972, its services were begun in 1967 by National Grind lays Bank subsequently followed by Citi Bank in 1970. The fundamental contrast between merchant banking and business banking is, business banking ...

  What is a Merchant Bank? In modern terms, merchant banks are a monetary organization or financial institution, primarily known for investing equity capital in business, SMEs, provide advisory services and endorsing of stock.  Also, it acts as an intermediary between the issuers and buyers of various financial securities in the market.  A merchant bank offers the same facility an investment bank does.  Merchant banks primarily deal with the small and mid scale enterprises that are unable to raise funds through IPO.  The research analysts work at merchant bank, hold a master degree in stock market, as they did numerous  stock market courses  for better understanding of the stock market.  The bank here offers a platform especially for SMEs so that they can raise a fund directly in the public. Such a process is known as   SME IPO . They also issue and sell securities on behalf of corporations through private placements to refined investors who ...