Merchant Banking : The Indian Market

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Merchant Banking in the Indian Market: In India, Merchant Banking activities followed the footsteps of similar activities in UK and USA starting from the year of 1967. Currently Merchant Banking activity have blossomed in the Indian market. Merchant banks have both public and private sector that set up their respective merchant banking divisions. Currently in india the total numbers of merchant bankers are approximately one thousand four hundred and fifty with more than nine hundred and thirty registered with SEBI. The SEBI authorized Merchant Bankers that include merchant banking divisions in all of India. Both nationalized and foreign banks financial institutions subsidies in commercial banks. While private merchant banks engaged in stock broking, underwriting activities and financial consultancy and investment service firms. Merchant banking In India - an Overview: The company 's goal is to raise capital by issuing securities in the market. Merchant bankers act as mediator between the issuers and the investors who purchase these securities. Merchant banking is the financial institution that matches the companies that need capital and those that have capital. It is the function that facilitates the low capital in the market. Acting as a body corporate who carries on any activity of management issues, merchant bankers in India prepare prospectus and other information relating to the issue. Merchant bankers in India are not allowed to conduct any business other than the
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