BANKING AFFAIRS

Detailed explanation-1: -A merchant bank is a financial institution that provides services like fund-raising, venture capital financing, underwriting, loan syndication, investment advice, portfolio management, and issue management.

Detailed explanation-2: -1. Corporate counseling:One of the important functions of a merchant banker iscorporate counseling. Corporate counseling refers to a set of activities undertaken to ensureefficient functioning of a corporate enterprise through effective financial management.

Detailed explanation-3: -Merchant banking refers to the financial and banking services provided by a merchant bank to large corporations and individuals with high net worth. The services offered by merchant banks include underwriting, issue management, fundraising, loan syndication, portfolio management, financial advice, and more.

Detailed explanation-4: -Merchant Banking may be defined as an institution which covers a wide range of activities such as underwriting of shares, portfolio management, Project counseling, insurance etc. They all render these service for a fee. Both commercial and investment banks may engage in merchant banking activities.