BANKING AFFAIRS

Detailed explanation-1: -The management of securities of the corporate sector offered to the public on a regular basis, and existing shareholders on a rights basis, is known as issue management. Issue management is an important function for merchant bankers and lead managers.

Detailed explanation-2: -(v)Issue Management: Management of issues refers to effective marketing of corporate securities viz., equity shares, preference shares and debentures or bonds by offering them to public. Merchant banks act as intermediary whose main job is to transfer capital from those who own it to those who need it.

Detailed explanation-3: -Issue management is the process of addressing any problems that occur over the course of a project or within an organization. When an issue arises, it’s important to address it as quickly as possible to limit the negative impact.

Detailed explanation-4: -Function: Collect and provide intelligence and information about problems and issues that relate to the organization’s mandate and strategic priorities.

Detailed explanation-5: -Merchant banker along with MD of the recognized stock exchange and registrar of the issue is responsible to ensure that the basis of allotment is finalized in a fair and proper manner in accordance with Regulation 49 of ICDR Regulations.