BANKING AFFAIRS

Detailed explanation-1: -Merchant banks play an important role in the capital markets. They help companies to raise capital in the form of debt or equity. They can also provide advice on mergers and acquisitions, restructuring, and project financing.

Detailed explanation-2: -Merchant banks assist clients in raising funds from the domestic and international market by buying securities.

Detailed explanation-3: -Merchant banks provide loan services, financial advising, and fundraising services for large corporations and high-net-worth individuals. Merchant banks do not generally provide services for the general public, although they may have retail and commercial arms.

Detailed explanation-4: -Traditional merchant banks mainly focus on international financing activities including trade finance, foreign corporate investment, and foreign real estate investment.

Detailed explanation-5: -Any person, indulged in issue management business by making arrangements with respect to trade and subscription of securities or by playing the role of manager/consultant or by providing advisory services, is known as a merchant banker.