Role of merchant banking is Innovation.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	False
B	True

Explanation:

Detailed explanation-1: -A merchant bank is a financial institution that conducts underwriting, loan services, financial advising, and fundraising services for large corporations and high-net-worth individuals (HWNIs). Merchant banks specialize in international trade, providing services for multinational corporations.

Detailed explanation-2: -Q. Which of the following is true about merchant bank? Notes: Merchant bank underwrites securities for corporations, advices clients on mergers and get involves in in ownership of commercial ventures.

Detailed explanation-3: -The Importance of Innovation in Banking Innovation enables banks to: Meet changing customer expectations. Streamline internal processes. Maintain their market share.

Detailed explanation-4: -A merchant bank is a financial institution that provides banking and financial solutions to High Net-worth Individuals (HNIs) and large corporations. They provide services like underwriting, fundraising, issue management, loan syndication, portfolio management, and financial advice.

There is 1 question to complete.