BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The services provided by merchant bankers includes
A
Only 1
B
1 and 2
C
2 and 3
D
All of these
Explanation: 

Detailed explanation-1: -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-2: -Merchant banks help in processing loan applications for short and long-term credit from financial institutions. They provide these services by estimating total costs involved, developing a financial plan for the entire project, as well as adopting a loan application for commercial lenders.

Detailed explanation-3: -They purchase and sell shares and offer fund investment services and them. Corporate restructuring: They help mergers acquisitions, selling and disinvestment comprise them. Such protocols include careful discussions, detailed planning, and delivery of various documentation and lengthy legal formalities.

There is 1 question to complete.