BANKING AFFAIRS

Detailed explanation-1: -The term merchant bank is used to describe investment banks in the United Kingdom but has a more narrow focus in the United States.

Detailed explanation-2: -A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodities, particularly cloth merchants.

Detailed explanation-3: -Merchant banks are called investment banks in the UK, they offer services to business owners who have businesses in different locations and owners of large corporations. Merchant banks have expertise in international financing and foreign investment.

Detailed explanation-4: -1. A merchant bank is a financial institution conducting money market activities and: a. Lending.

Detailed explanation-5: -A merchant bank is a financial organisation that offers commercial financial services. The Securities and Exchange Board of India regulates merchant banking in India, allowing the business to offer financial services while also steering investors in the appropriate way.