BANKING AFFAIRS

Detailed explanation-1: -Merchant Banking is a combination of Banking and consultancy services. It provides consultancy to its clients for financial, marketing, managerial and legal matters. Consultancy means to provide advice, guidance and service for a fee. It helps a businessman to start a business. It helps to raise (collect) finance.

Detailed explanation-2: -Merchant banking refers to the process of using a financial institution that provides services such as underwriting, mergers and acquisitions advice, asset management, and corporate finance. Merchant banks are usually private institutions and are not affiliated with any commercial or retail bank.

Detailed explanation-3: -Merchant Banks Explained They underwrite securities, raise venture capital. read more, and raise funds. They do not provide basic banking services. Among all the services, the focus is on financial advice.

Detailed explanation-4: -Commercial banks are the banks that provide services to the general public and companies as well. On the other hand, merchant banks are similar to investment banks as they do not provide regular banking services, rather deals with commercial loans and investment avenues.