Publisher's Synopsis
Merchant Banking is the financial institution committed to the credit union, merger and acquisition services, fundraising, portfolio services, publicity, and new issues, consulting services, promotion of ventures and project funding for large companies, high net worth individuals, and multinationals of corporations throughout the world. The central purpose of the commercial banking industry is to make money, grow and modernize the sector, which essentially represents the country's overall economic growth. Basically, Merchant Banking is the combination of both consultation services and Banking. Merchant Banks mainly work with small businesses or startups that find difficulty in raising funds.Merchant Banking Services in India started with a Reserve Banking License issued in 1967 to the Grindlays bank. In 1983 they were much more popular, when the main market thrived, where the companies began to discuss a new issue. Commercial banking activities are organized and carried out in various ways. Organized as public limited companies and registered as private limited firms, they are organized by commercial banks and foreign finance development.
