International Business
Name – Jayan Jhalani
Topic – Merchant Banking & Role of SEBI
Semester – 3
Division – B
Subject – Merchant Banking & Financial Services
PRN - 12021021049
Acknowledgements
I would like to thank Professor Nitin Malhotra for her guidance and support throughout the project. I would like to thank Symbiosis University for giving such a project. Last but not the least I would like to thank my parents without whom this project would not have been possible.
Index
Topic
Page Number
Introduction
4
History of Merchant Banking
5
Functions of Merchant Bank
6
Role of Merchant Banker
11
Difference between Merchant banks & Investment Banks
12
Difference between Merchant Banks & Commercial Banks
13
Services Provided by Merchant Banks
14
Role of SEBI
15
Bibliography
27
Introduction
A merchant bank is a financial institution that provides capital to companies in the form of share ownership instead of loans. A merchant bank also provides advisory on corporate matters to the firms they lend to. In the United Kingdom, the term "merchant bank" refers to an investment bank
Today, according to the U.S. Federal Deposit Insurance Corporation (acronym FDIC), "the term merchant banking is generally understood to mean negotiated private equity investment by financial institutions in the unregistered securities of either privately or publicly held companies. Both commercial banks and investment banks may engage in merchant banking activities. Historically, merchant banks ' original purpose was to facilitate and/or finance production and trade of commodities, hence the name "merchant". Few banks today restrict their activities to such a narrow scope.
History of Merchant Banking
Merchant banks are in fact the original banks. These were invented in the middle Ages by Italian grain merchants. As the Lombardy merchants
Topic – Merchant Banking & Role of SEBI
Semester – 3
Division – B
Subject – Merchant Banking & Financial Services
PRN - 12021021049
Acknowledgements
I would like to thank Professor Nitin Malhotra for her guidance and support throughout the project. I would like to thank Symbiosis University for giving such a project. Last but not the least I would like to thank my parents without whom this project would not have been possible.
Index
Topic
Page Number
Introduction
4
History of Merchant Banking
5
Functions of Merchant Bank
6
Role of Merchant Banker
11
Difference between Merchant banks & Investment Banks
12
Difference between Merchant Banks & Commercial Banks
13
Services Provided by Merchant Banks
14
Role of SEBI
15
Bibliography
27
Introduction
A merchant bank is a financial institution that provides capital to companies in the form of share ownership instead of loans. A merchant bank also provides advisory on corporate matters to the firms they lend to. In the United Kingdom, the term "merchant bank" refers to an investment bank
Today, according to the U.S. Federal Deposit Insurance Corporation (acronym FDIC), "the term merchant banking is generally understood to mean negotiated private equity investment by financial institutions in the unregistered securities of either privately or publicly held companies. Both commercial banks and investment banks may engage in merchant banking activities. Historically, merchant banks ' original purpose was to facilitate and/or finance production and trade of commodities, hence the name "merchant". Few banks today restrict their activities to such a narrow scope.
History of Merchant Banking
Merchant banks are in fact the original banks. These were invented in the middle Ages by Italian grain merchants. As the Lombardy merchants
Bibliography: www.investopedia.com www.sebi.gov.in Wiki pedia