Q: What are the other functions of Merchant Banks in India ?

Ans: Following are the functions of Merchant Banks in India : 

Service Based Functions:

1. Project Counseling ( Project Identification,  Project Planning,  Getting Government Approvals,  Raising Finance, Project Implementation and Control )

2. 
Credit Syndication ( Arranging and processing of loans from financial institutions)

3. 
Issue Management ( Covers management of shares, bonds and debentures)

4. Corporate and Capital Restructuring ( Help in mergers, acquisition and getting approvals )

5. Corporate Counselling ( advisory services to the business firms )

6. Portfolio Management ( managing the investments)

7. Help in lease finance

Fund based functions:

1. Bill Discounting: arranges funds against discounted bills .

2.  Venture Capital: Financing of new projects that are highly risky.

3. Bought out deals : Raising finance through public issue.

4. Underwriting: Help in subscription of securities.

5. Corporate Advisory Services: Tax planning, Cost management,  mergers, etc.

6. Factoring: Arranging of immediate finance

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