Q: What is merchant banking ?
Ans: A merchant bank is a financial institution providing capital/raising funds to the companies.
A set of functions and services provided by the merchant banker and is termed as merchant banking.
Merchant banking has two services:
1. Banking Services
2. Consultancy Services
Pms:
A financial institution that provides capital to the companies or raise funds for the companies if already provided capital.
A set of services and functions provided by merchant banker is termed as merchant banking.
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