Merchant Banking in India The Bank is registered with SEBI as Category – I

Merchant Banker for providing all the major Merchant Banking services. Our gamut
of Merchant Banking services includes: •Issue Management Services – to act as Book
Running Lead Manager/Lead Manager for the IPOs /FPOs/Right issues/Debt issues
•Project appraisal
•Corporate Advisory Services
•Underwriting of equity issues
•Banker to the Issue/Paying Banker
•Refund Banker
•Monitoring Agency
•Debenture Trustee •Marketing of the issue through a strong network of
QIBs/HNIEs/Corporates and Retail investor. The Bank itself is one of the major
investor in the market having a treasury of 45000 crores. Their Software for handling
the Refund Banker is one of the best systems in the industry. Its unique features
provides online payment of the instrument by our 2470 branches in 733 centers,
online status of paid instruments, 100% reconciliation at any point of time etc. The
Bank has an exclusive and specialized Capital Market Service Branch at New Delhi
for providing Merchant Banking Services to the Corporate 64

Merchant Banking in India CONCLUSION The merchant banker plays a vital role in
channelising the financial surplus of the society into productive investment avenues.
Hence before selecting a merchant banker, one must decide, the services for which he
is being approached. Selecting the right intermediary who has the necessary skills to
meet the requirements of the client will ensure success. It can be said that this project
helped me to understand every details about Merchant Banking and in future how it’s
going to get emerged in the Indian economy. Hence, Merchant Banking can be
considered as essential financial body in Indian financial system. Market development
is predicted on a sound, fair and transparent regulatory framework. To sustain the
growth of the market and crystallize 65