EXECUTIVE SUMMARY Investment Banking encompasses not merely merchant banking but other related capital market activities

such as stock trading, market making, underwriting, and brokering and asset management as well. Besides the above, investment banks also provide a host of specialized corporate advisory services in the areas of project advisory, business and financial advisory and mergers and acquisitions. Investment banks are different from traditional bank down the street in the sense that it does not keep any deposits with itself to pay us an interest nor does it guarantees the safekeeping of your money. An investment bank is more specialized organization that takes in your money and after analyzing the possible risks and economic condition gives us advice to convert it into more money. Investment bankers identify capital opportunities, negotiate and structure deals, and execute private and public financial transactions. Investment banks differ from commercial banks, which take deposits and make commercial and retail loans. In recent years, however, the lines between the two types of structure have blurred, especially as commercial banks have offered more investment banking services

Index
S o r u P r . t l a . P i a g n a c r e

n 1 t d t n 2 D I r u i 1 2

. n o c o -

f n t o 3 M a i

i i i n 3 e n n

g 4 7 4Eval uation an d growth of invest ment ban k8-

95 G l o b a l i n d u s t r i a l s t r u c t u r e 1 0 1 1 6 I n d i a n s c

e n a r i o 1 2 1 4 7Inv estment b anking & merchant banking15

168Invest ment bank s as financ ial interm ediary17199Organi zation stru

cture of in vestment b anks202210Chara cteristic of investmen t bank ind ustry23-

2411Types of player in investm ent bank i ndustry25 12Busines s portfoli o of inves

tment ban ks262813Indi an invest ment ban king ind ustry293 1 14Instit

utional in vesting & investmen t bank323315Servi ce portfoli o Indian i nvestment

banks344 7 16Regulato ry framework for investment banking 4850

6