Merchant Banking in India
In India, the first merchant banking services were started only in 1967 by National Grindlays Bank followed by Citi Bank in 1970. In 1972 State Bank of India started a merchant banking division, followed by ICICI Bank in 1973. Nowadays, most of the public sectors, private sectors, commercial banks and financial institutions established a separate division of merchant banking services.
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In India, the first merchant banking services were started only in 1967 by National Grindlays Bank followed by Citi Bank in 1970. In 1972 State Bank of India started a merchant banking division, followed by ICICI Bank in 1973. Nowadays, most of the public sectors, private sectors, commercial banks and financial institutions established a separate division of merchant banking services.
Merchant Banking in India
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