WHAT IS MERCHANT BANKING?
Introduction
Merchant banking is one of the fee based financial services which includes underwriting, consultancy and other allied services to the business concern. The term merchant banking has been used in different terms in different countries. In UK merchant banking is termed as accepting and issuing house and in the USA it is known as investment banking.
Introduction
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Merchant banking is one of the fee based financial services which includes underwriting, consultancy and other allied services to the business concern. The term merchant banking has been used in different terms in different countries. In UK merchant banking is termed as accepting and issuing house and in the USA it is known as investment banking.
What Is Merchant Banking
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