Merchant Banking in India

Abstract

Merchant banking services contribute to a country's economic progress by serving as sources of finances and information for businesses. The importance of merchant banking services in India is undeniable, given the country's economic growth. These financial institutes also act as corporate advising boards, assisting corporations in making informed decisions about how to engage in various financial activities. The emergence of merchant banking in India is examined in this study, with a focus on its history and evolution. The first half of the article is devoted to describing merchant banking's operation and how it is regulated by the SEBI. The second section of the paper went over the procedural requirements that the SEBI has defined.