Introduction – Merchant Banking in India – Recent Developments and Challenges ahead – merchant banking services offered by banks – NBFC’S offering merchant banking – Legal and Regulatory Framework – Relevant Provisions of Companies Act- SEBI guidelines.
Role of Merchant Banker in Appraisal of Projects, Designing Capital Structure and Instruments – Issue Pricing – Book Building – Preparation of Prospectus Selection of Bankers - Role of Registrars –Bankers to the Issue, Underwriters, and Brokers. – Offer for Sale – Green Shoe Option – E-IPO, Private Placement – Bought out Deals
Meaning and Types of Leasing – Legislative frameworks – Matters on Depreciation and Tax – Problems on Leasing – Hire Purchasing – Concepts and Features – Tax and Depreciation Implications – Problems on Hire Purchasing
Credit Rating - Definition and meaning – Process of credit rating of financial instruments-Rating methodology-Rating agencies-Rating Symbols of different companies- Role of SEBI. Mutual Funds - Concept - Types - Nature – NAV – Trends in Indian Mutual Fund Market -Regulatory Framework and Role of SEBI.
Other Financial Institutions: NBFC- Public Financial Institutions- Foreign Institutional Investors, Global Banking- Basel Norms:Recent Trends
Reference Book:
1.NaliniPravaTripathy, “Financial Services”, PHI Learning, 2011 (Units - I, II, III, IV & V). 2. Machiraju, “Indian Financial System”, Vikas Publishing House, 2nd Edition, 2010 (Units - III, IV & V). 3. Sasidharan, “Financial Services and System”, Tata McGraw Hill, New Delhi, 2nd Edition, 2011. (Units - I, II, III, IV).
Text Book:
1.M.Y.Khan, “Financial Services”, Tata McGraw-Hill, 12th Edition, 2012 (Units - I, II, III, IV & V). 2. Madura, “Financial Institutions & Markets”, 10th edition, Cengage, 2016. (Units - I, II, III, IV & V).