MERCHANT BANKING
SYLLABUS
UNIT I
Overview of Indian Financial System – Development since 1991 – Role of Financial Intermediaries – Various Financial Intermediaries
UNIT II
Capital Market – Instruments – Traditional and Emerging (ECB, ADR, GDR) Capital Marketing in India – Operations in Primary Markets – Instruments involved – Role of SEBI
UNIT III
Secondary Markets Stocks Exchanges in India – National Stock Exchange(NSE) – Stock Holding Corporation of India (SHCIL) – Share Trading – Introduction to Derivatives and Commodities-Scrip less Trading – E-Trading – Index/Futures Trading – Share Lending Scheme – Book Building – Buy back of shares – Mergers & Acquisitions – Regulations
UNIT IV
Money Market Nature and Role of Money Market in India – Instruments in Money Market viz. CPs, CDs, Bill of Exchange, ICDs, Treasury Bill – Role of DFHI/STCI in Money Market – ECBs
UNIT V
Financial Services – Credit Rating – Factoring and Forfeiting – Leasing and Hire Purchasing – Securitization of Debts – Housing Finance – Merchant Banking Services and Functions, Mutual Funds – All SEBI Guidelines Related to Topics covered above – Current Development are Expected to be covered, International Operations in Stock Market