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Merchant banking involves a wide set of banking activities such as trading in securities, underwriting security issuances (e.g. an IPO), undertaking valuation of businesses etc. Merchant banking can also be pursued by entities other than banks. A merchant banking company would need to fulfill the following criteria: · It should be registered with SEBI under section 12 of the SEBI Act 1992 · It should conduct the business of merchant banking in accordance with rules or regulations framed by SEBI · It should acquire securities only as part of its merchant banking activities · It should not be engaged in any other financial activities as mentioned in section 45I(c) of the RBI Act 1934 · It should not accept or hold public deposits
MSDE collaborated with which company to launch the 'AI Careers for Women' initiative?
Consider the following literary works:
1. Gulamgiri
2. Darpan
3. Tritiya Ratna
4. Kavya Phule
Which of the above-ment...
In Uttarakhand, what is called odal in the local language?
Mopin is a significant agricultural festival in which Indian state?
Ganga Jatara is a folk festival primarily celebrated in which part of India?
Which Indian state boasts the longest coastline?
On February 15, 2021, Adani Ports and Special Economic Zone Ltd (APSEZ) completed acquisition of Dighi Port Limited (DPL) for Rs 705 crore in the state_...
When is World Health Day observed every year and what was the theme for this year?
What significant event does Vijay Diwas (December 16th) commemorate?
Ustad Bismillah Khan is famously associated with which musical instrument?