abhishreshthaa
Abhijeet S
MERCHANT BANKING AND ALLIED ACTIVITIES
The Bank is registered with SEBI for activities like Category I Merchant Banker, Debenture Trustee and Banker’s to the issue. The Bank has associated itself as collecting bankers for collecting subscriptions related to public / rights issues etc., The bank has also acted as Debenture Trustee for about 52 assignments.
The bank is therefore able to leverage its vast network to generate fee based income float balance apart from optimum utilization of its manpower and infrastructure.
The bank is also extending collection and payment services for correspondent banks in the public and private sector including foreign banks.
The Bank is registered with SEBI for activities like Category I Merchant Banker, Debenture Trustee and Banker’s to the issue. The Bank has associated itself as collecting bankers for collecting subscriptions related to public / rights issues etc., The bank has also acted as Debenture Trustee for about 52 assignments.
The bank is therefore able to leverage its vast network to generate fee based income float balance apart from optimum utilization of its manpower and infrastructure.
The bank is also extending collection and payment services for correspondent banks in the public and private sector including foreign banks.