Answer / kalyani

Form of banking where the bank arranges credit financing,
but does not hold the loans in its investment portfolio to
maturity. A merchant bank invests its own capital in
leveraged buyouts, corporate acquisitions, and other
structured finance transactions. Merchant banking is a fee
based business, where the bank assumes market risk but no
long-term credit risk. A common form of banking in Europe,
merchant banking is gaining acceptance in the United
States, as more banks originate commercial loans and then
sell them to investors rather than hold the loans as
portfolio investments. A banque d'affaire is a French
merchant bank, which has more powers than its British
counterpart. The Gramm-Leach-Bliley Act allows financial
holding companies, a type of Bank Holding Company created
by the act, to engage in merchant banking activities.

Answer / ramesh

Financial institution that specializes in services such as
acceptance of bills of exchange, hire purchase or
installment buying, international trade financing, long-
term loans, and management of investment portfolios.
Merchant banks also advise on (and invest own funds in)
acquisitions, mergers, and takeovers. In the US, a merchant
account provider is sometimes called a merchant bank

what is your contribution in your organisition

1 Answers  

---

Expand---------RSTB

1 Answers  

---

hi i am appliying for job of accounts executive in dubai, and i dont have much exp in SAP fi/co End user plz any one can give me the transaction codes of for end user sap AR/AP & GL and about automatic payment programme , thnks in advance gurus ,plz mail me on my id afreenjuvriya@yahoo.com

2 Answers  

---

Any body please give me the model paper of capital iq and what they have given the questions and what am i preparing for written test

3 Answers   Capital IQ, Finance,

---

what is bpo

76 Answers   ADI, Aegis, Airtel, Bank Of America, BPO, Call Centre, Digicall Teleservices, GE, Genpact, HCL, HP, IBM, Infosys, Reliance, Satyam, Spanco, TCS, Tech Mahindra, Wipro,

---

why do u prepare trial balance

6 Answers  

---

Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

0 Answers  

---

we calculate appreciation for asset what is it?

4 Answers   BoA,

---

please tell me debit credi entry , in respect of salary advance and how to deduct,advance paid to employee

6 Answers   Morgan Stanley, Tops Technologies,

---

Can i make invoice when my client apply for TIN Number ?

0 Answers   SIM,

---

Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note

0 Answers  

---

Loan sanctioned by Andhra bank was trasfered to current account. Pass journal entry

2 Answers  

---