who are underwriters? what is their work?

Answer Posted / k. pullarao

Underwriter is someone who takes financial risk in return
for fee on behalf of the issuer. And their work is rasising
capital from the investors/public to the corporates or
government institutions.

Is This Answer Correct ?    8 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Give brief information about gst?

581


Discuss any two points on General Budget and Railway Budget?

632


What id FDI and FII?

739


Explain debt service coverage ratio. What does it indicate?

616


If you get recruited in SBI, and made an employee in a rural area, how will you prove yourself as a best employee?

617






What is goodwill? How does it affect net income?

756


What is the role of a clerk / PO / Officer in bank?

661


What is the importance of capitalization?

618


What is fixed assets turnover ratio?

624


What is the difference between FII and FDI

641


How to handle stop loss while trading in stock markets?

668


What is the logo of Bank of Baroda know as?

636


what are your hobbies?

3431


Tell something about SARFAESI Act 2002?

677


Does leasing release the firm from bad investment?

576