Introduction – Merchant Banking in India – Recent Developments and Challenges ahead – merchant banking services offered by banks – NBFC’S offering merchant banking – Legal and Regulatory Framework – Relevant Provisions of Companies Act- SEBI guidelines.

Role of Merchant Banker in Appraisal of Projects, Designing Capital Structure and Instruments – Issue Pricing – Book Building – Preparation of Prospectus Selection of Bankers - Role of Registrars –Bankers to the Issue, Underwriters, and Brokers. – Offer for Sale – Green Shoe Option – E-IPO, Private Placement – Bought out Deals

Meaning and Types of leasing – Legislative frameworks – Matters on Depreciation and Tax – Problems on leasing – Hire Purchasing – Concepts and features – Tax and Depreciation implications – Problems on Hire Purchasing.

Credit Rating - Definition and meaning – Process of credit rating of financial instruments-Rating methodology-Rating agencies-Rating Symbols of different companies- Role of SEBI. Mutual Funds - Concept - Types - Nature – NAV – Trends in Indian Mutual Fund Market -Regulatory Framework and Role of SEBI.

Other Financial Institutions: NBFC- Public Financial Institutions- Foreign Institutional Investors, Global Banking- Basel Norms:Recent Trends