Who are the Investment bankers in India?

Question

Please help me, we are cunducting a study on "best CFO Awards" for a reputing Business news channel.

Answer 1

There are no Investment Bankers in India only Merchant Bankers who do only a limited spectrum of jobs done by Investment Bankers abroad. In olden days they used to do only Bill discounting and now they might have expanded to stock trading and M&A advisories. Investment Banks have a spectrum of services, from Investment advisories to structured debt to Mortgage Backed securities. They will have their own trading floors to sell their own created financial instruments where as Indian Financial service industry is not grown to do the full spectrum services of Investment Banks abroad.