NISM-Series IX: Merchant Banking Certification Exam Notes

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  • AIBI’s Role in Standards: Promotes ethical practices among merchant bankers.
  • Regulatory Reporting: Submit periodic compliance reports to SEBI.
  • Initial Public Offer (IPO): First-time issuance of securities to the public for listing.
  • Follow-on Public Offer (FPO): Additional issuance of securities by a listed company.
  • Offer for Sale (OFS): Existing shareholders sell shares to the public.

NISM Merchant Banking

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