Vijaya Bank's Merchant Banking Activities - PowerPoint PPT Presentation

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Vijaya Bank's Merchant Banking Activities

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Merchant Banking is a combination of Banking and Consultancy services. It primarily caters to the needs of corporate firms. – PowerPoint PPT presentation

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Title: Vijaya Bank's Merchant Banking Activities


1
Vijaya Bank's Merchant Banking Activities
2
Merchant Banking
  • Merchant Banking is a combination of Banking and
    Consultancy services.
  • It primarily caters to the needs of corporate
    firms.
  • Merchant Banking started in India during 1967,
    but made rapid progress since 1970.

3
Types of Merchant Banking activities undertaken
by Vijaya Bank
  • Debenture Trustee Services
  • Banker to Issue
  • ASBA facility for IPOs, FPOs and Rights Issues
  • Demat Services
  • Cash Management Services
  • Money Transfer Services
  • Bancassurance

4
Debenture Trustee Services
  • If the debenture issued by the company has
    maturity period exceeding 18 months, then
    appointment of debenture trustee is mandatory as
    per the SEBI guidelines.
  • Vijaya Bank has registered with SEBI as Debenture
    Trustee with Registration No. IND000000020.

5
Banker to Issue
  • Activities performed by banker to issues such as
    application submission, applications which
    include money from investors are known as Banker
    to an issue.
  • Vijaya Bank is undertaking following activities
    as a Banker to an issue
  • Collecting Banker
  • Refund Banker
  • Paying Banker

6
ASBA facility for IPOs, FPOs and Rights Issues
  • ASBA stands for Applications Supported by
    Blocked Amount
  • In this case, when an investor applies for an
    IPO, the amount gets blocked in his bank account
    and is debited only when shares are issued to
    him.
  • Eligibility All Resident Individuals, HUF and
    QIBs maintaining a SB/Current/Operative Account
    holding a Pan No, Demat a/c at any of the Vijaya
    Bank branches.

7
Demat Services
  • Online trading of Vijaya Bank is offered in
    association with IDBI CAPITAL MARKET SERVICES
    LTD.
  • An integrated 3-in-1 account is offered for this
    purpose which includes
  • Vijaya Bank Operative Account.
  • Vijaya Bank Demat Account
  • Online trading Account

8
Cash Management Services
  • Following Cash Management Services are provided
    to corporate clients at all branches of Vijaya
    Bank
  • Local Cheque Collection Facility LCC
  • Upcountry Cheque Collection Facility UCC
  • Bulk Cheque Collection Facility
  • DD Drawing Arrangement

9
Money Transfer Service Scheme (MTSS)
  • MTSS is one of the easiest and quickest way to
    transfer personal remittances from abroad to
    beneficiaries in India.
  • Only inward remittances into India is possible
    outward remittance from India is not covered
    under MTSS.

10
Bancassurance
  • Vijaya Bank is a corporate agent for LIC of India
    and United India Insurance Company Ltd.
  • Insurance requirements (life and non-life) can be
    availed at all branches of Vijaya Bank.

11
VIJAYA BANK
  • Vijaya Bank is a PAN India Institution, serving
    diverse sectors of the society.
  • The Bank offers a bouquet of innovative and
    attractive products and services to its
    customers. It has also incorporated a host of
    latest Digital Banking products, to provide the
    best services to its customers.
  • Digital Banking services are
  • VPAYQWIK
  • Mobile Banking
  • Net Banking
  • Vijaya UPI
  • Twitter banking and many more
  • For details, visit https//www.vijayabank.com

12
THANK-YOU
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