IND.BANK MER

Indbank Merchant Banking Services Ltd. engages in the provision of banking products and services. The company is headquartered in Chennai, Tamil Nadu. The company went IPO on 2008-10-08. The company is also engaged in the distribution of mutual fund products. Its services include merchant banking, advisory services, stock broking, depository participant (DP) operations, distribution of mutual fund (MF) and E-services. Its advisory services include valuation of shares and other financial instruments, syndication of loans, acquisitions, mergers and amalgamations, project counseling, appraisal and feasibility studies. Its e-services include Internet-based demat account statements (IDeAS), SPEED-e, STeADY, and DAN. IDeAS provides facilities for customers to view balances and transactions in the demat account updated on an online basis. SPEED-e facility enables customers to send delivery instructions electronically. SPEED-e enables demat account holders to submit delivery instructions directly on the Internet through SPEED-e Website.