Indbank Recruitment of 39 Officers Posts 2017-18
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Indbank Recruitment of 39 Officers Posts 2017-18 General Knowledge for all competitive Exam Must visit GujaratGk.com A mutual fund company is an investment company that receives money from investors for the sole purpose to invest in stocks, bonds, and other securities for the benefit of the investors. A mutual fund is the portfolio of stocks, bonds, or other securities that generate profits for the investor, or shareholder of the mutual fund.
Name Of Organization : Indbank
Name Of Posts and Other Details
Merchant Banker and Corporate Advisory – 2 Posts
- Educational Qualification : MBA in Finance or any other equivalent Post-Graduation and NISM – Merchant Banking Certification.
- Experience : Minimum Four year experience in handling assignments relating to IPO of Equity shares and Non-convertible debenture, Due Diligence of Listed Companies, Delisting, Private Placement (NCD and Preferential Issue), Equity Valuation of Listed Companies, Loan Syndication, Open Offer, Buy Back and various other Corporate Advisory, Mergers and Acquisitions. Pitching corporate clients.
- Place of posting : Registered Office, Chennai & Mumbai
- Age Limit : Min. 25 years, Max: 40 years.
- Compensation : Rs. 6.00 – 8.00 Lakhs * p.a.
Equity Research Analyst – 1 Posts
- Educational Qualification : MBA in Finance or any other equivalent Post Graduation And NISM – Research Analyst Certification
- Experience : Minimum Four years’ experience in equity research, analyzing trends of industries and economy, preparation of research reports, writing investment notes and report investment opinions on companies, Fundamental analysis, Mutual Fund and Bond market
- Place of posting : Registered Office, Chennai
- Age Limit : Min. 25 years, Max: 40 years.
- Compensation : Rs. 6.00 – 8.00 Lakhs * p.a.
Secretarial Officer –Trainee ( Back Office Staff) – 4 Posts
- Educational Qualification : Graduate (NISM/ NCFM qualification preferable)
- Experience : Minimum one year experience in back office desirable.
- Security Deposit : Two months gross emoluments (Interest free)
- Place of posting : Chennai
- Age Limit : Min. 21 years, Max: 30 years.
- Compensation : Rs. 9000/- to 15,000/- p.m. (Consolidated)
Dealer (Stock Broking) – 32 Posts
- Educational Qualification : Graduate with NISM / NCFM qualification
- Experience : Minimum one year experience in dealing/ back office.
- Security Deposit : Two months gross emoluments (Interest free)
- Place of posting : Mumbai
- Age Limit : Min. 21 years, Max: 30 years.
- Compensation : Rs. 2.00 – 3.00 lakh p.a.
Technology Updates Most mutual funds are open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order.The purchase price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for that
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