Question : REGISTRATION FEE OF MERCHANT BANKS

(a)whether the merchant bankers were registered for one year only against payment for one year only;

(b) if so, the reasons for registering the merchant banks for three years against payment of registration fee only for the first year;

(c)whether any inquiry conducted by Government in this regard;

(d) if so, the outcome thereof; and

(e) the further steps taken by Government in this regard?

MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL)

(a) to (e) Information is being collected and will be laid on the Table of the House.