icame across these question in previous years papers, pls help

Many banks these days are entering into business of offering loans against property. This business of the banks can be categorized under which of the following heads of banking?

a)Corporate banking

b) Personal banking

c) Merchant Banking

d) Portfolio Management service

This is an case of Merchant banking.

In banking, a merchant bank is a financial institution primarily engaged in offering financial services and advice to corporations and wealthy individuals on how to use their money. The term can also be used to describe the private equity activities of banking.

Like others banks, Punjab National Bank, India’s one of the Leading Nationalized Bank established in 1895, serving over 3.5 crore customers through 4520 branches and 439 extension counters is the largest amongst Nationalized Banks. The Bank has recently been ranked 21st among top 500 companies and 9th among top 50 brands by the Economic Times. All the Branches of the Bank have been computerized. The Bank has a concept of "Any Time, Any Where Banking" through the introduction of Centralized Banking Solution (CBS) and over 2511 offices have already been brought under its ambit.

The Bank is registered with SEBI as Category – I Merchant Banker for providing all the major Merchant Banking services. Our gamut of Merchant Banking services includes:

•    Issue Management Services – to act as Book Running Lead Manager/Lead Manager for the IPOs/FPOs/Right issues/Debt issues
•    Project appraisal
•    Corporate Advisory Services
•    Underwriting of equity issues
•   Banker to the Issue/Paying Banker
•   Refund Banker
•   Monitoring Agency
•   Debenture Trustee
•   Marketing of the issue through a strong network of QIBs/HNIEs/Corporates and Retail investor. The Bank itself is one of the major investor in the market having a treasury of 45000 crores.