With
economic liberalisation sweeping across the country, the financial
services industry in India is poised for tremendous
growth. Having foreseen
this scenario, Modi Group decided to widen the ambit of its
activities. It diversified into Asset
Financing and Capital Market Operations
through Modi Leasing & Capital Services (MLCS) in mid-1992.
In its
first two years of operations, MLCS has primarily concentrated on
Corporate Advisory Services as there emerged an imperative need to
carry out its diversified operational activities including future
expansion plans by way of fund-based activities. More recently, MLCS
has ventured into Merchant
and Investment Banking, Capital Market Intermediation, International
Advisory Services and Public Deposit Mobilisation.
The endeavour
of MLCS lies in providing expertise in the field of finance and
merchant banking and covers the following range of activities :
Corporate
Advisory Services :
- Financial
Structuring
- Arrangement Long
Term
- Rupee Borrowings
- Foreign Exchange Borrowings
- Arranging Working
Capital Borrowings
- Bills Discounting
Facilities
- Temporary/short term
Loans and Deposits
- Pricing of Premium
Equity and Debentures