Association of Investment Bankers of India
 
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HISTORY


In the early 1990s, the merchant banking industry in India witnessed a phenomenal growth with over 1500 merchant bankers registered with SEBI. In order to ensure the well being of the industry and for promoting healthy business practices, it became necessary to set up a Self Regulatory Organisation within the industry. This led to the birth of the Association of Investment Bankers of India (AIBI). AIBI was promoted to exercise overall supervision over its members in the matters of compliance with statutory rules and regulations pertaining to merchant banking and other activities.

AIBI was granted recognition by SEBI to set up professional standards, for providing efficient services and to establish standard practices in merchant banking and financial services. AIBI, in consultation with SEBI, is working towards improving the compliance of statutory requirement in a systematic manner.

AIBI's primary objective is to ensure that its members render services to all its constituents within an agreed framework of ethical principles and practices. It also works as a trade body promoting the interests of the industry and of its members.

  
As on 22  September, 2017:  INDEX - S&P CNX NIFTY: 9964.40, SENSEX: 31922.44, EXCHANGE RATES - INR/ 1 USD: 64.95, INR/ 1 EUR: 77.75, INR/ 100 JPY: 57.99, INR/ 1 GBP: 88.30
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