Thursday, November 23, 2006

SBI too joins e-trading brigade, strikes pactA

The country’s largest bank, State Bank of India (SBI), is slated to enter into a strategic alliance with the Mumbai-based brokerage Motilal Oswal Securities to provide integrated e-trading platform to their customers. This will possibly be the first entry by a large PSU bank in the online trading arena. At present such services are provided by broking firms in partnership with private banks.
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