Business Daily from THE HINDU group of publications Thursday, Sep 06, 2007 ePaper |
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Money & Banking
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Public Sector Banks Markets - Financial Services
Our Bureau Mumbai, Sept. 5 The State Bank of Patiala has launched a 3-in-1 account e-trading facility in association with SBICAP Securities Ltd. It is an online trading facility which will allow theaccount holders of the bank to trade on BSE and NSE - equity and derivatives segment without the hassle of running around to a broker’s office for placing orders. SBICAP will provide demat account and trading account to the bank’s account holders. Mr A.C. Varma, Managing Director, State Bank of Patiala, said, “The launch of the e-trading facility is meant to benefit the investor community.” e-broking net
Apart from account holders of State Bank of Patiala, SBICAP already offers its e-broking services to the account holders of State Bank of Indore and will extend similar services to the account holders of other SBI associate banks in the near future, said the release.
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