broking

SBI ventures into online equity trading – a delayed start

SBI ventures into online equity trading – a delayed start
India’s biggest bank, State Bank of India has launched electronic broking through its subsidiary SBI Cap Securities for retail and institutional clients. SBI Caps is also offering trading in futures and options and eventually would also offer commodity trading under its broking umbrella.

Anil Ambani may venture into Investment Banking

Anil Ambani may venture into Investment Banking
During January-May 2007, total equity deals stuck by Indian corporates amounted to $50billion, an all time record. Buoyed by this and increasing offshore deals and fund raising activities, ADAG’s Reliance Capital is planning to foray into investment banking and merchant banking advisory services to further enhance its financial services portfolio.