#1
December 25th, 2017, 02:05 PM
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Emerging Business Fund SBI
Hi buddy here I have come to collect info related to SBI Emerging Businesses Fund, so will you plz let me know as my brother asking for online fund purpose ??
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#2
December 25th, 2017, 02:48 PM
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Re: Emerging Business Fund SBI
State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As you want here I am telling SBI Emerging Businesses Fund is a sectoral growth fund which focuses on emerging businesses and invests in companies that are considered emergent, SBI Emerging Businesses Fund is a market capitalization agnostic fund; it may invest into large, mid and/or small cap stocks in any proportion based on the market conditions making the most of different market phases. The investment objective of SBI Emerging Businesses Fund is to participate in the growth potential presented by various companies that are considered emergent and have export orientation/outsourcing opportunities or are globally competitive. Bank profile: Type Public Traded as NSE: SBIN BSE: 500112 LSE: SBID BSE SENSEX Constituent CNX Nifty Constituent Industry Banking, financial services Founded 2 June 1806, Bank of Calcutta 27 January 1921, Imperial Bank of India 1 July 1955, State Bank of India 2 June 1956, nationalization Headquarters Mumbai, Maharashtra, India Area served Worldwide Key people Rajnish Kumar (banker) (Chairman) Products Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards Revenue 298,640.45 crore (US$47 billion) (2017) 273,461.13 crore (US$43 billion) (2016) Operating income 50,847.90 crore (US$7.9 billion) (2017) Profit 10,484.10 crore (US$1.6 billion) (2017) 9,950.65 crore (US$1.6 billion) (2016) Total assets 2,705,966.30 crore (US$420 billion) (2017) Total equity 144,274.65 crore (US$22 billion) (2016) Owner Government of India (61.23%) Number of employees 209,567 (2017) 207,739 (2016) Capital ratio 13.12% (2016) |