Archive | Business Aspects in Banking & Insurance

RSS feed for this section

AGM(Outbound Sales force)

AGM(Outbound Sales force): He is in charge of a mobile marketing wing of the Bank staffed with sales executives, who will contact prospective customers in personal segment  and direct them to the nearest branches. One such wing is functioning at Bangalore

Read full story · Comments { 0 }

International Banking of SBI

International Banking of SBI:   International banking services of State Bank of India are delivered for the benefit of its Indian customers, non-resident Indians, foreign entities and banks through a network of 52 offices/branches in 31 countries, spread over all time zones. The network is augmented by a cluster of Overseas and NRI branches within […]

Read full story · Comments { 0 }

Merchant banking of SBI

Merchant banking:   SBI’s Merchant Banking Group is strongly positioned to offer perfect financial solutions to your business. We specialize in the arrangement of various forms of Foreign Currency Credits for Corporates.   It provides resources, convenience and services to meet customer’s needs by arranging Foreign Currency credits through: • Commercial loans • Syndicated loans […]

Read full story · Comments { 0 }

Non Fund Based Facilities of SBI

Non Fund Based Facilities   Letter of Credit facility on behalf of the customer enabling him to import raw material required for manufacturing goods for project export is provided by the bank and also all other types of guarantees required for project export contract are issued by the bank:  Bid Bond Guarantee. Advance Payment Guarantee […]

Read full story · Comments { 0 }

Project Export Finance of SBI

State Bank of India is an active participant in the area of finance of Project export activities. These activities will mainly involve financing the fund based and non fund based requirements of the project exporters. • Export of engineering goods on deferred payment terms • Execution of turnkey projects abroad • Execution of overseas civil […]

Read full story · Comments { 0 }

Corporate Banking

Corporate Banking   SBI provides financial products and services of wide range for large, medium and small customers both domestic and international. The corporate banking unit is a step towards providing services to corporates.   Some of its products are:   Working capital financing   It is extended both as fund based and non-fund based […]

Read full story · Comments { 0 }

Agricultural Banking

Agricultural Banking:   State Bank of India Caters to the needs of agriculturists and landless agricultural labourers through a network of 6600 rural and semi-urban branches. There are 972 specialized branches which have been set up in different parts of the country exclusively for the development of agriculture through credit deployment. These branches include 427 […]

Read full story · Comments { 0 }

SBI Housing Loans

SBI HOUSING LOANS:   Home is where the heart is!   The Housing loan schemes are designed to make it simple to make a choice at least as far as financing goes.   Some of the advantages are:   Excellent service and lower costs. Low Equated Monthly Instalments (EMI) Low interest rates, currently between 8% […]

Read full story · Comments { 0 }

Personal banking of SBI

Personal banking   State Bank of India offers a wide range of services in the Personal Banking Segment. Some of them are as follows: SBI Term Deposits Savings Bank SBI Recurring Deposits Loan against Mortgage of property SBI Loan for Pensioners SBI Housing Loan Loan against Shares & Debentures SBI Car Loan Rent plus Scheme […]

Read full story · Comments { 0 }

Imperial Bank

Imperial Bank The Imperial Bank during the three and a half decades of its existence recorded an impressive growth in terms of offices, reserves, deposits, investments and advances, the increases in some cases amounting to more than six-fold. The financial status and security inherited from its forerunners no doubt provided a firm and durable platform. […]

Read full story · Comments { 0 }