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Shift towards equity markets for long-term investment is a major shift, which absorbs the jerks led by volatility when FIIs are selling, said Ajay Kejriwal from Choice Broking.
While sharing his views at Anmi’s 13th International Convention 2024, Kansal said that India’s growth is phenomenal.
Nine senior State Bank of India (SBI) executives are in the running for the position of managing director at India's largest bank, after the previous postholder joined the Reserve Bank of India in June. The bank has four managing directors, all of whom are board members and in charge of separate departments. Candidates must have completed three years as chief general manager and deputy managing director, and a minimum of two years residual service.
In FY 22, the company reported total revenue of 830.86 cr, while in FY 23, the revenue increased to 1203.14 cr, with a growth rate of 44.8%.
SBI Securities, the trading and investment arm of the State Bank of India, on Monday, released its annual financial results for the just concluded financial year 2022-23.