Tag: SBI
Best Savings Bank Account Interest rates India
As you might be aware that India’s central bank – RBI – has deregulated saving accounts interest rates. This means that RBI no longer forces interest rates to be offered to clients. Instead, banks can decide their own interest rates on saving accounts to attract more customers. This obviously leads to competition among banks and, [...]
SBI Life Smart Shield Term Insurance
Introduction: SBI Life – Smart Shield is a traditional non-participating pure term plan, which is a one stop solution that meets all your insurance needs. With Options and benefits specially tailored for those who want best financial protection at an affordable cost, this is the perfect plan from your preferred insurance provider. Now your [...]
SBI Bonds 2011 Tranche 1
State Bank of India (SBI) has launched Lower Tier 2 retail bonds with maximum interest of 9.95% P.A. for 15 years. Following are the complete investment details of SBI bonds 2011 Alert: Allotment Status Now Available Here The issue is opening on Feb 21, 2011 & closing on Feb 28, 2011. Series Series 3 [...]
State Bank Of India (SBI) Bonds
State Bank of India (SBI) has come out with a Series 1 and Series 2 Lower Tier II Bonds of Face Value of Rs. 10,000 aggregating to Rs. 500 crore with an option to retain over-subscription up to Rs. 500 crore, thus, aggregating to a total of up to Rs. 1,000 crore. The bank intends [...]
SBI Magnum Multiplier Plus Announces Dividend
SBI asset management company has set 22/10/2009 as record date for dividend in one of its best schemes – Magnum Multiplier Plus. The Quantum of dividend is 70% , i.e. Rs. 7.00 per unit of the scheme. The NAV of the scheme is Rs. 58.250 per unit (as on 16 oct 2009). The latest NAV [...]
SBI Mutual Fund Announces Dividend
The Trustees of SBI MF have declared dividend of 25% under Dividend option of Magnum Sector Funds Umbrella Emerging Businesses Fund, an open-ended equity scheme. The Record date has been fixed at July 30, 2009 The NAV of the scheme as on 29-07-2009 is Rs. 13.91. More Dividend Announcements | Latest NAV
50% Dividend in SBI Contra Fund
SBI Mutual Fund has declared dividend in its Magnum Sector Funds Umbrella (MFSU) – Contra Fund. Following are its details- SBI MFSU-CONTRA FUND Dividend: Re 5.00 per unit Record Date: 17th July, 2009 NAV: Rs. 23.47 (as on 13/07/2009) All Dividend announcements can be found here
SBI Magnum Tax Gain-93 fund declares 28% dividend
SBI has declared 28% dividend in its oldest tax-saving scheme ‘Magnum Tax Gain-93′. Investors will get Rs. 2.80 per unit since its face value is Rs. 10. The record date has been set to 29th May. As on 23rd May, 09, the scheme has generated 17.89% absolute return in 1 week and 50. 65% ablsolute [...]
SBI Gold ETF NFO to end on 28th April
SBI’s Gold exchange traded fund is a good investment opportunity for long term investors .However, in short-term, it is likely to underperform capital market. Short-term investors should choose equity funds, particularly infrastructure specific funds, over this one.Neverthless, Gold ETF offers more stability, less risk and marginal standard deviation. These reasons are good enough to deviate [...]
