State Bank of India Am 1. Juli State Bank of India wurde im Rahmen der State Bank of India Act 1955, für die Zwecke der Übernahme des Unternehmens und der Wirtschaft der Imperial Bank of India. Die Imperial Bank of India wurde im Jahre 1921 unter dem Imperial Bank of India Act 1920 gegründet. Die Bank Transaktionen allgemeine Bankgeschäfte von jeder Beschreibung einschließlich, Devisen, Handelsbanken und Investmentfonds. 1959 - Im September wurde das Gesetz über die staatliche Bank of India (Subsidiary Bank) verabschiedet. Am Oktober State Bank von Hyderabad wird die erste Tochtergesellschaft der SBI. Während dieser Zeit wurden die State Bank of Jaipur, die State Bank von Bikaner, die State Bank of Indore, die State Bank of Travancore, die State Bank von Mysore, die State Bank Patiala und die State Bank von Saurashtra zu Tochtergesellschaften der Bank. Die Bhor State Bank Ltd wurde mit der Bank zusammengelegt, bringen die Gesamtzahl der kleineren staatlich assoziierten Banken so zu fünf verschmolzen. Ein Programm für die Amalgamierung der Bank von Aundh Ltd. wurde ebenfalls genehmigt. Am 20. August wurde die Unit Bank Ltd. Chennai von der Bank übernommen. Im Oktober werden die Filialen in London Bankiers der indischen Hochkommission, wodurch eine Funktion bis dahin durch das Amt des RBI übernommen. Von dem anderen Geschäft, das von der Filiale abgewickelt wurde, war ein wichtiger Aspekt mittelfristige Kredite vor allem für indische Schifffahrtsgesellschaften. Am 8. November wurde die Bank of Behar AG zusammengelegt. Ein Händler-Banking-Abteilung wurde in der Zentrale eingerichtet, um Promotion-Bedürfnisse des Unternehmenssektors gerecht zu werden. Im Laufe des Jahres Bank führte die mehrjährige Pensionsplan-Regelung, unter denen, wenn die Einleger eine regelmäßige monatliche Zahlung von einem festen Betrag für einen Zeitraum von 84 bis 132 Monate, werden sie förderfähig ab dem 86. und 134. Monate für eine monatliche Rente von vorbestimmten Betrag für immer. Um allen Entwicklungsbedürfnissen der Dörfer einschließlich ihrer sozialen und kulturellen Bedürfnisse gerecht zu werden, hat die Bank ein integriertes Programm zur ländlichen Entwicklung ins Leben gerufen, das nicht nur die Kreditbedürfnisse der Landwirtschaft und der landwirtschaftlichen Tätigkeiten und der Dorfwirtschaft umfasst, sondern auch Wohnraum und soziale Aktivitäten . Die Bank hat das Barzertifikatsschema eingeführt, bei dem das Einlagenzertifikat für eine feste Frist ausgezahlt wird, wobei der Ausgabepreis für die jeweilige Fälligkeitszeitspanne festgesetzt wird und der Nennwert, der dem Ausgabepreis entspricht, zuzüglich der in vierteljährlichen Intervallen verzinslichen Zinsen bezahlt wird. Die Zertifikate werden für den Nominalwert von Rs 100, Rs 1000, Rs 10.000 und Rs 50.000 fällig nach 29,65,84 und 120 Monaten ausgestellt. Die Non-Resident Investment Cell wurde eingerichtet, die die Arbeitsabläufe der nicht ansässigen Investitionsabteilungen in wichtigen Zentren vereinfacht hatte. SBI startete Selbstbeschäftigung-Regelung, für die Bereitstellung von Selbständigkeit für gebildete arbeitslose Jugendliche. Ausgebildete arbeitslose Jugendliche werden ermutigt, selbständige Tätigkeiten in Industrie, Dienstleistungen und Unternehmen durchzuführen. Die Bank bietet bedarfsgerechte Rehabitationshilfe für große und mittlere kranke Industrieeinheiten. Im Laufe des Jahres richtete das Unternehmen eine Datenbank von kranken Einheiten für die Übernahme durch gesunde Einheiten zur Verfügung. Mit Wirkung vom 26. August wurde die Bank von Cochin Ltd mit 108 Filialen auch mit der Bank zusammengelegt. (I) Alle Anteile am Kapital der Imperial Bank of India wurden dem RBI übertragen. Das SBI wurde mit einem genehmigten Kapital von Rs.20 crores und einem ausgegebenen und eingezahlten Kapital von Rs.562.50.000 aufgeteilt in 562.500 Aktien von Rs.100 registriert. (Ii) Jede Person, die am 30. Juni 1955 als Inhaber von Anteilen an der Imperial Bank of India registriert wurde, wurde von der Reserve Bank of India bezahlt. 44.37.500 Anzahl der ausgegebenen Aktien zu einer Prämie von Rs 160 pro Aktie. Am Ende des Jahres wurden 324 kranke Einheiten mit einem hervorragenden Rs 1069 crores unterstützt. Von diesen wurden 107 Einheiten als lebensfähig betrachtet und 60 von ihnen wurden unter regelmäßigem Pflegeprogramm gestellt. Am 1. August eine neue Tochtergesellschaft namens SBI Capital Market funktionierte unabhängig, nahm Leasing-Geschäft und bestimmte andere neue Dienstleistungen. 100,00,00 Anzahl der ausgegebenen Aktien. Von Rs 160 pro Aktie. Bis Ende des Jahres hatte die Bank 30 regionale ländliche Banken für 66 rückständige und unterbelastete Distrikte des Landes gesponsert. Im Bereich der Bereitstellung stieg das Vorschußportfolio der Überseebüros auf Rs 5,767 crores. Die Investitionen in Interbank-Geldmärkte und auch in erstklassige Wertpapiere beliefen sich Ende des Jahres auf Rs 2.670 crores. Im Laufe des Jahres Bank initiiert UPTECH ein Industrie-Technologie-Gruppe zu direkten und Führungen Programme zur Erleichterung der Technologie-Upgrade. Auch ein Schema zur Entwicklung der Unternehmertum unter der Frau Stree Shakti wurde gestartet. Mehrere Konzessionen in Bezug auf Marge und Zinssatz wurden in das Paket eingebaut. Drei Pilotprogramme wurden in Chennai, Kalkutta und Hyderabad gestartet. Am 20. September eröffnete die Bank SBINET, ein integriertes Kommunikationsprojekt mit dem Ziel, den Kundendienst, die betriebliche Effizienz und den Verwaltungskomfort zu verbessern. Das Netzwerk wurde entwickelt, um Sprache, Fax-Daten zu handhaben und verwaltet durch die Stamm-Routen und den Austausch in wichtigen Zentren. Die Bank sponserte 30 RRBs für 66 Divisionen im Land. 74 Filialen wurden eröffnet und das Filialnetz auf 2.306 erhöht. SBICAP startete in ihrer Eigenschaft als Treuhänder und Manager des Investmentfonds zwei Systeme. Mangnum Monthly Income Scheme 1989 und Magnum Tax Service Scheme 1990. Im gleichen Zeitraum startete die SBI in Zusammenarbeit mit der Morgan Stanley Asset Management Inc. aus den USA den India Magnum Fund. Zu den neuen Produkten, die im Laufe des Jahres eingeführt wurden, gehörten ein Regular Income Scheme, das eine versicherte Rendite von mehr als 12 und das erste Pure Growth Scheme angestrebt hat. In Zusammenarbeit mit der Asian Development Bank, Manila, wurde ein zweiter Offshore-Fonds in Höhe von 12 Millionen US-Dollar mit dem Namen Asian Convertible und Indian Fund aufgelegt. Während Kharif 1990 stellte die Bank eine landwirtschaftliche Kreditkarte, bekannt als SBI Green Card, um eine größere Liquidität und Flexibilität für die Landwirte bei der Beschaffung von landwirtschaftlichen Inputs. Das System wurde auf Pilotbasis in 125 intensiven Zweigstellen eingeführt. Zum 31. März hatte SBIMF über 3.40.000 indische Investoren und über Rs 475 crores über investible inländische Fonds. 50.00.000 Anzahl der ausgegebenen Aktien. Von Rs 160 pro Aktie. 1991 - Im Februar hat die Bank eine neue Tochtergesellschaft namens SBI Factors und Commercial Serviced Pvt gegründet. Ltd für die Herstellung von Factoring-Dienstleistungen für die industriellen und kommerziellen Einheiten in Westindien. Die Bank gesponsert 30 RRBs mit einem Netzwerk von 3189 Büros mit 102 rückwärts und unter Banken Bezirke des Landes. Eine Summe von Rs 15,25 crores wurde zum Aktienkapital der RRBs beigetragen. Während des Zeitraums Bank intoduced Stockinvest-Regelung. Auch führte eine Gyan Jyoti, die früheren Bildungs-Darlehen Systeme ersetzt und bietet erhebliche erweiterte Unterstützung für Studenten, die höhere Studien. Darüber hinaus wurden in Mumbai und Delhi spezielle NRI-Filialen mit modernster Technologie eingerichtet, um den besonderen Bedürfnissen der NRI-Bewohner gerecht zu werden. Im Laufe des Jahres als Teil des Übersee-Expansion der Bank gegründet Repräsentanz in Taschkent. Im Dezember veröffentlichte die Bank 124.000.000 Aktien von Rs.10 je Aktie für Bargeld zu einer Prämie von 90 pro Aktie, wovon 245.000.000 Aktien jeweils für eine Zuteilung an indische Finanzinstitute und indische Investmentfonds reserviert wurden. Saldo für die Öffentlichkeit ausgestellt. Gleichzeitig kam es mit einer weiteren Emission von 50.000.000 12 unbesicherten rückzahlbaren variabel verzinsten Anleihen in der Art der versprechenden Scheine mit einem Nennwert von jeweils 1000 Stück. Eine Überzeichnung auf eine weitere Menge von Rs 500 crores (in allen Rs 1000 crores) sollte erlaubt werden. Der Nennwert jeder Anleihe wird nach Ablauf von 10 Jahren ab dem Tag der Zuteilung zu einem Nennwert zurückgenommen. Für den Fall, dass die Landesbank beschließt, von ihrer Option Gebrauch zu machen, die Schuldverschreibungen aufzurufen, würden sie mit dem Satz von 5 am Ende des 5. Jahres, 3 am Ende des 7. Jahres und 1 am Ende des 9. Jahres eingelöst. Es wurde vorgeschlagen, 120000.000 rechte Aktienaktien von je 10 Rs zu einer Prämie von Rs.50 pro Aktie im Verhältnis von 3: 5 auszugeben. Zudem wurden weitere 120.000.000 Aktien von Rs.10 je Aktie mit einer Prämie von Rs.50 pro Aktie ausgegeben. 250 kranke Einheiten mit der Bank wurden auf das BIFR bezogen, darunter 31 Einheiten des öffentlichen Sektors. Genehmigte Rehabilitationspakete, die in 85 Einheiten und 41 eingesetzt werden, wurden empfohlen, um aufgelöst zu werden. Die Bank wurde weiterhin als operative Agentur bestellt und Rehabilitationspakete wurden dem BIFR in 48 Fällen vorgelegt. Anteile unterteilt. 1418.50.000 Anzahl Aktien Rs. 10 jeweils ausgestellt. Von Rs 90 pro Aktie für die Öffentlichkeit. Weitere 1319.78.726 Aktien von Rs 10 jeweils auf eine Prämie angeboten. Von Rs 90 pro Aktie auf Basis der Rechte und Mitarbeiter. 358 kranke Einheiten mit der Bank wurden auf das BIFR bezogen, darunter 55 Einheiten des öffentlichen Sektors. Genehmigte Rehabilitationspakete in 87 Einheiten umgesetzt. 1.80.463 Anzahl der gehaltenen Anteile wurden ausgegeben. 351 kranke Einheiten mit der Bank wurden auf das BIFR bezogen, darunter 66 Einheiten des öffentlichen Sektors. Genehmigte Rehabilitationspakete in 112 Einheiten umgesetzt. 683 Anzahl der gehaltenen Aktien wurden zugeteilt. Am 3. Oktober hat die Bank 261.45.000 DDR in Höhe von 5.220.000 Aktienaktien ausgegeben. 1 DDR wird an 2 Aktien ausgegeben. Der Emissionspreis der DDR betrug 14,15 US-Dollar pro DDR. Anteile, die an Mitarbeiter der Bank mit den Kennzeichen 46.26.00,001 bis 47.46.00.000 ausgegeben werden, sind keine gute Lieferung. Die Bezugsrechtsemission wurde für 12 crore Aktien Aktien zu einer Prämie von Rs.50 Aggregation Rs.720 crore zusätzlich zu einer weiteren Ausgabe von 1,2 crore Aktien Aktien von Rs.10 mit einer Prämie von Rs.50 Aggregation Rs.72 crore für Staat Bankangestellte. Der Preis der Rechte betrug Rs.60 pro Aktie. Nach SBI Capital Markets wird die in Manila ansässige Asian Development Bank bis Mitte 1997 eine Beteiligung von 15 Prozent an der neuen Aktien-Broking-Tochtergesellschaft der State Bank of India übernehmen. Der Saldo 85 Prozent wird von der SBI abonniert. SBI Securities Ltd, die 100-prozentige Börsenmakler-Tochtergesellschaft der SBI, hat vor kurzem das viel erwartete Gründungsschreiben vom Unternehmensregister erhalten. Danach werden sowohl die SBI als auch die ADB ihre jeweiligen Aktien im neuen Börsenmakler abholen. SSL wird eine Eigenkapitalbasis von Rs.50 crore haben. Die staatliche Bank von Indien hat mit GE Capital gebunden, um ein Unternehmen in Mumbai zu schweben. State Bank unterzeichnete das Memorandum of Understanding mit GE Caps im März. State Bank verbindet entweder mit VISA oder Mastercard oder sogar beide für das Franchise-Netzwerk. GE Caps durch dieses Joint Venture vermittelt Technologie, Kreditkarten-Know-how und Zahlungskartenmechanismus. Die Reserve Bank of India hat die SBI gerichtet, um eine 300-Millionen-Stand-by-Einrichtung für die indische Ölgesellschaft aufzubauen. State Bank of India (SBI) unterzeichneten eine Vereinbarung mit der National Securities Depository Ltd (NSDL) für die Dematerialisierung ihrer Aktien. Darüber hinaus hat SBI auch eine Beteiligung Inhaber in NSDL zu einem Umfang von 4,76 geworden. SBI Commercial und International Bank, hat sich die landesweit erste öffentlich-rechtliche Bank zur Einführung optischer Datenträger (OD) Einrichtungen für die Datenspeicherung. State Bank of India wird Kick-Start sein Kreditkartengeschäft am 1. Juli durch schwimmende zwei Joint Ventures mit GE Capital. Der größte Finanzintermediär des Landes wird die Joint-Venture-Vereinbarung mit GE Caps in der letzten Januarwoche unterzeichnen. Die State Bank of India am 27. Januar startete seine Forte in den Zahlungskarten-Geschäft mit einem Joint-Venture-Vereinbarung mit US-basierte Finanzdienstleister Riese, General Electric Capital Corporation (GE Capital). State Bank of India (SBI) am 24. Juni unterzeichnete eine exklusive Vereinbarung mit dem weltweit größten Zahlungssystem - Visa International - für Zahlungskarten in Indien. Das Abkommen wurde in Mumbai zwischen dem SBI-Geschäftsführer, Herrn O P Sethia und dem Generaldirektor und Executive Vice President (Südostasien) von Visa, Herrn James G Murray, unterzeichnet. State Bank of India (SBI) hat das Mandat zur Syndizierung der 120 Millionen Darlehen für die National Thermal Power Corporation (NTPC). Die State Bank of India (SBI) schlägt vor, die Lebensversicherung und allgemeine Versicherungsgeschäft aufzunehmen, sobald der Sektor geöffnet ist. State Bank of India hat mit seinen Banken verbunden, um die SBI-Karte zu vermarkten. Das SBI hat mit der Staatlichen Bank von Patiala in Chandigarh und der Staatlichen Bank von Mysore in Bangalore verbunden, um zu helfen, seine Kreditkarte zu vermarkten. SBI schlägt vor, einen Mehrwertdienst für Karteninhaber einzuführen, wobei die Kreditkarte auch als ATM-Karte verwendet werden kann. Die State Bank of India wird mit internationalen Investmentbanker Credit SuisseFirst Boston und drei inländischen öffentlichen Sektoren binden, um ein Gold Assaying Venture bilden. Die State Bank of India (SBI) hat beschlossen, SBI Home Finance (SBIHF) mit seinen Vermögenswerten und Verbindlichkeiten zu übernehmen. Mit dem größten Anteil, SBI hat wiegt verschiedene Optionen für die Rettung der Joint-Venture-Unternehmen, die in riesige Verluste gerutscht hat. Die Staatliche Bank of India (SBI) hat sich mit Central Depository Services (I) (CDSIL) für die Entmaterialisierung ihrer Anteile unterzeichnet. SBI-Aktien wurden bereits als Sicherheit beim National Securities Depository (NSDL) zugelassen. Außerdem hat SBI auch eine Beteiligung (Rs 10 cr) im Eigenkapital von CSDL. Nach einer Vereinbarung mit der Entwicklungsbank hat die State Bank of India (SBI) ihre Beteiligung an ihrer Investmentbanking-Tochtergesellschaft auf unter 50 Prozent bis zum 31. März zu reduzieren. Die State Bank of India (SBI) hat eine Vereinbarung getroffen Mit Moodys Investor Service und Icra, unter denen SBI abholen Moodys 11 Prozent der Anteile an Icra im Falle der globalen Rating-Firma will aus seiner Investition in Indien. Die staatliche Bank of India (SBI) hat die Führung im Convenience Banking übernommen, indem sie die erste Bank des öffentlichen Sektors wird, die ihren Sparkasseninhabern die Vorteile der Festgelder (höhere Zinsen) und der laufenden Konten (Überziehungseinrichtung) bietet. Die Bank hat den Ausbau des ATM-Netzes in den Partnerstädten Hyderabad und Secunderfabad eingeleitet. Die Bank hat sich das erste staatseigene Finanzinstitut, um den Rang der Unternehmen teilzunehmen, die die Interimsdividende deklarieren. Die Bank hat vorgeschlagen, mit einer Emission unter privater Platzierung von unbesicherten, nicht umwandelbaren, nachrangigen Schuldverschreibungen in der Art von Schuldscheinen von Rs 1 lakh, die jeweils Rs 600 crores aggregieren, eine Option zu geben, um eine Überzeichnung von bis zu Rs 40 crores beizubehalten. Die Bank startete das Metall (Gold) Loan Scheme in Coimbatore. Dies ist das dritte System, das SBI eingeführt hat. SBI bildet auch eine Tochtergesellschaft - SBI Gold und Edelmetalle Pvt. Ltd mit 50 Prozent Beteiligung. Herr Vepa Kamesam, stellvertretender Geschäftsführer, wurde mit Wirkung zum 1. Juni zum Managing Director ernannt. Das SBI-Gremium hat die Gründung einer eigenen Tochtergesellschaft für Informationstechnologie geklärt. KC Raut hat vor kurzem als General Manager bei der State Bank of India, Chennai übernommen. Die Bank hat sich die erste öffentliche Bank zu bieten Festzins Darlehen. Die State Bank of India hat mit der staatlichen Bank von Mysore verbunden, um Co-branded-Kreditkarten als Teil ihrer Strategie zu entwickeln, um mit Banken zusammenzuarbeiten, um ihre Kartenbasis zu erweitern. Central Depository Services (Indien) Ltd hat eine Vereinbarung mit der State Bank of India als Depository-Teilnehmer unterzeichnet. State Bank of India und die Exim Bank der USA haben ein Amemorandum of Understanding unterzeichnet, mit 500 Millionen, um die kleinen und mittleren ndischen Unternehmen zu unterstützen, um US-Waren und Dienstleistungen zu kaufen. Herr Suresh Kumar Mehra, Arbeiter-Direktor, nicht mehr Mitglied des Zentralvorstands der Bank Wirkung vom 1. Oktober, aufgrund seines Ruhestandes bei Abschluss des Geschäfts am 30. September. Die Bank hat eine internationale Kreditkarten für Ärzte ins Leben gerufen , Die Frist seiner Art auf dem Land, bietet Einrichtungen einschließlich spezielle Rabatte auf medizinische Geräte und persönliche Darlehen von GE landesweit. Die State Bank of India hat eine neue Regelung zur Förderung der Exporte eingeführt. Die CRISIL hat ein Triple-A (AAA) Rating für die State Bank of Indias Rs 3.000 Crore-Bonds-Programm zugeordnet. Die Bank hat beschlossen, ihre hundertprozentige Tochtergesellschaft SBI European Bank Ltd. in London zu schließen. Herr S. Mukerji, Geschäftsführer der Bank, die am 30. November von der Bank ausgeschieden ist. State Bank of India Mutual Fund hat die Magnum Gilt Fund, investiert in staatliche Wertpapiere. Die Bank hat ein MoU mit Cardif S. A. für das Banken-Lebensversicherungsgeschäft unterzeichnet. Die Bank hat das freiwillige Rentensystem für berechtigte Arbeitnehmer eingeführt, das vom 15. Januar 2001 bis zum 31. Januar 2001 geöffnet ist. Die Bank hat eine Tochtergesellschaft SBI Life Insurance Company Ltd. Die Bank wird zusätzlich zu der bereits in Guwahati in Auftrag gegebenen Anlage 10 weitere Automated Teller Machines im Nordosten der Region installieren. State Bank of India startete drei weitere Geldautomaten in Bangalore. Herr Y Radhakrishnan wurde zum Posten des geschäftsführenden Direktors der State Bank of India befördert. SBI Cards hat eine spezielle Versicherung Zelle in Ahmedabad für die Erleichterung der Ansprüche der SBI-Karteninhaber durch das tragische Erdbeben in Gujarat betroffenen eingerichtet. SBI hat die Delhi-basierte HCL Com Net zu bieten, um es ATM Teller Interkonnektivität, die Investitionen in mehrere hundert crores könnte beteiligt haben. SBI-Generaldirektor Madhav M Mehta, der derzeit operative Leiter in Gujarat ist, wurde in sein Firmenbüro in Mumbai als Generaldirektor (CGM) überführt. 3. Juli - Ankündigung der Einführung der SBI International Card und der SBI Global Card für Global Reisende in Indien. SBI International Karten und SBI Gold Karten würden an über 20 Millionen Visa Steckdosen weltweit und einem lakh Steckdosen in Indien akzeptiert werden. State Bank of India hat eine ehrgeizige Rs 800-crore Technologie-Upgrade-Programm begonnen. Die Bank hat KPMG, einen Berater in der Computertechnologie, ernannt, um die Vernetzung von Netzwerken mit den EDV-Filialen und auch mit den Geldautomaten im ganzen Land zu ermöglichen, sodass seine Kunden jede Art von Geschäft von jedem beliebigen Ort der Bank ausführen können Power Asia Pacifics 2001 Vertriebsindex (SSI) und Consumer Financing Satisfaction (CFS) Die staatliche Bank of India hat drei weitere Geldautomaten in das Netzwerk aufgenommen. Die neuen Geldautomaten wurden an den SBIs Andheri (West), Goregaon (Ost) und Borivili (Ost) Zweigniederlassungen am 22. September angekündigt. Die State Bank of India (SBI) hat BSE mitgeteilt, dass Shri KJUdeshi, ED, RBI auf dem Central ernannt wurde Vorstand der Bank als Kandidat der RBI anstelle von Dr. YVReddy, wef 22. September 2001 gemäß § 19f des SBI-Gesetzes. State Bank of India hat den Zinssatz für Wohnungsbaudarlehen um 0,5 Prozent auf 12 Prozent gesenkt, wirksam ab 15. September. In einem bedeutenden Schritt hat die State Bank of India beschlossen, sich von ihren Tochtergesellschaften - SBI Capital Markets, SBI Gilts, SBI AMC und State Bank von Kredit-und Handelskammer International. Sie haben die Autonomie, unabhängige Vorsitzende und externe Führungskräfte auf Führungsebene auf marktbezogene Gehälter. Der SBI-Vorsitzende ist derzeit der Ex-Officio-Vorsitzende aller Tochtergesellschaften, einschließlich der assoziierten Banken. Das neue Programm richtet sich ausschließlich an die Auszeichnung Personal, eine Kategorie, die mit Offiziere im Januar 2001 freiwillige Ruhestand Regelung aufgenommen wurde. SBI-Karten am 3. Juli, kündigte die Einführung der SBI International-Karte und die SBI Global Card für globale Reisende in Indien. - VRS implementiert, in dem rund 21.000 Mitarbeiter, darunter Offiziere, in den Ruhestand gehen durfte - Die Bank hat einen weiteren Meilenstein durch einen erfolgreichen Ausflug in die Versicherung gekreuzt. SBI ist die einzige Bank, die eine Beteiligung im Versicherungsgeschäft erlaubt hat. Die Bankenversicherungs-Tochtergesellschaft SBI Life Insurance Company, ein Joint Venture mit der Bank-Holding 74 und Cardif S. A. der Joint-Venture-Partner, der Rest 26, wurde in das Lebensversicherungs - und Pensionsgeschäft einbezogen. Cardif S. A. ist eine hundertprozentige Tochtergesellschaft von BNP-Paribas, der größten Bank in Frankreich und einer der zehn führenden Banken der Welt. Cardif S. A. ist das größte Bancassurance-Unternehmen in Frankreich. - Die Anstrengungen der Banken, ein Weltklasse-Kreditinformationsbüro in Indien zu gründen, gipfelten in der erfolgreichen Einrichtung der Credit Information Bureau (India) Ltd. ein Joint Venture der Bank mit HDFC Ltd. Dun und Bradstreet Information Services India Pvt. Ltd und Trans Union International Inc. - Um das Risiko zu reduzieren und einen transparenten und aktiven Schuldtitelmarkt im Allgemeinen und staatlichen Wertpapiermarkt im Besonderen zu entwickeln, wurde die Clearing Corporation von India Ltd. in Mumbai mit der Bank als Chef gegründet Promoter. - E K Thakur zurücktritt von der Direktion der SBI. - TCS Beutelordnung von Rs 500 crore von SBI. - SBI hat die folgende Änderung der Direktoren informiert. 1. Shri A C Kalita, Direktor der Zentralbank der Banken, ist nach Ablauf der Amtszeit am 12. Mai 2002 nicht mehr Direktor im Verwaltungsrat. Shri Y Radhakrishnan Geschäftsführer GE (CB) hat das Amt des Geschäftsführers am 30. Juni 2002 aufgegeben und ist seit dem 01. Juli 2002 nicht mehr Direktor im Direktorium. - Die indische Regierung hat BSE mitgeteilt, dass Herr DC Gupta IAS Sekretär (Finanzsektor), Ministerium für Finanzen, Department of Economic Affairs, New Delhi wurde als Direktor im Board of State Bank of India mit Wirkung zum 17. Juli 2002 vice Herr SK Purkayastha nominiert. - Staat Bank of India hat BSE mitgeteilt, dass Herr S Govindarajan, Geschäftsführer GE (NB) das Amt des Geschäftsführenden Direktors zum 31. Juli 2002 aufgegeben hat und sein Amt als Vorstandsmitglied am 01. August 2002 eingestellt hat. Weiter Herr PR Khanna , Direktor auf der Zentralbank der Banken, aufzuhören, ein Direktor im Vorstand zu sein, der 20. August 2002 in Folge seines Rücktritts. - Staat Bank of India hat BSE mitgeteilt, dass die Bank beschlossen hat, die SBI Securities Ltd (SBISL), eine Tochtergesellschaft der Bank, nach einer diesbezüglichen Richtlinie vom RBI zu schließen. - Staat Bank of India hat mitgeteilt, dass die Zentrale Regierung Herrn AK Batra, stellvertretender Geschäftsführer, State Bank of India als Geschäftsführer, State Bank of India für den Zeitraum vom Datum seiner Übernahme bis zum 31. August 2003 ernannt , Ist Herr PN Venkatachalam, stellvertretender Geschäftsführer der State Bank of India, zum Geschäftsführer der State Bank of India für den Zeitraum ab dem Datum seiner Übernahme und bis zum 31. März 2004 bestellt worden. - Staat Bank of India hat mitgeteilt, dass Shri Prithvi Raj Khanna und Shri Kumar Bery ordnungsgemäß als Verwaltungsratsmitglieder gemäß Section 19 (c) des SBI Act an der Generalversammlung der indischen Zentralbank gewählt wurden, hat mitgeteilt, dass sie Herrn Ananta Chandra Kalita, Zentralbank der Bank von den Mitarbeitern der Bank, die Arbeiter sind, für einen Zeitraum von höchstens sechs Monaten ab dem 3. Oktober 2002 oder bis sein Nachfolger ernannt wird oder bis er aufhört, Arbeiter Mitarbeiter der State Bank of India zu sein, Oder bis zu weiteren Aufträgen, je nachdem, welches Ereignis früher eingetreten ist. Anteilseigner der Bank am 9. September 2002. - Staat Bank of India hat BSE mitgeteilt, dass Shri Janki Ballabh, der Vorsitzende das Amt des Vorsitzenden nach Ablauf der Geschäftszeiten auf seine Erreichung Superannuation abgetreten hat Am 31. Oktober 2002. - Staat Bank of India hat mitgeteilt, dass Smt Vineeta Rai, Sekretärin (Bankenversicherung), Ministerium für Finanzen und Unternehmen Angelegenheiten, Abteilung für Wirtschaft (Banking Division), Neu-Delhi wurde zum Direktor des Vorstandes ernannt Mit Wirkung vom 30. Oktober 2002. - Staat Bank of India hat mitgeteilt, dass die Zentralregierung, nach Rücksprache mit der Reserve Bank of India, Shri AK Purwar, stellvertretender Geschäftsführer, State Bank als Vorsitzender, State Bank of India aus dem Datum Von seiner Amtsübernahme und bis zum 31. Mai 2003, dh dem Zeitpunkt seiner Amtsenthebung oder bis zu einem späteren Zeitpunkt. Shri AK Purwar übernahm die Anklage des Vorsitzenden, State Bank of India, am 13. November 2002. 2003-State Bank of India (SBI) und Maruti Udyog Ltd haben eine gemeinsame Initiative zur Fahrzeugfinanzierung erschwinglich für mittlere und untere Mittelklasse Kunden. Kunden haben jetzt transparente Autofinanzierung, die keine versteckten Gebühren und Vorabschlüsse Strafen, und auch die Händler Margen, Herr S. K. Bhattacharya, Chief General Manager, SBI, sagte zu den Zeitungen. Es wird sowohl der Bank und Maruti helfen, aggressiv tippen Sie die Andhra Pradesh Markt, sagte er. SBI bietet Finanzierungsmöglichkeiten auch für Lifetime Steuern, Versicherungen und Zubehör des Fahrzeugs. - Die Bank of India hat mitgeteilt, dass die Bank Shri Ananta Chandra Kalita, Head Assistant, die Nationalbank Indiens, als Direktorin des Zentralvorstands der Bank unter den Mitarbeitern der Bank, die für einen Zeitraum von 3 Jahren Arbeitnehmer sind, ernannt hat Beginnend ab dem 15. Juli 2003 oder bis er aufhört, ein Arbeiter der Bank zu sein, oder bis zu weiteren Aufträgen, je nachdem, was früher eintritt, solange er das Amt nicht länger als sechs Jahre im Amt hält. - SBI-Gruppen Gesamtgewinn bei Rs 3,354 cr in 02 identifiziert - Herr DC Gupta als Direktor im Board of SBI nominiert - SBI führt IT-Upgrade-Plan mit KPMG helfen - SBI Cards und Payment Services Private Ltd, die Kreditkarte Tochtergesellschaft des Staates Bank of India, stellt zwei neue Systeme vor kurzem SBI Advantage Card für die Banken Festgelder Kunden und SBI International Card für ihre Darlehen Darlehensnehmer - startet eine neue Kreditprüfung System für kleine und mittlere Unternehmen (KMU) für Darlehen bis zu Rs 25 Lakh - SBI wählt TCS zur Durchführung der Handelsfinanzierungslösung - SBI und ICICI Bank unter den 100 führenden Banken Asiens im Jahr 2001 nach der Studie des Asian Banker Journal - SBI Cash Plus, die Maestro Debitkarte, die es Kunden ermöglicht, auf ihre Depotkonten zuzugreifen Von Geldautomaten und Handelsbetrieben - fördert drei Chief General Managers (CGM) zu den Stellen der stellvertretenden Geschäftsführer (DMDs). Sie sind: AD Kalmankar, CGM verantwortlich für Staff College von Hyderabad, AK Das, CGM, Hyderabad und RK Sinha, CGM, Chandigarh - SBI ernennt Herrn SK Bhattacharya zum neuen Chief General Manager für Hyderabad Kreis - Erhöht seine Beteiligung an (MUL) für Automobilfinanzierung - erhält Erlaubnis von der Versicherungs-Regulierungs-und Entwicklungsbehörde (IRDA), um Gesundheitspflegeprodukte an Einzelpersonen zu verkaufen - erhöht seine Eigenkapitalbeteiligung an DFHIL bis 55.30 - Startet neue Plus-Systeme Darlehen wie Justice Plus für die Richter und Gerichtsangestellten, Police Plus für das Polizeipersonal, Lehrer Plus für die Lehrergemeinschaft und Doktor Plus für die Ärzte - Empfängt RBI-Lizenz für den Aufbau von Offshore-Banking (SBI) in speziellen Wirtschaftszonen - startet die SBI Bangalore-Karte für ein breit angelegtes Zielpublikum in der 25-Jährigen-Gruppe von aufwärts mobilen Profis und mittelständischen Segmenten - SBI stellt Hyderabad-Karte vor, eine exklusive Initiative für die Bürger von Hyderabad - Ananta Chandra Kalita hört auf, Direktor von SBI zu sein - Christens die Verbindung mit Maruti Udyog Ltd. als SBI-Maruti Finance - Aufträge für 1.500 Geldautomaten mit NCR Corporation - Orange, der Mobilfunkbetreiber der Hutch-Gruppe für die Mumbai Kreise, verbindet sich mit State Bank of India für Prepaid-Karte Nachfülloptionen - Seile in US-basierte Berater McKinsey Co, um Business Process Re-Engineering (BPR) Übung für die Bank - Startet Charter für Small Scale Industries (SSIs) - NPA Non Performing Assets) auf 4,5 pc geschrumpft, schreibt Rs 4,000 crore Wert von Vermögenswerten - Forays in den Aktienmarkt - Aktienkurs überquert die Marke Rs 400 zum ersten Mal seit der Registrierung auf BSE - Herr AK Batra, Geschäftsführer Group Executive (Corporate Banking) von der Bank aufzuhören, ein Direktor im Verwaltungsrat mit Wirkung vom 8. Juli 2003 zu sein - Pläne ein neues System, um Wiederauflebende Indien-Anleihen (RIB) - NS Sisodia, Sekretär (Banken-Versicherung), Ministerium für Finanzen und Gesellschaft Angelegenheiten, Abteilung für Wirtschaft (Banking Division), wurde als Direktor auf dem Board of State Bank of India Wef nominiert 11. Juli 2003 - Herr Ananta Chandra Kalita, Chefassistentin der State Bank of India, ernannt als Direktorin im Zentralvorstand der Bank unter den Mitarbeitern der Bank-Inks zwei wichtige Vereinbarungen mit ihren Gewerkschafts - und Offiziersverbänden. SBI, AirTel starten Mobilität Service bei Rs 299 - Zentralregierung nominiert Herr Arun Singh als Direktor im Vorstand der Bank wef 25. Juli 2003 für Einem Zeitraum von drei Jahren. - Staatliche Bank of India zusammen mit ANZ Investment Bank haben 5-Jahres-Syndikats-Darlehen Anlage von 100 Millionen an Indian Petrochemicals Corporation (IPCL) - Öffnet Scheck Clearing cente im Kolkata - Tinten-Pakt mit Mahindra Mahindra (MM) für Co-branded Traktor-System SBI - Mahindra Tractor Plus - Joins Hände mit Traktoren und Farm Equipment Ltd (TAFE) für Traktor-Darlehen - Startet Versicherung in Kerala - Enthüllt neue Retail Bank Darlehen Produkt Credit Khazana, die die Banken Gehäuse Darlehen Kontoinhaber zielt - Enthüllt Online-Ticket-Reservierungssystem e - Rail - Reserve Bank of India nominiert Dr. Rakesh Mohan, stellvertretender Gouverneur, RBI, auf dem Central Board der Bank - ernennt Herr C. Narasimhan als Chief General Manager der SBIs Kerala Circle - Unveils Credit Khazana, Retail Bankdarlehen Produkt, MRO-TEK Ltd hat die staatlichen Banken von Indias bestellt von Rs 15-crore zur Bereitstellung von Netzwerklösungen von 2Mbps und 64 Kbps High-End-Standleitungsmodems für SBI, um mehr als 800 Filialen über die Land. - SBI verbindet Hände mit LIC, um langfristige Investitionsvorschläge für LIC - Tied mit bajaj Auto zu finanzieren, um seine zwei Räder zu finanzieren. - SBI gewährt Rs 125-cr Darlehen an Nethaji Apparel Park, um Einheiten zu etablieren und Maschinen für die erste Charge von 54 Kleidungsstück Pflanzen in der 65-Hektar großen speziellen Bekleidung Park zu kaufen. - Die Bank hat mit TVS Motor Company gebunden, um zwei Räder Darlehen finanziert - Aufgebunden mit apollo Krankenhaus Unternehmen, um für die Krankenhaus-Behandlung zu finanzieren. - Das Unternehmen startet mobile Pre-Paid-Karten Recharge-Anlage an seinem Geldautomaten - Aufgebunden mit ICICI Bank und HDFC für den Austausch von ATM-Netze 2003-Bank hat in MOU mit beiden ICICI Bank und HDFC Bank für die gemeinsame Nutzung von Banken ATM-Netz mit ihnen auf bilateraler Basis . - Die Zentralregierung nach Konsultation der Reserve Bank of India, ernannte Shri Chandan Bhattacharya, stellvertretender Geschäftsführer der State Bank of India als Geschäftsführer der State Bank of India für den Zeitraum vom 17. Dezember 2003 bis 31. Januar 2005. - Die Staatsbank of India has announced a special package to BSNL employees by allowing concessional interest rates for different types of loans to be availed by the BSNL staff. - Former KCCI President nominated to SBI Bangalore Local Board - State Bank Of India has informed that Reserve Bank of India has nominated Shri A V Sardesai, Executive Director, Reserve Bank of India on the Central Board of State Bank of India vice Dr. Rakesh Mohan. - SBI sets up ATM counter in Ernakulam - Bahrain Monetary Agency (BMA) grants in-principle licence to Statte Bank of India (SBI) - SBI sets up Indias first drive-in ATM in Hyderabad - State Bank of India has entered into an alliance with HDFC Bank for sharing ATM networks to be operationalised from February 3, this year. - SBI unveils new branch in Manjeri - Bank awarded special prize for lending to self help group run by women - SBI unveils floating ATM - State Bank of India appointed six new Deputy Managing Directors on February 11, 2004. The new DMDs are: Mr T. S. Bhattacharya, CGM, Product Development and Marketing, Mr M. M.Lateef, Managing Director, SBI Gilts, Mr Yogesh Agarwal, CGM, Chandigarh, Mr Krishnamurthy, CGM, Madras LHO and Mr R. Ramanathan, CGM, Technology and Mr Vijay Anand, CGM, Corporate Account group. These top level appointments follow the appointment of the new Managing Director for the bank, Mr Chandan Bhattacharya, in December. - GAIL ties up SBI for e-banking system - SBI join hands with Visa for travel card - SBI enters into ATM sharing agreements with UTI Bank HDFC Bank - Signs a Memorandum of Understanding (MoU) under which the bank will provide term loans to farmers for purchasing capital inputs from Jain Irrigation Systems Ltd (JISL) - Join hands with Siemens for financing the medical equipments sold by Siemens - Joins hands with VST Tillers to launch SBI-VST Shakti, a new loan scheme for farm mechanisation programme - Unveils Vishwa Yatra foreign travel card, a prepaid card which offers the traveller a convenient and secure way to carry cash - Ties up with Same Deutz-Fahr India for tractor financing - In ally with Sikkim govt to beef up SMEs - The government has chosen State Bank of India (SBI) for channelising government credit to other countries which runs into billions of dollar - SBI opens MICR cheque processing center - Signs MoU with HMT Ltd. for financing their tractors - State Bank of India deploys Flexcube as core banking solution at Frankfurt - Mr Ashok K. Kini appointed as new Managing Director of State Bank of India with effect from April 1, 2004 to December 31, 2005 - SBI unveils Foreign Travel card in Orissa - ICICI Bank, SBI, LIC in pact for Rs 20,000-cr projects - Reliance Info in ATM pact with SBI - State Bank of India, Bangalore Circle, has announced its tie-up with New India Assurance Company Ltd (NIAC), for distribution of NIACs general insurance products in Karnataka - SBI unveils new credit card in Ahmedabad - State Bank of India joined the billion dollar club - THE State Bank of India opened its 236th branch in the State at Tripunithura on June 16 - SBI inaugurates first Internet shoppe in Kochi - State Bank of India has opened a fully computerised branch at Karunagappally in Kollam district - LT-John Deere Private Ltd has signed a memorandum of understanding (MoU) with State Bank of India for tractor finance - Buys 10 stake in Multi Commodity Exchange of India Ltd. (MCDEX) for Rs 2.1 crore - SBI join hands with Hero Honda to unveil co-branded credit card - State Bank of India launched its first mobile ATM for increasing the banking convenience of its customers - State Bank of India has signed a Memorandum Of Understanding (MOU) with the Societe Generale Asset Management of France (SGAM) for inducting Societe Generale Asset Management as a stake holding partner for SBIs mutual fund arm, SBI Fund Management Private Ltd (SBIFMPL) - State Bank of India, (SBI) with a view to expand the ambit of its educational loan schemes, has unveiled a unique educational loan scheme, christened Nursing Plus, for the nursing students of the country - SBI forges alliance with Hero Honda - SBI offers new schemeSchool Plus for schools - SBI Card has launched Instant Card offering customers in need of instant credit opportunity. With this, the customers will get an opportunity to get ready to use credit card within a few hours of filing in their application form - SBI selects Finacle for international ops - SBI enters ATM tie up with Andhra Bank - SBI join hands with LIC for funding infrastructure projects - Tata Motors on December 7, 2004, signs an MoU with State Bank of India (SBI) - SBI partners with Eicher Motors on December 27, 2004 - Raj Travels joins hands with SBI for travel loans - SBI opens branch at Vadakara - SBI join hands with Apollo Health to offer loans - SBI rolls out new loan scheme - SBI opens first branch in Lakshadweep island of Kavaratti - SBI enters into agreement for bilateral sharing of ATMs with PNB on May 10, 2005 - SBI signs MOU with Corporation Bank for ATM sharing - State Bank of India and 8 associate banks have entered into an agreement with Bharat Petroleum Corporation Ltd (BPCL) for enhancing card usage at fuel stations - SBI launches new mortgage loan scheme for traders - SBI launches SBI card in Madurai - SBI inaugurates RBO in Thrissur - SBI signed a memorandum of understanding with Small Industries Development Bank of India for co-financing small and medium enterprises in Andhra Pradesh, Tamil Nadu, Uttar Pradesh, Jammu Kashmir, Jharkhand, Delhi and Bihar - State Bank of India and Crisil have signed a memorandum of understanding under which latter will assign ratings to small-scale industries that are borrowers of SBI - NSIC join hands with SBI to offer credit to SSI - SBI teams up with Nihilent to unveil feedback system - Bhatt to become SBIs new MD - State Bank of India (SBI) has informed that Shri. Yogesh Agarwal has been appointed as Managing Director on the Board of the Bank with effect from October 10, 2006 to the June 30, 2010 - State Bank of India (SBI) has appointed Shri. S K Bhattacharya as Managing Director on the Board of the Bank with effect from October 08, 2007 to the October 31, 2010, as per the Notification dated October 08, 2007, by the Government of India. - The State Bank of India (SBI) has become the first foreign bank to set up a branch in the Israels diamond exchange. Besides diamonds, they also see huge potential in telecommunications, hi-tech, chemicals, textiles, agriculture and water management, food processing, pharma and health care. - State Bank of India (SBI) has informed that the Government of India in pursuance of clause (e) of Section 19 of the State Bank of India Act, 1955 (23 of 1955) has nominated Shri. Arun Ramanathan, Secretary, Ministry of Finance, Department of Financial Services, New Delhi as a Director on the Central Board of State Bank of India with effect from January 18, 2008, vice Shri. Vinod Rai. - State Bank of India (SBI) has informed that the Central Government, in consultation with the Reserve Bank of India and in pursuance of clause (d) of Section 19 of the State Bank of India Act, 1955 (23 of 1955), has nominated Dr. (Mrs.) Vasantha Bharucha as a part-time non-official Director on the Central Board of State Bank of India for a period of three years with effect from February 25, 2008, vice Shri Piyush Goel. - State Bank of India (SBI) has informed that the Central Government, in consultation with the Reserve Bank of India and in pursuance of clause (d) of Section 19 of the State Bank of India Act, 1955 (23 of 1955), has nominated Dr. Rajiv Kumar as part-time non-official director on the Central Board of Directors of State Bank of India for a period of three years with effect from September 08, 2008 or until further orders, whichever is earlier. - State Bank of India (SBI) has signed a Joint Venture Agreement with Insurance Australia Group to form a Joint Venture Company which will be engaged in General Insurance business in India. - State Bank of India has rolled out a micro insurance scheme Grameen Shakti, for its Self Help Group (SHG) members. The product was launched on Nov 26 at the Tamil Nadu Agricultural University. The bank is hopeful to cover at least five lakh SHG members by December 31. - The company has issued rights in the ratio of 1:5 at a premium of Rs.1580/- Per Share. - State Bank of India Issues Rights in the Ratio of 1:5 - State Bank of India yesterday slashed its benchmark lending rate by half a percentage point to 11.75 per cent. The Benchmark Prime Lending Rate (BPLR) was revised down by 50 basis points with effect from June 29, SBI informed the Bombay Stock Exchange. This move would benefit home, car and corporate loan customers - State Bank of India on June 30 launched two new home loan products called as SBI Easy Home Loan and SBI Advantage Home Loan, with zero processing fees for both waived off till September 30. While SBI Easy Home is for loans amount up to Rs 30-lakh while the SBI Advantage Home is for loans above Rs 30-lakh, a press release issued here said. - State Bank of India, entered into an agreement with the government of Gujarat to create a fund of Rs 5,000 crore for investing in equity of infrastructure projects. - State Bank of India, with a debit card base of over 70 million, comprising SBI Cash Plus, SBI Gold Debit Card and SBI Yuva Card, has added chip and PIN-based Platinum Debit Card to its bouquet on March 26. - Mr Arun Kumar Agarwal has taken over charge as General Manager at State Bank of India, Kerala Circle. Until now, he has been General Manager at the Lucknow Circle of the bank. Mr Agarwal is Certified Associate of Indian Institute of Bankers and joined State Bank of India as a Probationary Officer in 1977. An expert in credit and foreign exchange, he has held several assignments ranging from Branch Manager to Regional Manager in the Patna and Delhi circles. He also served in the banks foreign department at Kolkata handling investment of the FCNB portfolio, derivatives and correspondent relations. He has headed the Pune Module of the bank and has also served as the Deputy General Manager and Business Head for Network-1 of the Mumbai Circle. - State Bank of India (SBI) has signed a pact with Unique Identification Authority of India (UIDAI) to work as a registrar for the UID registration of residents. It has become the first bank to take up registration work for the UIDAI project. As a registrar, SBI will capture through empanelled enrolment agencies, the biometric characters such as finger prints, iris and so on and send the information to UIDAI. - Stata Bank of India (SBI) has come up with an exclusive branch in Hyderabad, for their ultra high networth individual (HNIs) which is by far is first of its kind in the country. - State Bank of India acquired State Bank of Indore. - SBI - Joint Venture agreement with State General Reserve Fund (SGRF), Sultanate of Oman - State Bank of India has consortium of Elavon Incorporation, USA and Visa International, USA as its Joint Venture (JV) Partner for Merchant Acquiring Business. - State Bank of India launched a special concessional banking scheme for the Air Force personnel. - State Bank of India (SBI) has signed an agreement with Unique Identification Authority of India (UIDAI) in order to work as a registrar for the UID registration of residents. - State Bank of India, with a debit card base of over 70 million, comprising SBI Cash Plus, SBI Gold Debit Card and SBI Yuva Card, has added chip and PIN-based Platinum Debit Card to its bouquet on March 26. - Witnessed a joint venture between the nations largest lender, State Bank of India and the telecom lead, Bharti Airtel with an aim to provide the banking services amongst the unbanked population of the country. - SBI - Acquisition of SBICI Bank - State Bank of India shifted from Varma Chambers, Fort, Mumbai to the following address with effect from September 28, 2011.Shares Bonds Dept. State Bank of India, Corporate Centre,8th Floor, State Bank Bhavan, Madam Cama Road, Mumbai - 400 021Telephone nos. 022-22740841-48 (eight lines) Fax number(s): 022-22855348. - P Choudhary has been appointed as the new chairman of State Bank of India after getting clearance from the government. - Experian Credit Information Company of India Private Limited, the first CICRA licensed credit bureau in India on September 23, 2011 said it has signed a membership agreement with State Bank of India (SBI), the largest consumer lender in India to contribute data to Experianrsquos credit bureau and enhance the effectiveness of companys range of products and services. - State Bank of India signed a Preliminary Non-Binding Memorandum of Understanding with Russian Direct Investment Fund (RDIF), to facilitate advancing bilateral economic cooperation and trade between Russia and India aimed at exploring investment opportunities in both the countries. - Indias largest public sector lender, State Bank of India (SBI) has entered into an agreement with StarAgri Warehousing Ltd (StarAgri), Indias leading agri-services solutions provider, for Warehousing Receipt Financing and Collateral Management Services. - SBI launched virtual debit cards to check online fraud and promote ecommerce - SBI, ICICI Bank leading m-banking revolution in India. With the advent of smartphones and 3G services, the Mobile Banking (m-Banking) services have been fast catching up with Indian customers for conducting balance inquiries, account transactions, utility payments, and other banking activities using a mobile handset - Indias largest lender State Bank of India (SBI) has been planning to cut the processing and conversion fee for home loans to leverage the approaching festival season when Indians usually spur buying as businesses offer healthy discounts. - Indias leading Public Sector lender the State Bank of India (SBI) is stepping up efforts to expand its presence in the worlds second biggest economy with the lender set to launch its second branch in China. - SBI Issue of 5 year Bonds - SBI inaugurates 2nd branch in Tianjin and China - SBI to launch 100 branches in AP - SBI introduces smart pre-paid card for students, blue collar workers - AMW Motors collaborates with SBI to finance sale of vehicles - SBI launches 10 branches in Raebareli 2014 - SBI announces 150 interim dividend - State Bank of In-dia launches new digital Online and self-service banking solutions with support from Accenture - State Bank of India unveils 6 digital branches - SBI launches Tech Learning Centres (TLCs) for customers - State Bank of India has splits its face value from Rs 10/- to 1/- 2015 - State Bank of India has launched a RuPay Platinum debit card in association with National Payment Corporation of India (NPCI) - SBI builds foundation for group CSR activities - SBI introduces online facility for overdraft against FDs - SBI partners with Amazon - SBI entered into a MoU with PayPal, an American online money transfer services provider firm, for facilitating cross-border transactions - State Bank of India said it has launched SBI eforex - SBI launched an initiative to provide doorstep services and expedite home loans application process - State Bank of India jointly launched a cyber crime awareness campaign Quick LinksBank of Baroda forex scam: Slum dwellers made company directors New Delhi: Slum dwellers in Delhi were made pseudo entrepreneurs in the illicit money remittance case involving public lender Bank of Baroda, a daily newspaper has said. As per a report in the Times of India, vegetable sellers, rikshaw pullers and even domestic maids were approached to become proxy company directors in the money transfer case. It is alleged that Rs 6,172 crore black money was remitted from Bank of Baroda to Hong Kong camouflaged as payments for non-existent imports like cashew, pulses and rice. It is also alleged that amount was deposited in 59 accounts of the banks Ashok Vihar branch (New Delhi) in cash as advance for import and the money was sent to some selected companies in Hong Kong. The branch opened 59 current accounts during the period May 2014 to June, 2016 through which large foreign exchange remittance were done. The TOI report said that drivers, vendors etc were asked to just provide their voter ID cards, PAN cards for which they were offered Rs 10-15,000 per month. On the basis those documents current accounts were opened in the BoB branch in the name of fake companies, the paper further said. Both the Central Bureau of Investigation and Enforcement Directorate are probing transactions. Global Presence Bank of America N. A. (Bank of America) is incorporated in the USA, and operates through its branches in India. It commenced operations in India through its Mumbai branch in 1964. Bank of America offers a comprehensive suite of financial products and solutions to top Indian Corporates, Multinationals, Multilateral agencies amp Foreign Government entities and Financial Institutions. The bank has its India headquarters in Mumbai, with four branch offices across Mumbai, New Delhi, Chennai, and Bengaluru. With an India presence for over five decades, Bank of America is committed to its clients in India and has a well established track record and market expertise in Indian financial markets. The bank has carved a niche for itself as a leading global financial firm, one which delivers insightful solutions to clients combined with an extended global reach and a strong emphasis on building long term relationships. The banks India-based coverage specialists and product professionals work together to leverage Bank of Americas global strength to meet clients comprehensive needs including working capital needs, treasury management, trade finance amp solutions, capital raising, risk management, forex and fixed income. The global merger of Merrill Lynch with a subsidiary of Bank of America Corporation additionally brings to our clients an enhanced product suite of services through DSP Merrill Lynch, a pre-eminent investment banking and securities firm. The group brings a unique blend of global reach and local expertise sharing over 100 years of combined India experience. DSP Merrill Lynch is an affiliate of Merrill Lynch amp Co. a subsidiary of Bank of America Corporation. For more information, please visit our DSP Merrill Lynch website . You are now leaving Bank of America Merrill Lynch. By clicking Continue, you will be taken to a website that is not affiliated with Bank of America Merrill Lynch and may offer a different privacy policy and level of security. Bank of America Merrill Lynch is not responsible for and does not endorse, guarantee or monitor content, availability, viewpoints, products or services that are offered or expressed on other websites. You can click the Cancel button now to return to the previous page. General Disclaimer for Bank of America Merrill Lynch Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N. A. Member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (Investment Banking Affiliates), including, in the United States, Merrill Lynch, Pierce, Fenner amp Smith Incorporated and Merrill Lynch Professional Clearing Corp. both of which are registered as broker-dealers and Members of SIPC. and, in other jurisdictions, by locally registered entities. Merrill Lynch, Pierce, Fenner amp Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured May Lose Value Are Not Bank Guaranteed. copy 2016 Bank of America Corporation. Disclaimer for Australia: Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation (BAC). Lending and other commercial banking activities are performed globally by banking affiliates of BAC and in Australia by Bank of America, N. A. Australian Branch (BANA Australia). Securities, corporate advisory and capital markets services are performed in Australia by Merrill Lynch Markets (Australia) Pty. Limited, Merrill Lynch (Australia) Futures Limited, Merrill Lynch Equities (Australia) Limited and their related bodies corporate (together BofAML) which hold, or are exempt from the requirement to hold, an Australian Financial Services Licence. Apart from BANA Australia, none of the other BofAML entities including BAC are Authorised Deposit-taking Institutions authorised under the Banking Act 1959 of Australia nor regulated by the Australian Prudential Regulation Authority. The obligations of BofAML entities (other than BANA Australia) do not represent deposits or other liabilities of BANA Australia and are not guaranteed by BANA Australia. copy2016 Bank of America Corporation. Published in Australia by BANA Australia. Disclaimer for India: Bank of America N. A. and DSP Merrill Lynch Limited are subsidiaries of Bank of America Corporation operating in India. Bank of America N. A. Bank of America provides the following banking products in India: working capital and term loans, structured finance, export finance, global cash management, trade products, foreign exchange services and currency solutions. DSP Merrill Lynch Limited: DSP Merrill Lynch provides the following services in India: Research, Equity Sales Trading, Futures Options, Electronic Trading, Equity Capital Markets, Debt Capital Markets and MA. SEBI Regn Nos. Research Analyst: INH000000503, Stock Broking: INB/INF 011348134, INB/INF 231348138, Merchant Banker: INM000011625, Depository Participant: IN-DP-NSDL-223-2001. Registered Office: DSP Merrill Lynch Limited, Ground Floor, A-Wing, One BKC, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051, India. Tel. (91-22) 6632 8000. For specific investor grievances, if any, email IDs are brokingindiaml. dpindiaml. dg. indiamerchantbankingbaml. Compliance officer - Jinendra Shah, Email: jinendra. shahbaml. Tel No. 91 22 6632 8000 Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N. A. member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (Investment Banking Affiliates), including, in the United States, Merrill Lynch, Pierce, Fenner Smith Incorporated, which is a registered broker-dealer and member of SIPC. and in other jurisdictions, locally registered entities. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured. May Lose Value. Are Not Bank Guaranteed. copy 2016 Bank of America Corporation. Disclaimer for Brazil: Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N. A. member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (Investment Banking Affiliates), including, in the United States, Merrill Lynch, Pierce, Fenner Smith Incorporated and Merrill Lynch Professional Clearing Corp. both of which are registered as broker-dealers and members of SIPC. and, in other jurisdictions, by locally registered entities. Merrill Lynch, Pierce, Fenner Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Ouvidoria Bank of America Merrill Lynch 1 DDG: 0800 886 2000 email: ouvidoriabamlbrasilbaml 1 Bank of America Merrill Lynch Banco Muacuteltiplo S. A. e Merrill Lynch S. A. Corretora de Tiacutetulos e Valores Mobiliaacuterios Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured May Lose Value Are Not Bank Guaranteed. copy 2016 Bank of America Corporation. Disclaimer for Latin America: Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N. A. member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (Investment Banking Affiliates), including, in the United States, Merrill Lynch, Pierce, Fenner Smith Incorporated and Merrill Lynch Professional Clearing Corp. both of which are registered as broker-dealers and members of SIPC. and, in other jurisdictions, by locally registered entities. Merrill Lynch, Pierce, Fenner Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Bank of America Corporation and its affiliates do not perform in any jurisdiction banking activities that are reserved by local law to licensed banks, except in those jurisdictions where its banking affiliates have procured the necessary licenses. Some or all of the products may not be available in certain jurisdictions and are subject to change without notice. This document and its content are for information purposes and shall not be interpreted as banking or financial intermediation, business solicitation and/or public offering of any kind. Bank of America Meacutexico, S. A. Institucioacuten de Banca Muacuteltiple is a banking affiliate in Mexico of Bank of America Corporation. Bank of America N. A. Oficina de Representacion (Colombia), is a representative office in Colombia of Bank of America N. A. supervised by the Superintendencia Financiera de Colombia and authorized to promote in Colombia select products and services that Bank of America N. A. provides outside of Colombia. Neither Bank of America, N. A. nor its Representative Office in Colombia, is authorized to carry out in Colombia any activities that are reserved by Colombian law to locally licensed banks. Bank of America N. A. Oficina de Representacion (Peru), is a representative office in Peru of Bank of America N. A. supervised by the Superintendencia de Banca, Seguros y Administradoras Privadas de Fondos de Pensiones and authorized to promote in Peru select products and services that Bank of America N. A. provides outside of Peru. Neither Bank of America, N. A. nor its Representative Office in Peru, is authorized to carry out in Peru any activities that are reserved by Peruvian law to locally licensed banks. Bank of America N. A. Oficina de Representacion (Chile), is a representative office in Chile of Bank of America N. A. supervised by the Superintendencia de Bancos e Instituciones Financieras and authorized to promote in Chile select products and services that Bank of America N. A. provides outside of Chile. Neither Bank of America, N. A. nor its Representative Office in Chile, is authorized to carry out in Chile any activities that are reserved by Chilean law to locally licensed banks. Bank of America Corporation does not have banking affiliates, branches or bank representative offices in any other jurisdiction in Latin America. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation, including, in the United States, Merrill Lynch, Pierce, Fenner Smith Incorporated and Merrill Lynch Professional Clearing Corp. which are registered as broker-dealers and members of FINRA and SIPC. and in other jurisdictions, by locally registered entities. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured May Lose Value Are Not Bank Guaranteed. copy 2016 Bank of America Corporation. Terms and Conditions TERMS AND CONDITIONS FOR BANK OF AMERICA CORPORATION WEBSITES These Terms and Conditions (Terms and Conditions) are for the Bank of America Corporation (Bank of America) website and those websites of its affiliates (collectively the Sites) including Bank of America, N. A. Merrill Lynch, Pierce, Fenner Smith Incorporated, Bank of America Capital Management and certain other affiliates enumerated herein (collectively Affiliates) that are available through the Bank of America Sites and apply to all services, programs, information and products (collectively Service) that you (Client) may use or otherwise access from time to time through the Sites (Agreement). USE OF SITES Client agrees that any trade confirmation, account statement or other document delivered through the Sites by clicking on the designated spaces in or relating to such document shall be deemed to be in writing and to have been signed and delivered for all purposes by Client. Any record of such transaction or confirmation (including, without limitation, electronic records) shall be deemed to be in writing. Client further agrees that it shall not contest the legally binding nature, validity or enforceability of any transaction, document or confirmation based on the fact that it has been executed by clicking on the designated spaces and expressly waives any and all rights it may have to assert such claim. Bank of America hereby grants to Client a worldwide, non-exclusive, non-sublicensable, non-transferable, non-assignable, personal right and license to access and use the Sites solely for Clients internal use in accordance with the terms of this Agreement. Client accepts the right and license granted herein to access and use the Sites solely in accordance with this Agreement and any rules or restrictions or procedures published by Bank of America on the Sites from time to time. Client acknowledges and agrees that the Sites, and all intellectual property and proprietary rights therein and thereto, anywhere worldwide, including such rights in copyrights, trademarks, service marks, trade dress, patents, patent applications and trade secrets and other proprietary and/or confidential information (collectively, IP), are the valuable property of Bank of America and/or its affiliates and licensors. Other than the license granted hereunder, Client obtains no rights to the Sites. Client may not access or use the Sites in any way that may infringe any IP right of Bank of America or its Affiliates or licensors. Client promptly shall notify Bank of America of any actual or threatened infringement or misappropriation of IP, or any portion thereof, of which it becomes aware. Client acknowledges and agrees that it will not use, or allow the use of the Sites in contravention of, and will comply with, any applicable laws, rules, regulations or interpretations (collectively, Applicable Law). Client agrees that it will not, and will not authorize or permit any person (Authorized Person) under its control, under any circumstance to: sell, lease, transfer, recirculate, republish, redistribute, make available or otherwise provide access to the Sites, or any portion thereof or data thereon, to any person other than its Authorized Persons, including through oral, written, or electronic means whether as a demonstration or otherwise photocopy, download or otherwise reproduce in any medium any portion of the Sites, except that Client may download into Clients internal computer system, or print a hard copy of, content on the Sites, in whole or in part, provided that, in each case, all copyright and other proprietary notices are retained and complied with or alter, decompile or reverse engineer any software component of the Sites. All cost and expense of equipment, operating platforms, and software necessary to access and use the Sites, and the maintenance thereof shall be the sole responsibility of Client. No provision of these Terms and Conditions shall restrict Client from taking any action required by any Applicable Law, any self-regulatory organization or any governmental entity to which it is subject. Prior to taking any such action, Client shall, to the extent reasonably practicable given the then-current circumstances, notify Bank of America in writing thereof and consult with Bank of America regarding the steps to be taken to ensure compliance with Applicable Law. CLIENT ACKNOWLEDGES AND AGREES THAT IT WILL BE RESPONSIBLE TO ENSURE THAT ANY ACTIVITY UNDERTAKEN BY CLIENT OR ITS AUTHORIZED PERSONS IN ANY JURISDICTION AND WITH ANY PERSON IN WHOLE OR IN PART ON OR THROUGH THE SITES IS IN COMPLIANCE WITH APPLICABLE LAW. Client agrees to provide Bank of America with all information, cooperation and assistance, documents and data as shall reasonably be requested by Bank of America in order to enable Bank of America to comply with any and all Applicable Law. Client understands and agrees that Bank of America may report such information to regulatory authorities to the extent necessary, in its reasonable discretion, to comply with Applicable Law. Bank of America shall assign to each Authorized Person a unique User ID (User ID) and a corresponding password and/or other access codes (each, an Access Code) to enable Authorized Persons to access and use such functions within the Sites as Client shall authorize. Client shall (i) maintain, (ii) take appropriate steps to ensure that its officers and employees maintain, and (iii) inform all Authorized Persons of Clients obligation to maintain, the confidentiality of User IDs and Access Codes and the security of the Sites. Client shall not permit any person other than an Authorized Person to access or use the Sites on its behalf or to use any User ID or Access Code and shall educate and familiarize those Authorized Persons who access and/or use the Sites with Clients obligations under this Agreement. Client acknowledges and agrees that Client and/or its Authorized Persons may access the Sites through the World Wide Web or other Internet service which is not necessarily secure, and Bank of America does not warrant that such system is secure. Client agrees to be bound by all communications (and the consequences thereof) placed on, executed through or facilitated by the Sites that are accompanied by a valid User ID and a valid Access Code assigned to Client or an Authorized Person. Upon becoming aware of, or if Client suspects, a technical failure or any improper access to or use of the Sites or Access Codes by any Authorized Person or other person, Client shall promptly notify Bank of America of such occurrence, and shall, as promptly as practicable, to the extent any improper access or use is by an Authorized Person, take immediate actions to terminate such Authorized Persons access to and use of the Sites. Bank of America reserves the right to limit or terminate Clientrsquos or any Authorized Personrsquos access to and use of the Sites immediately and without notice. Unless specifically identified as an offer to sell or a solicitation of any offer to buy, under no circumstances should any information on the Sites be used as or considered to be an offer to sell or a solicitation of any offer to buy the securities or any other instruments of Bank of America or any other issuer. Offers can only be made where lawful under applicable law. Any information, services, or securities offered via the Sites are intended to be available only to residents of Argentina, Brazil, Canada, France, Germany, Hong Kong, Ireland, Japan, Italy, Korea, the Netherlands, Singapore, the United States and the United Kingdom. The viewing or distribution of the Sites may be restricted by law in certain jurisdictions. Persons using the Sites are required to inform themselves about and observe any legal restrictions on the use of the Sites and any restrictions set forth in the Sites. The Sites do not constitute an offer of, or a solicitation to purchase any securities in any jurisdiction in which such offer or invitation would be unlawful. If you wish to obtain further details about any information contained through the Sites, there are several areas on the Sites that will provide you with contact information. DISCLOSURE OF INTEREST Affiliates of Bank of America may make a market or deal as principal in the securities mentioned in these Sites or in options based thereon. In addition, Bank of America or its Affiliates, their shareholders, directors, officers and/or employees, may from time to time have long or short positions in such securities or in options, futures or other derivative instruments based thereon. One or more directors, officers and/or employees of Bank of America or its Affiliates may be a director of the issuer of the securities mentioned at these Sites. Bank of America or its Affiliates may have managed or co-managed a public offering of, or acted as initial purchaser or placement agent for a private placement of, any of the securities of any issuer mentioned on the Sites, or may from time to time perform consulting, advisory, lease, loan solicitation, investment banking or other services for, or solicit investment banking or other business from, mentioned companies. ACCOUNT INFORMATION Certain information from Clientrsquos account(s) at Bank of America or its Affiliates is accessible on the Sites and can be downloaded by Client (Account Information). While Bank of America and its Affiliates believe that this Account Information will be accurate at the time of access and/or downloading by Client, this information may have certain technical flaws, typographical errors or other inaccuracies. Additionally, the Account Information is subject to immediate change resulting from market conditions, price fluctuations and other related factors. Bank of America and its Affiliates expressly disclaim any responsibility or liability for the accuracy or use of such Account Information upon its being downloaded by Client and will not be liable for any difficulty, damage or inaccessibility of such information due to hardware or software incompatibility. PRICING AND MARKET INFORMATION Actual prices can be obtained only on a real-time, expressly agreed-upon basis. Any indicative valuations on the Sites are provided for information only. They are not an offer to enter into, transfer and assign or terminate any transaction, or a commitment by Bank of America or its Affiliates to make such an offer. An indicative valuation may differ substantially from an actual value. Such estimates do not necessarily reflect Bank of Americarsquos or its Affiliatesrsquo internal bookkeeping or theoretical model-based valuations. Certain factors, which may not have been assessed for purposes of these valuations, including, for example, notional amounts, credit spreads, underlying volatility, costs of carry or use of capital and profit, may substantially affect a stated valuation. Indicative valuations may vary significantly from indicative valuations available from other sources. While Bank of America and its Affiliates have obtained the information on which these evaluations are based from sources they believe are reliable, Bank of America and its Affiliates make no representations or warranties with respect to any indicative valuations. Prior to the execution of a Transaction based upon the Content of these Sites, Client is advised to consult with its broker or other financial representative to verify pricing information. HYPOTHETICAL OR PAST PERFORMANCE Hypothetical or simulated performance results have inherent limitations. Im Gegensatz zu einem tatsächlichen Performance-Datensatz, simulierte Ergebnisse nicht repräsentieren tatsächlichen Handel. Also, since the trades have not actually been executed, the results may have under or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are designed with the benefit of hindsight. Past performance is not indicative of future results no representation is being made that any account will or is likely to achieve profits or losses similar to those shown. MATERIAL IN ITS ENTIRETY All materials at these Sites are meant to be reviewed in their entirety, including any footnotes, legal disclaimers, restrictions or disclosures, or any copyright or proprietary notices. Any disclaimers, restrictions, disclosure or hedge clauses apply to any partial document or material in the same manner as they do to the whole, and will be deemed incorporated in the portion of any material or document that you consult or download. LINKED SITES Certain hyperlinks on the Sites may link websites maintained by the Affiliates, which are not to be considered a part of the Sites. Certain other links on the Sites to non-affiliated third-party sites may contain information over which we have no control. We take no responsibility for the content, accuracy, content, completeness, timeliness, current value or any aspect of the information on these sites and disclaim any liability to Client for it or for any consequence of your decision to use the links provided or your use of such information. Links to nonBank of America sites do not imply any endorsement of or responsibility for the opinions, ideas, products, information or services offered at such sites, or any representation regarding the content at such sites. We also disclaim all liability and make no representations or warranties for any products or services sold or provided to Bank of America or its Affiliates by any third party. Your purchase of products or services through one of those other sites is subject to agreements and/or the terms and conditions in effect between Client and the providers of products and services at those other sites. Client agrees that it shall not bring a suit or claim against Bank of America or its Affiliates arising from or based on your purchase or use of products or services through those other sites. Links do not imply that Bank of America, its Affiliates or the Sites sponsors, endorses, is affiliated or associated with, or is legally authorized to use any trademark, trade name, logo or copyright symbol displayed in or accessible through the links, or that any linked sites is authorized to use any trademark, trade name, logo or copyright symbol of Bank of America or its Affiliates. CONTENT AND SERVICE AVAILABILITY Bank of America or its Affiliates may make changes to the Sites and reserves the right to do so without prior notice to you. Client acknowledges that not all products and services listed or discussed in the Sites are available in all geographic areas. Your eligibility for particular products and services is subject to final determination and acceptance by Bank of America or its Affiliates. CONSENT TO ELECTRONIC DELIVERY You agree to receive certain documents and information provided by Bank of America and its Affiliates through the Sites and/or through email provided to you via the Sites. This delivery will generally consist of certain Content on the Sites, and certain other documents relating to Bank of America and its Affiliatersquos business. This electronic provision and delivery will be regarded by you as appropriate delivery pursuant to any delivery requirements under the various statutes and rules, where applicable, of the Securities and Exchange Commission, the National Association of Securities Dealers and any state or other jurisdiction. You acknowledge that you have the appropriate technological equipment to use the Sites and to receive email via the Internet and understand that your use of the Internet may incur certain operational costs such as monthly fees for a service provider. You agree to notify Bank of America or the applicable Affiliate in the event that you no longer desire to receive content through this delivery procedure and will allow a reasonable amount of time to permit proper delivery to you through other means. NO WARRANTY Client acknowledges that any information provided through the Sites is not intended to be a recommendation, offer or solicitation of any particular products or services. In addition, all research, analysis and similar market information from non-affiliated third parties provided represent the views and opinions solely of the author or the indicated source. Bank of America and its Affiliates do not independently verify the accuracy or completeness of such information, nor does Bank of America and its Affiliates endorse any particular views expressed therein. Except for offering memoranda, Bank of America and its Affiliates disclaim any liability to Client for this information or for any consequence of your decision to use it. Client agrees that it shall independently confirm any such information presented through the Sites before relying on such information. Bank of America, its Affiliates and their respective employees, contractors, agents and various contributors to the Sites have no duty to correct or update any inaccurate or out-of-date information on the Sites. Client acknowledges that it is acting for its own account, and it has made its own independent decisions to enter into a Transaction and as to whether a Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. Client is not relying on any communication (written or oral) of Bank of America or its Affiliates as investment advice or as a recommendation to enter into a Transaction it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction. Further, Client has not received from Bank of America or its Affiliates any assurance or guarantee as to the expected results of a Transaction. COMPLIANCE WITH LAWS AND INDEMNITY The Sites may be used only for lawful purposes. Clientrsquos conduct may be subject to local, state, national and international laws. Client agrees that it and any of its Authorized Persons shall comply with this Agreement, applicable laws, rules, regulations, ordinances and other similar national and international requirements of the country, state and province in which you are accessing and using the Sites. Client agrees to abide by applicable export control laws and not to transfer, by electronic transmission or otherwise, any content on the Sites subject to restrictions under such laws to a national destination prohibited under such laws, without first obtaining, and then complying with, any requisites government authorization. Client further agrees not to upload to the Sites any data or software that cannot be exported without prior written government authorization, including, but not limited to, certain encryption software. This assurance and commitment shall survive termination of these Terms and Conditions. Offices, residents and operations of your organization in Cuba, Iran, Iraq, Libya, North Korea, Sudan, Syria and any other countries that are the subject of sanctions by the United States Office of Foreign Asset Control or other general U. S. embargo restrictions are not permitted to access and use the Sites, and any such access and use is a violation of these Terms and Conditions. Upon request by Bank of America or its Affiliates, you agree to defend, indemnify and hold harmless Bank of America, its Affiliates, their officers, directors, employees, agents, contractors or other suppliers from all liabilities, claims and expenses, including attorneys fees, that arise from a breach of these Terms and Conditions for which you are responsible, or from third-party claims arising from your use of the Sites. Bank of America and its Affiliates reserve the right to assume the exclusive defense and control of any matter otherwise subject to indemnification by you. Notwithstanding the foregoing, you are not required to indemnify Bank of America or its Affiliates for its own violations of applicable laws. FOR RESIDENTS OF BRAZIL: The information contained here does not constitute a public offering or distribution of securities in Brazil and no registration or filing with respect to any securities or financial products available on the Sites has been made with Commisao de Valores Mobiliarios. FOR RESIDENTS OF CANADA: The information contained here does not constitute a public offering or distribution of securities in Canada or any of its provinces. No registration or filing with respect to any securities or financial products available on the Sites has been made with any regulatory agency thereof. FOR RESIDENTS OF FRANCE: The Sites do not constitute a solicitation to enter into a transaction involving financial instruments, is not being distributed in the context of a public offer in France within the meaning of Article L. 411ndash1 of the Monetary and Financial Code, and has thus not been submitted to the COB for prior approval and clearance procedure. Any offers, sales or distribution of financial instruments through the Sites shall only be made in France to qualified investors (investisseurs qualifis) as defined in and in accordance with Article L. 411-2 of the Monetary and Financial Code and dcret no. 98ndash880 dated 1st October, 1998. The contents of the Sites may not be redistributed or reproduced (in whole or in part) by any User. The Sites are made available with the understanding that Users will make investment decisions for their own account with the conditions set out in dcret no. 98ndash880 dated 1st October, 1998. By using the Sites, Users undertake not to transfer, directly or indirectly, any financial instrument acquired through the Sites to the public in France, other than in compliance with applicable laws and regulation. Services hereunder may be provided by Banc of America Securities, Limited, as agent or otherwise. FOR RESIDENTS OF GERMANY: The Sites are made available only to professional investors as such term is defined in the Securities Sales Prospectus Act. FOR RESIDENTS OF HONG KONG: Access to the Sites is by invitation only to institutional investors. No information or material contained in the Sites is or should be construed as amounting to an offer to enter into any transaction or investment whatsoever. The information on these Sites is provided by the Hong Kong branch of Bank of America, N. A. and is compiled from information prepared by subsidiaries and affiliates of Bank of America Corporation. Your agreement for the use of this Site is with the Hong Kong branch of Bank of America, N. A. FOR RESIDENTS OF IRELAND: Access to the Sites is by invitation only to professional investors. FOR RESIDENTS OF ITALY: Access to the Sites is by invitation only to professional investors as defined in article 31 of CONSOB regulation no. 11522 of July 1, 1998. FOR RESIDENTS OF JAPAN: Access to the Sites is by invitation only to financial institutions as defined under the Law Concerning Foreign Securities Firms. FOR RESIDENTS OF KOREA: Access to the Sites is by invitation only to professional investors with a valid password. The information contained here does not constitute a public offering or distribution of securities in Korea. FOR RESIDENTS OF NETHERLANDS: Access to the Sites is by invitation only to professional market parties as defined in the Dutch Securities Transactions Supervision Act 1995. Securities or other instruments on these Sites are only offered to professional market parties. FOR RESIDENTS OF SINGAPORE: Access to the Sites is by invitation only to institutional investors. The information contained here does not constitute a public offering or distribution of securities in Singapore. The information in these Sites is provided by Bank of America Singapore Limited and is compiled from information prepared by subsidiaries and affiliates of Bank of America Corporation. Your agreement for the use of these Sites is with Bank of America Singapore Limited. LIMITATION OF LIABILITY THE FOLLOWING LIMITATIONS OF LIABILITY IN THIS SECTION SHALL NOT APPLY TO VIOLATIONS OF LAWS RELATING TO THE OFFER AND SALE OF SECURITIES. YOU ACKNOWLEDGE THAT NEITHER Bank of America, ITS AFFILIATES NOR THEIR OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, CONTRACTORS OR OTHER SUPPLIERS MAKES ANY WARRANTIES OR GUARANTEES WITH RESPECT TO THE SITES, INCLUDING WITHOUT LIMITATION, WARRANTIES REGARDING THE ACCURACY OR COMPLETENESS OF ANY CONTENT, OR WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT OF INTELLECTUAL PROPERTY, TITLE OR FITNESS FOR A PARTICULAR PURPOSE. Bank of America, ITS AFFILIATES AND SUCH PERSONS SHALL NOT BE LIABLE TO YOU FOR ANY LOSS, COST, DAMAGE OR OTHER INJURY, WHETHER IN CONTRACT, TORT, NEGLIGENCE OR OTHERWISE, ARISING OUT OF OR CAUSED IN WHOLE OR IN PART BY (I) CLIENTS USE OF OR RELIANCE ON THE SITES, OR (II) Bank of Americarsquos PERFORMANCE OF ITS OBLIGATIONS UNDER OR IN CONNECTION WITH THESE TERMS AND CONDITIONS. Bank of America DOES NOT REPRESENT, WARRANT OR GUARANTEE THAT THE SITES WILL BE FREE FROM ERRORS OR WILL BE AVAILABLE. FURTHERMORE, Bank of America WILL NOT BE LIABLE FOR ANY DELAY, DIFFICULTY IN USE, INACCURACY OF INFORMATION, COMPUTER VIRUSES, MALICIOUS CODE OR OTHER DEFECT IN THE SITES, OR FOR THE INCOMPATIBILITY BETWEEN THE SITES AND FILES AND THE USERS BROWSER OR OTHER SITES ACCESSING PROGRAM. NOR WILL Bank of America BE LIABLE FOR ANY OTHER PROBLEMS EXPERIENCED BY THE USER DUE TO CAUSES BEYOND THE Bank of Americarsquos CONTROL. IN NO EVENT WILL Bank of America, ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, CONTRACTORS OR OTHER SUPPLIERS BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY PUNITIVE, INCIDENTAL, CONSEQUENTIAL, SPECIAL OR SIMILAR DAMAGES, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. Because some states or jurisdictions do not allow the exclusion or limitation of liability for certain damages, in such states or jurisdictions, the liability of the Bank of America, its officers, directors, employees, agents, contractors or other suppliers shall be limited in accordance with this agreement to the extent permitted by law. Neither Bank of America, its Affiliates nor any of their officers, directors, employees, agents, contractors or other suppliers shall be liable in any way, and you agree to indemnify and hold harmless Bank of America, its Affiliates and such persons for (1) any inaccuracy, error, or delay in, or omission of (a) any information on the Sites, or (b) the transmission or delivery of any information on the Sites (2) any loss or damage arising from or occasioned by (a) any such inaccuracy, error, delay, or omission, (b) non-performance, (c) interruption of use of the Sites due either to any negligent act or omission by Bank of America, its Affiliates, their officers, directors, employees, agents, contractors or other suppliers or to any force majeure (i. e. flood, extraordinary weather conditions, earthquake, or other act of God, fire, war, insurrection, riot, labor dispute, accident, action of government, communications, power failure, or equipment or software malfunction) or any other cause beyond the control of the Bank of America, its Affiliates, their officers, directors, employees, agents, contractors or other suppliers. You understand that Bank of America accepts no responsibility for security of information on the Internet. UK CONDITIONS Banc of America Securities Limited has approved the Sites for the purpose of Section 57 of the Financial Services Act of 1986. Banc of America Securities Limited is regulated for the conduct of investment business in the United Kingdom by the Securities and Futures Authority Limited. No access to the Sites shall be given in the United Kingdom to Private Customers, as that term is defined under the rules of The Securities and Futures Authority Limited and any investments will not be made by us to any Private Customer. CHANGES TO AGREEMENT Bank of America may make changes to this Agreement at any time, without prior notice to you. Your continued use of the Sites indicates your continued agreement to be bound by this Agreement, as changed from time to time. You should view these Terms and Conditions often to stay informed of changes that may affect you. GOVERNING LAW This Agreement shall be governed by and construed under the law of the State of New York and the Federal law of the United States. You hereby consent and submit to jurisdiction in the Federal or state courts of the State of New York, U. S.A. You hereby irrevocably waive your rights to a jury trial. THIRD-PARTY LICENSORS The Sites may, from time to time, provide Client with various licensed programs (Licensed Programs) from third-party vendors (Vendors) which have been licensed by Bank of America for Client use and/or which require Client to sign a third-party license agreement (License Agreement). In using the Licensed Programs, Client agrees that it will protect any confidential information of Bank of America, its Affiliates or Vendors contained in the Licensed Programs restrict the use of the Licensed Programs by Client solely to conditions agreed upon in the Agreement and the License Agreement restrict the copying of Licensed Programs to that number reasonably required for Client use and backup purposes include Bank of America and Vendor copyright and all other proprietary notices in the use of all Licensed Programs prohibit the sale, relicensing, leasing, rental, lending and transferring of Licensed Programs prohibit, and take reasonable measures to prevent, the decompiling, disassembly, reverse engineering or modification of Licensed Programs comply with all export laws in respect of Licensed programs disclaim any liability on the part of Vendors for damages, liabilities, costs or expenses incurred by Client in the use of License Programs and make all vendors a third-party beneficiary of all Client waivers, disclaimers, limitation of liabilities, confidentiality and IP provisions contained in the Agreement. MERRILL LYNCH, PIERCE, FENNER SMITH ndash FURTHER INFORMATION Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N. A. member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (Investment Banking Affiliates), including, in the United States, Merrill Lynch, Pierce, Fenner Smith Incorporated and Merrill Lynch Professional Clearing Corp. both of which are registered as broker-dealers and members of FINRA and SIPC, and, in other jurisdictions, by locally registered entities. Merrill Lynch, Pierce, Fenner Smith Incorporated and Merrill Lynch Professional Clearing Corp are registered as futures commission merchants with the CFTC and are members of the NFA. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured bull May Lose Value bull Are Not Bank Guaranteed. copy 2016 Bank of America Corporation
No comments:
Post a Comment