"Along with the markets expected to return to better conditions, SBI Securities is adding more investment avenues to increase its bouquet of products while focusing on client activation, leading to a projected 25% increase in profitability in the coming year,” the company’s MD and CEO Deepak Kumar Lalla said.
SBI Securities said its digital platforms have helped it reach a wider audience, reaching up to 3.6 million clients in total, including 1.1 million clients in FY 22-23 itself.
SBI Securities is a subsidiary of SBI Capital Markets, a wholly-owned subsidiary of the State Bank of India. The company offers trading and investment platforms i.e. the SBI Securities App & Web Platform, to invest in equity, derivative, mutual funds, fixed income, and insurance.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.