SBI Monthly Composite Index and SBI Yearly Composite Index- India Focus index
- No wonder Fortune Magazine listed SBI Chairperson Arundhati Bhattacharya as most powerful Women in India
- And she is doing the right thing.For the firsttime we will have a India focused index which if first in the country.(So far we depend on HSBC to provide data).
- SBI Monthly Composite Index and SBI Yearly Composite Index are tools which will report month on month data to track data from manufacting and service industry.
- These index are created based on banks internal loan portfolio which shows how is the credit grwoth in the country.
- These index will also take into account customer spending,mining, interest rates,inflation and exchange rates.
- This is a very good start and appreciate the SBI chairman for introducing iinnovative index and focus more on India
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