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Tuesday, 9 December 2014

SBI Monthly Composite Index and SBI Yearly Composite Index- India Focus index

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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