Discover and read the best of Twitter Threads about #SBI

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Your NPS pension amount depends on 2 factors:

>The amount you invest in buying an annuity (pension) plan

>The type of pension plan you pick

So far, you had the option to buy only one annuity plan.

But new rules will allow you to buy multiple plans.

A 🧵 on how this will help
First, the basics.

NPS matures when you turn 60.

You can withdraw up to 60% tax-free.

With the remaining 40%, you must buy an annuity plan, where you invest money with an Annuity Service Provider or ASP (an insurance company).

In return, it promises you a lifelong pension.
So far, buying more than one annuity plan wasn’t possible.

But now, it can be done.

As per the new rules, if an NPS subscriber has more than Rs 10 lakh to buy annuity plans, he can invest Rs 5 lakh each in two annuities.

One more thing.
Read 11 tweets
#SBI Mutual Fund has launched a Dividend Yield Fund.

While you must avoid new funds, we thought it’s a good time to look at the Dividend Yield category.

This category has outperformed many equity #schemes (See table)

But should you invest in these funds?

Let’s evaluate.

A 🧵 Image
First, some basics about these funds.

As per definition, Dividend Yield funds must invest at least 65% of their corpus in high dividend-paying companies.

Currently, there are eight funds in this category.

Together, they manage over Rs 10,200 crore. Image
How do these funds define high dividend-paying stocks?

Different funds define it differently(see table)

Nonetheless, they don’t have any restrictions for picking stocks from different sectors or market caps.
Probably, that’s why #NIFTY 500 TRI is the benchmark for most funds. Image
Read 13 tweets
The Nifty Financial Services Index, also known as the #FinNifty, is an index that tracks the performance of the financial services sector in India. @bbrijesh explains about the index in detail.
#FinNifty is an index that tracks the performance of the financial services sector in India, which includes #banks, #insurance companies, #housingfinance, and Non-Banking Financial Companies (NBFCs). #FinancialServicesSector #India
The financial services sector in India is one of the largest and most diverse in the world, and FinNifty provides a way to track the performance of this sector. #FinancialServicesSector #GrowthPotential
Read 9 tweets
SBI की नेट बैंकिंग बड़ी मस्त है।

आप अपना पासवर्ड भूल गए हैं तो वहीं पर forgot पासवर्ड का ऑप्शन है, आप आधे-पौन घंटे में ही अपना पासवर्ड बदल सकते हैं। ज़्यादा मुश्किल नहीं है, बस वहाँ पर कप्चा आपको मल्ल युद्ध के लिए ललकारता है, उसको परास्त करके आप अंदर घुस पाते हैं।
फ़िर आपको योनो के अंदर भेज दिया जाता है, वहाँ आपको समझ ही नहीं आता कि मेरे को जो चीज़ देखना है वो साला है किधर?

इधर-उधर हाथ-पैर मारने पर अचानक एक पेज खुल जाता है जो कहता है "सर आपने 90 दिन से पासवर्ड बदला नहीं है, मैं बोर हो गया हूँ, प्लीज बदल दो ना"।
आप सोचेंगे कि अभी बदल कर ही अंदर घुसा हूँ...पर आप घिर गए हैं, यहाँ से ये आदमी अब आपको जाने का रास्ता ही नहीं दे रहा है।

मुझे लगता वेब साइट बनाने की जब requirement दी गई होगी तो एक कर्मचारी भी साथ में दिया होगा कि कोई भी काम आपको वेब साइट से करवाना हो तो वही
Read 9 tweets
#Amazon is a great way to save money due to discounts & cashback.
All Cashback flows into #AmazonPay wallet
I hav earned Rs. 62K+ 💵 & these r few methods I used to accumulate CB

U cn like (❤️) & retweet (🔁) & add sum more tips 2 help twitter community
bachatxpert.in/e-wallets-upi/…
1. Shopping offers
#Amazon continuously comes out wid offers wherein they ask u to do sum #shopping on their website using any prepaid instrument (Card / UPI/ Amazon Pay balance) and if u spend X (Rs 1500) amount, u will get Y (Rs 200) cashback in your APay wallet. #Bachat
For this, instead of buying each item separately,
Keep non urgent waiting list ready & only do once able to reach spending criteria for the cashback

Carefully read T&Cs of these offers – Ex: Sometimes specifically APay wallet is only asked for groceries for availing cashback)
Read 15 tweets
So @The_DTCC has selected @inside_r3 as the Underlying DLT Technology for the Project Ion Platform

DTCC'S PROJECT ION PLATFORM NOW LIVE IN PARALLEL PRODUCTION ENVIRONMENT, PROCESSING OVER 100,000 TX PER DAY ON DLT

2023 “Test” Year,🤔 First Settlement Mechanism on Corda #XRP
Liquidity - Settlement THATS What #XRP Is For The First Settlement Mechanism‼️

Below 👇🏼Is A Live Demo Using #XRP Posted by @inside_r3 Also I Have Provided The Actually Link Too This Demo So You Can Play Around With It

info.r3.com/corda-settler
Read 6 tweets
State Bank of India (#SBI) has raised ₹ 10,000 Cr through its maiden infrastructure bond issuance on Friday at coupon rate of 7.51%. This is the largest single infrastructure bond issued by any Bank in the country.
The amount raised through bonds will be utilized in enhancing long term resources for funding infrastructure & affordable housing segment. The tenor of these bonds is 10 years. The issue attracted overwhelming response from investors with bids of ₹ 16,366 Cr & was oversubscribed
by about 3.27 times against the base issue. The issuance with 143 bids also demonstrates the confidence of investor class. This also very clearly demonstrates the maturity of Indian investors in their selection of Issuers of such instruments.
Read 5 tweets
1/25.📜It’s day thirteen of #COP27. We’re in overtime now and behind closed doors, Parties have been working with the @COP27P to find common ground on funding arrangements for #LossAndDamage.🧵
2/25. At 12:00 today @CANInt held a press conference to give a state of play update during which we heard from @mohadow of @PowerShftAfrica , @Eddypc of @CANRacCanada, @LiShuo_GP of @GreenpeaceEAsia, @RachelCleetus of @ucsusa, and @TasneemEssop of @CANInt.
3/25. Key messages included, @RachelCleetus on the G77 and China’s continued expectations for #COP27: "Climate-vulnerable countries came with a clear ask. They want a #LossAndDamage fund under the COP and the CMA. Then we can talk about getting it operationalised."
Read 26 tweets
The man in the picture is N Arvind, the aide to the Head priest at the Sri Lakshmi Narasimhaswamy Temple in Krishnagiri in Tamil Nadu.

He has been undergoing treatment in Bengaluru since July. Arvind's family has exhausted all their savings and needs our help now. (1/n) ImageImageImage
The 30-year-old used to live on the generosity of the temple devotees and had no health insurance.

Local doctors in Krishnagiri had treated him initially but his condition deteriorated thereafter.

He was shifted to Manipal Hospital (Old Airport Branch) in Bengaluru.
(2/n) Image
His brother-in-law, Manjunath M, has sent me this picture for reference.
(3/n) Image
Read 12 tweets
Lessons that the stock market always teaches us: -

Go through the thread below to know more about it... #sbi #banking #India #trading #investing #sharemarketindia
In recent years, Indian stock markets have experienced a significant uptick. The Nifty recovered from the panic-induced trough reached in March 2020, when it was nearly 8,000 to 18,600. So, it has given us enough lessons to be learned.
1. Avoid attempting everything and everywhere at once:
Decide on a look, then stay with it. Your chances of failing dramatically increase if you frequently alter your appearance to fit the most recent trends.
Read 16 tweets
SBI joins Rs 5-trillion market cap club
The 3rd largest list bank and 1st largest Government owned bank in market cap
Some interesting facts about the SBI:

Go through the thread below to know more about it...
#sbi #banking #India #trading #investing #sharemarketindia
1.The largest Indian banking & financial service organization in India is the State Bank of India. SBI is another shorthand for it.

2.SBI's headquarters are in Mumbai.

3.It is the largest State-owned bank.
4.In 1806, the Bank of Bengal was founded in Kolkata. It was India's first presidential bank.

5.In 1840, the Bank of Bombay was founded.

6.In 1843, the Bank of Madras was founded.
Read 10 tweets
The Fortune Global 500 is the list of the top 500 corporations in the world based on their revenue. In the 2022 edition of the list published by Fortune magazine, nine companies from India have found their place. LIC led the pack at the 98th position.
newsbytesapp.com/news/business/…
Being included in Fortune Global 500 list is a prestigious accomplishment for corporations. Indian companies have fared markedly better this time with LIC breaking into the top 100 & Reliance Industries, the country's biggest company by market capitalization, jumping 51 places.
The 2022 #fortuneglobal500 list saw a surprise with LIC making its first appearance. The Indian insurance giant, which launched its IPO earlier this year, posted revenue of $97.26 billion with a profit of $553.8 million. It surpassed Reliance which is placed 104th on the list.
Read 8 tweets
Must Read #Thread 👇🏻

Few strategic destructions done by #ModiGovt to help two of his Corporate friends

#BSNL was not allowed to bid in for 4G so that Modi ji’s #JIO enjoys a free run

(1/8) Image
#AAI bids for the new airports were rejected with no reason so that Modi’s #Adani takes away all new airports

Note: Adani has no prior #aviation experience

(2/8)
#SBI was pushed to give $ 1 Bullion debt to Modi’s #Adani to purchase #CoalMines in Australia.

Takes money from Indians & makes money by selling it back with huge profits! Wah Modi Wah

(3/8)
Read 9 tweets
Here is a thread on #SBI. It simply shows what storytelling is lying all the time to you.
"Changing timelines can change the Narrative and numbers." The next line of defense is just about to be taken down. So,here is the first image that seems to support that arugument. But, wait.
"But,how do I know when to buy and sell. I need enough track record or clear buy signals." This crowd would have failed miserably because when the signals and charts were perfect, only losses followed.
Read 5 tweets
Biggest Mutual Funds companies in terms of AUM💰

• SBI MF 6.27 Lakh Cr
• ICICI Pru MF 4.67 Lakh Cr
• HDFC MF 4.47 Lakh Cr
• Aditya Birla 2.98 Lakh Cr
• Nippon 2.80 Lakh Cr
• Axis 2.50 Lakh Cr

But what is AUM?⤵️

#invest
AUM is the total market value of the assets that a mutual fund manages.

➡️High AUM means the fund is more popular!

#StockMarket #SBI
But should you invest on the basis of AUM🤔

Let us know what you think with your doubts and we will post a detailed thread next week on this.⤵️

#investing #FinancialEducation
Read 3 tweets
🎯Listing 15 Momentum Stocks🎯

📈They look exciting for Trading & Investing📉
.
In this thread, scanned some interesting momentum stocks, which could be worth a look.
.
If you like this thread, please like & share.
.
#NimblrTA #stocks #StockMarketindia #watchlist #Trading
⏺️Stock 1

💡Cholamandalam Financial Holdings Ltd💡

✅CMP- 692.00

✍️Note:

If stays above 680 ripe for 860 by Oct22.
.
#Cholamandalam #stocks #NimblrTA #watchlist Nimblr- Cholamandalam
⏺️ Stock 2

💡MMTC Ltd💡

✅CMP - 48.75

✍️Note:

We may expect it to reach around 61-64 soon.
.
#MMTC #Stocks #NimblrTA #watchlist Nimblr-MMTC
Read 20 tweets
Banking Sector!

A Thread.

#Banks #PublicBanks #PrivateBanks

(1/7)
Performance of Bank credit in last decade. Affected due to slowdown in industrial credit towards the second half of the decade.
#Bank #Credit #GDP

(2/7) Image
A triple blow!

1. A commercial credit downcycle due to capital downcycle.
#Bank

(3/7) Image
Read 7 tweets
What if stocks could talk to each other? 🤔
- but, only through memes 😉

Comment/retweet to us. We'll go first (1/8)
#investing #stockstowatch #stockmarkets

#SBI to #YesBank - Image
#AdaniGroup to #ITC -
(3/8)
Read 9 tweets
“For reasons I have never understood, people like to hear that the world is going to hell.”
~Historian Deirdre McCloskey
#IndusInd vs #Titan
I just want to show a live comparison today how #CNBCTV18Market or #ETnow or across the world media companies are more pessimistic
#Titan is an optimistic story, India’s own success story a brand built on trust doing a roaring sales, India just had historic Deepavali sales couple of shades less than $20 billion which is massive #titan will be major beneficiary vs #IndusIndbank May be an accounting issue
But the #media house’s majorly focused entire day on #IndusindBank #banknifty correcting over 700 points before people realised that #sbi and all psu banks #ICICI has delivered a stellar results
Bank nifty might close in big + today and guys who are listening to the TV loose big
Read 5 tweets
Option selling strategy thread 🧵

*Capital must be above 6lac

*Target only banknifty (weekly expiry)

* Target 1/2% per week

* combine premium should above 100

Two types of strategy normally i use

⚡ directional

⚡Non directional (strangle)
⚡Direction - when banknifty & out of 5 major banking stocks 2 given breakout or breakdown.

(5 major banks 🏦 - #hdfcbank #icicibank #kotakbank #sbi #axisbank)
✨Breakout - when #banknifty gives breakout & 2/3 banks looking strong.

Then mark swing low of #banknifty & start selling 200 points down strike puts and add more at support line.

If swing support broken then exit.

(Trending upmove)
Read 7 tweets
Most are correcting yesterday's low to today's opening high.
Keep the retrace handy
38%-50% retrace is bullish
61.8% is average strength
Anything beyond it, reject it and reconsider only if the high is surpassed
For Eg: Nifty holding "17855-892" is bullish

Break of 17817, reject Image
#Reliance has done exactly 61.8% retrace of 2494 to 2556 @ 2518

Today's low 2518.
Below this, wouldn't consider it.
IF breaks 2518, consider it only above 2545 or 2556 Image
#sbin
Rose from 501 to 522
It's retrace is @ 511.50 -514, a bullish possibility.
Made a low of 513.60 so far.
Below 509, reject it.
And, consider it only if moves above 522. Image
Read 7 tweets
सार्वजनिक क्षेत्रातल्या 12 बँकातील लिपिक आणि जाहिरातीद्वारे यापुढे होणाऱ्या सर्व भरतीसाठीच्या पूर्व आणि मुख्य पात्रता तसेच रिक्त पदांच्या परीक्षा इंग्रजी आणि हिंदीसह 13 प्रादेशिक भाषांत घेतल्या जातील अशी शिफारस @FinMinIndia ने केली आहे

@nsitharaman @nsitharamanoffc @DFS_India
#PublicSectorBanks मध्ये लिपिक पदांसाठीची भरती परीक्षा प्रादेशिक भाषांमध्ये घेतली जावी या प्रलंबित मागणीवर विचार करण्यासाठी @FinMinIndia यांनी एक समिती स्थापन केली होती

@nsitharaman @nsitharaman @DFS_India

pib.gov.in/PressReleasePa…
स्थानिक युवकांनाही नोकरीची समान संधी मिळावी, तसेच बँकांच्या ग्राहकांशी प्रादेशिक भाषातून उत्तम संवाद साधला जावा, या उद्देशाने या समितीने कार्य केले

@nsitharamanoffc @nsitharaman @DFS_India @FinMinIndia
Read 4 tweets
Mission 1 Lakh share price

#Honeywell Automation
#3MIndia
#Abbott India
#Tasty Bite
Mission 20K share price stock list

#Bajaj Finserv
#Bajaj Finance
#Sanofi
#India Mart
#Naukri (Info Edge)
#LTI
#Affle India
#LTTS
Mission 10K share price stock list

#CAMS
#HDFC AMC
#Amber Enterprises
#Asian Paints
#Pidilite
#Fine Organic
#Dmart
#Gland Pharma
#GMM Pfaudler
Read 6 tweets
What does it take to crack the SBI PO Exam?

How to study subject-wise and from where for SBI PO 2021?

8 Point Program to study | A Thread 🧵⬇️

#TestbookTalks #sbipo #SBI #StudyTips
Memorize the syllabus

The most important and the first step towards preparing for SBI PO will ALWAYS be about understanding the syllabus.

Knowing the syllabus will help you identify from should your journey begin and how arduous the road to success will be.
Set a realistic timetable

Set a timetable with realistic goals. Your timetable has to include all the subjects along with every chapter and sub-topic.

Setting a timetable will help you plan your way to your goals in a more organized and effective manner.
Read 10 tweets

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