SMC Group (India) Launches Online Trading Services with PNB: An Alliance of Trust and Technology

SMC Group India has launched its online trading services in alliance with Punjab National Bank. The most highlighting feature is, this alliance would give a 3 - in - 1 account offering comprising of savings, demant and trading account together.

We always believed consumer is king and our new 3-in-1 offering at competitive rate is just a natural next step. I am a small time businessman and investing my hard saved money in this volatile market was very challenging for me. Now after 2 years of association with SMC, I must say I made a right decision and as they say money wise bewise

Delhi, India (PRWEB) May 5, 2009 -- SMC Global (India) one of the leading broking house in India has launched its online trading services with PNB. Now consumers can enjoy the convenience of investing in financial products from the comfort of their home / offices by using SMC Global's website, also online trading link in provided on bank's website at pnb website.

Newspaper Coverages

SMC Global's CMD Shri SC Aggarwal and CEO-NSBL Shri Ranjan Dhawan after signing agreement with Dr KC Chakrabarty CMD, PNB, says, "We always believed consumer is king and our new 3-in-1 offering at competitive rate is just a natural next step."

SMC Group has its strong in-house research team of analysts, which periodically comes out with comprehensive market reports on equities, commodities, mutual funds, insurance, etc. The web portal www.smcindiaonline.com is already working on secure transaction processing system and now this new alliance is a further boost for it.

"I am a small time businessman and investing my hard saved money in this volatile market was very challenging for me. Now after 2 years of association with SMC, I must say I made a right decision and as they say money wise bewise," says Mr Mohit Sharma one of the happy investor.

Mr SC Aggarwal, CMD, SMC global added, "It is in fact a win-win alliance for PNB, SMC and for the clients too. Through this alliance, now 40 million PNB customers can access our state - of - art online trading services which would be available at huge network of 4600 + branches of PNB and supported by SMC network of 1500 offices over 350 cities. In addition to the existing huge customer base of the bank, the alliance would equally and aggressive target the acquisition of new generation customer group by offering top of the class technologies product."

About SMC Global, India:
SMC Group is a leading full fledged financial services provider in India and overseas, offering institutional and retail brokerage of equity, commodity, currency and derivatives trading, on-line trading services, Portfolio and Wealth Management services, investment banking, clearing & depository services, IPOs, Mutual funds and insurance products (both life & general).

Over the years, the group has expanded its domestic & international operations. Existing SMC network includes regional offices at Mumbai, Kolkata, Chennai, Bangalore, Cochin, Ahmedabad, Jaipur, Hyderabad plus over 1500 offices across 350+ cities in India. The company has also expanded internationally, and has established office in Dubai, becoming a member of the Dubai Gold and Commodities Exchange (DGCX). SMC has got the membership of all the leading equity, commodity, currency, depositories & spot exchanges of India. Currently SMC has a highly efficient workforce of over 3500 employees and over 7500 financial advisors serving the financial needs over of more than 550,000 loyal customers.

Achievements:
   2nd largest distributor of IPO in retails
   4th largest brokerage house in India
   Fastest Growing Retail Distribution House in Financial Services in India

Sources: Prime Data Ranking, Dec 2008.
    Dun & Bradstreet, 2008
    Business Sphere, 2008

SMC is not only a gigantic financial services provider in India but is also spreading its roots now in overseas.It not only holds an upper hand in terms of convenience but also saves your valuable time and energy from exhaustive errands to tedious and complex trading procedure in your vicinity.

For further information you can contact:

Mr Rajesh Kumar Singh
Vice President & Country Head,
Retail Sales & Internet Trading
+91-9313511253

Address:
8B, Netaji Subhash Marg, Daryaganj, Delhi 110002
Tel. 011-66221100
Fax 011-30126061

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