Indoindians X Bank SBI Indonesia Online Event: Global NRIs, Local Opportunities with SBI Securities
An educative webinar in collaboration with SBI NRI Cell and SBI Securities, Mumbai, India. Coordinated by Bank SBI Indonesia.
SBI Securities Speakers:
– Sunny Agrawal, Head Fundamental Research Desk & regular speaker and panelist at CNBC
– Praveen Kandukuri – Zonal Trainer
– Susan Dsouza Head – NRI Product & Process
The session underlined Indiaβs robust economic prospects and investment opportunities for NRIs, with SBI Securities positioned as a trusted partner offering digital, secure, and advisory-backed services.
Key Highlights:
- Indiaβs Investment Potential
Praveen Kandukuri gave an overview of SBI Securities and Indiaβs economic growth story, projecting India to become the third-largest economy by 2030. He emphasized Indiaβs strong stock market performance, favorable regulations, and currency benefits for NRIs. - NRI Investment Options
NRIs, PIOs, and OCIs can invest through Portfolio Investment Scheme (PIS) accounts linked to Demat trading accounts. SBI Securities offers robust trading platforms, research-based investment ideas, and dedicated relationship managers. Products include equities, ETFs, and gold investments. - Account & Charges
Different account options were explained, including NRI Regular Accounts and Wealth Accounts, with competitive brokerage rates (60 paise to 30 paise depending on plan). - Indiaβs Economic Outlook
Sunny Agarwal highlighted Indiaβs strong GDP growth, forex reserves, and reforms, identifying four key investment trends:- Consumption growth
- Manufacturing shift
- Infrastructure development
- Financialization of savings
- Q&A Insights
Panelists addressed queries on taxation, Gift City investments, comparison with other banks, and mutual fund distribution. While PMS services are not available via SBI Securities, offline options exist through home branches.
