SBM logs into e-trading

Bangalore-based State Bank of Mysore on Wednesday launched e-trading services under which its customers will be able to access bank account, demat account and Internet trading account sitting at home. Initially, the facility is being offered through the designated branches of SBM at Bangalore, Mysore, Mumbai, Surat, Ahmedabad, Hyderabad and Chennai. The brokerage charges vary between 0.5 per cent and 1.5 per cent depending on the monthly turnover. The bank has tied up with SBI Cap Securities Ltd (SSL) for offering e-trading facility