SBI Caps, which is managing the three-currency Millennium India Deposit issue of the State Bank of India, has called three separate meetings of public sector banks, foreign banks and advertising agencies today to finalise the marketing strategy of the
product.
Select new private sector banks have also been called for the meeting. The finance ministry is expected to clear the scheme on Monday.
According to sources, the bank will kick off the roadshow for the MID in the first week of October and the issue will hit the overseas market by the third week.