Website Terms of Use and Disclaimer

IMPORTANT: By accessing this website and any of its pages or sections, you are agreeing to the terms set out herein. Since there may be specific additional disclaimers contained at other pages or sections of this website, you agree to abide by all of such disclaimers in addition to the terms

The information provided on this website is not intended or directed to or for distribution to, or use by any U.S. Person.


This material is for your private information alone. The information provided on this website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject SBICAPS or its affiliates to any registration requirement within such jurisdiction or country. Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by SBICAPS or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service. We do not represent that the material is accurate or complete. Not all instruments, products or services described here are available in all countries, and no part of the website here is an offer or solicitation of any instrument, product or service in any jurisdiction where their offer or sale is not qualified or exempt from regulation. The information it contains has not been updated since their original publication date and may not reflect our current views. No part of this material may be copied or duplicated in any form by any means, or redistributed. Nothing in these materials is intended by SBICAPS to be construed as legal, accounting or tax advice. Past performance is no guide to the future. Investments inherently involve risks.


The information on this website is provided “AS IS”. SBICAPS does not warrant or guarantee the accuracy, validity, timeliness, completeness and adequacy of the materials provided herein, either expressly or implied, for any particular purpose and expressly disclaims any warranties of merchantability or fitness for a particular purpose. You also agree that SBICAPS can at any time, at its sole discretion, modify the terms and conditions of the use of this website without any notice or liability. Any reliance you place on the information contained on this website is strictly at your own risk. Neither SBICAPS, nor any of its affiliates, directors, officers or employees, will be liable or have any responsibility of any kind for any loss or expenses or damage that you may incur resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials, whether or not the circumstances giving rise to such cause may have been within the control of SBICAPS or of any vendor providing software or services support. Neither SBICAPS nor any of its personnel would be responsible for any inaccuracy, errors or omissions in the data for any reason whatsoever including by reason of failure of operational systems for reasons including but not limited to virus attacks, natural calamity, floods, fire and other natural disasters, legal restraints, faults in the telecommunication network or network failure or interruptions, software or hardware error or any other reason beyond their control. In no event will SBICAPS be liable for any direct, special, indirect, consequential, incidental losses or damages or any other losses or damages of any kind including which could arise from interception by third parties of any information made available to you via this website, even if SBICAPS or any other party have been advised of the possibility thereof.

Disclaimer in relation to Research Analyst activities

Registration granted by SEBI, and certification from NISM in no way guarantee performance of SBI Capital Markets Limited or provides any assurance of returns to investors.


If you download any information or software from this website or if you read any information on this website, you agree that you will not copy it or remove or obscure any copyright or other notices or legends contained in any such information.


Hyperlinks from SBICAPS website to outside the State Bank of India Group (“State Bank Group”) websites

There may be cases on our website when SBICAPS provides hyperlinks to other locations or websites on the Internet. These hyperlinks lead to websites published or operated by third parties who are not affiliated with or in any way related to the State Bank Group. They have been included in our website to enhance your user experience and are presented for information purposes only. However, by providing hyperlinks to an external website or webpage, SBICAPS shall not be deemed to endorse, recommend, approve, guarantee or introduce any third parties or the services/ products they provide on their websites, or to have any form of cooperation with such third parties and websites unless otherwise stated by SBICAPS. SBICAPS is not in any way responsible for the content of any externally linked website or webpage. These links can be used or followed at your own risk and SBICAPS is not responsible for any damages or losses incurred or suffered by you arising out of or in connection with your use of the link. SBICAPS is not a party to any contractual arrangements entered into between you and the provider of the external website unless otherwise expressly specified or agreed to by SBICAPS. SBICAPS is not responsible for damages or losses caused by any delays, defects or omissions that may exist in the services, information or other content provided in such site, whether actual, alleged, consequential or punitive. SBICAPS makes no guarantee or representations as to, and shall have no liability for, any electronic content delivered by any third party, including, without limitation, the accuracy, subject matter, quality or timeliness of any electronic content. Any links to websites that contain downloadable software are provided for your convenience only. Again we are not responsible for any difficulties you may encounter in downloading the software or for any consequences from your doing so. Please note that the use of any software downloaded from the Internet may be governed by a licence agreement and your failure to observe the terms of such licence agreement may result in an infringement of intellectual property rights of the relevant software provider which we are not in any way responsible. Please be mindful that when you click on a link and leave our website, you will be subject to the terms of use and privacy policies of the other website that you are going to visit.


Hyperlinks from SBICAPS website to other State Bank Group websites

We may also include hyperlinks to other State Bank Group websites for your convenience. The products and services offered on these websites may be limited to persons located or residing in only that particular jurisdiction. In addition, the content on these linked websites may not be intended for persons located or residing in jurisdictions that restrict the distribution of such content. The terms and conditions governing the use of the website of each State Bank Group entity may differ and you should consult and carefully read the applicable terms and conditions before using the website.


Hyperlinks from external websites to SBICAPS website

A prior written approval must be obtained from SBICAPS before creating a hyperlink in any form from a third party website to SBICAPS website. SBICAPS may or may not give such approval at its absolute discretion. In normal circumstances, we may only approve a hyperlink which displays plainly our name or website address. Any link to our website shall always be an active and direct link to our website and shall be made directly to the home or front page of our website only and that no “framing” or “deep-linking” of our web page or content is allowed. Any use or display of our logos, trade names and trademarks as a hyperlink will not be approved unless in very exceptional circumstances and may be subject to a fee as SBICAPS may determine at its absolute discretion. SBICAPS is not responsible for the setup of any hyperlink from a third party website to SBICAPS website. Any links so set up shall not constitute any form of co-operation with, or endorsement by, SBICAPS of such third party website.


This website, legal information and disclaimer shall be exclusively governed by the laws in India. If any provision of this legal information or disclaimer contained herein is, or is found to be, unenforceable under applicable law, that will not affect the enforceability of the other provisions of this terms of use of this website.

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