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State Bank of Bikaner & Jaipur trades higher on the bourses

10 Jan 2012 Evaluate

State Bank of Bikaner & Jaipur is currently trading at Rs. 331.45, up by 5.85 points or 1.80% from its previous closing of Rs. 325.60 on the BSE.

The scrip opened at Rs. 326.15 and has touched a high and low of Rs. 334.95 and Rs. 326.15 respectively. So far 95,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 600.00 on 10-May-2011 and a 52 week low of Rs. 302.25 on 29-Dec-2011.

Last one week high and low of the scrip stood at Rs. 351.95 and Rs. 310.00 respectively. The current market cap of the company is Rs. 2,320.00 crore.

The promoters holding in the company stood at 75.07% while Institutions and Non-Institutions held 6.06% and 18.87% respectively.

State Bank of Bikaner & Jaipur is providing in-principle sanction of home loans in about 20 minutes through online process. To attend to the customers on a 24/7 basis, bank has formed an integrated back-end processing facility, online business centre.

As part of the process loan-seekers should go to the portal, www.sbbjbank.com, and fill up an application, which takes about 20 minutes. The application is processed instantly if a customer is found eligible and the sanction letter with reference number appears on the screen instantly. 

The bank will call the eligible customers from the on-line business centre in Jaipur immediately to direct them to the branch of their choice/nearest branch to submit the relevant documents for further processing. It is offering home loan at 10.50% for amounts up to Rs 30 lakh and for loans upward of Rs 30 lakh, the rate is 11%.

Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
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