SBI gains on unveiling overseas education loan

State Bank Of India | Bank - Public | BFSI | BSE: 500112 | NSE: SBIN

18 Mar 2016 Evaluate

SBI is currently trading at Rs. 187.25, up by 1.10 points or 0.59% from its previous closing of Rs. 186.15 on the BSE.

The scrip opened at Rs. 186.45 and has touched a high and low of Rs. 187.70 and Rs. 186.00 respectively. So far 439545 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 305.00 on 22-May-2015 and a 52 week low of Rs. 148.30 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 189.25 and Rs. 180.70 respectively. The current market cap of the company is Rs. 144969.86 crore.

The promoters holding in the company stood at 61.37% while Institutions and Non-Institutions held 29.12% and 9.51% respectively.

State Bank of India (SBI) has unveiled 'SBI Global Ed-Vantage' -- an overseas education loan for students who wish to pursue higher education abroad. The SBI Global Ed-Vantage aims to help those who are pursuing full time regular courses in foreign colleges/ universities.

It will cover courses from regular full time graduate/post-graduate/doctorate courses in science, technology, engineering, mathematics, medicine and management in institutions of the USA, UK, Canada, Australia, Europe, Singapore, Japan and Hong Kong. The loan amount is upwards of Rs 20 Lakh to Rs 1.5 crore at up to 80% of cost of course is eligible for financing with a 0.5% concession for girl students and Student will be provided with up to six months post completion of the course to begin re-paying the loan via EMIs.

SBI offers a wide range of services in the Personal Banking, Agriculture/Rural, NRI services, SME and Corporate Banking etc

State Bank Of India Share Price

1039.90 -11.90 (-1.13%)

03-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
State Bank Of India	1039.90
PNB	105.35
Bank Of Baroda	252.20
Canara Bank	127.15
Union Bank Of India	163.15
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