State Bank Of India

State Bank of India is currently trading at Rs. 228.50, up by 6.80 points or 3.07% from its previous closing of Rs. 221.70 on the BSE.

The scrip opened at Rs. 222.80 and has touched a high and low of Rs. 228.90 and Rs. 221.25 respectively. So far 1401178 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 335.90 on 28-Jan-2015 and a 52 week low of Rs. 220.60 on 07-Sep-2015.

Last one week high and low of the scrip stood at Rs. 243.00 and Rs. 220.60 respectively. The current market cap of the company is Rs. 172547.59 crore.

The promoters holding in the company stood at 59.15% while Institutions and Non-Institutions held 29.88% and 8.93% respectively.

SBI Life Insurance, a joint venture life insurance company between State Bank of India (SBI) and BNP Paribas Assurance, has unveiled ‘SBI Life - CSC Saral Sanchay’, an individual, non-linked, non-participating, variable insurance plan with twin benefits of life insurance cover and savings.

The scheme is focused to help consumers systematically save to achieve their future goals and at the same time to support one’s family in achieving those goals in the event of any eventuality.

State Bank of India is an Indian multinational, Public Sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.