State Bank Of India

State Bank of India (SBI) is currently trading at Rs. 191.75, up by 2.25 points or 1.19% from its previous closing of Rs. 189.50 on the BSE.

The scrip opened at Rs. 191.50 and has touched a high and low of Rs. 192.30 and Rs. 190.60 respectively. So far 399553 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. 198.05 and Rs. 186.80 respectively. The current market cap of the company is Rs. 148269.04 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 inaugurated second SBI INTOUCH hi-tech branch in Visakhapatnam. SBI INTOUCH will be a digital branch in which the customer can open an account all by himself or herself, take out the passbook, deposit or withdraw cash, and also get wealth management advice. The branch will have all the facilities for the customers such as video conferencing, ATM, CDM, and others available throughout day and night in a separate enclave.

At present, the bank has four such branches in Hyderabad and two more will be added before the end of the month. In Andhra Pradesh, the bank is planning to open two more branches at Guntur and Anantapur by the end of this month.

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