State Bank Of India

State Bank of India is currently trading at Rs. 253.20, up by 1.30 points or 0.52% from its previous closing of Rs. 251.90 on the BSE.

The scrip opened at Rs. 252.35 and has touched a high and low of Rs. 254.30 and Rs. 250.75 respectively. So far 477438 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 288.50 on 11-Nov-2016 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. 254.30 and Rs. 244.05 respectively. The current market cap of the company is Rs. 196320.63 crore.

The promoters holding in the company stood at 61.18%, while institutions and non-institutions held 29.09% and 9.73% respectively.

State Bank of India (SBI), country’s largest public sector lender has signed memorandum of understanding (MoU) with the Gujarat government for extending bank credit especially in priority sector. Under this MoU, the Bank will give Rs 30,000 crore worth loans over two-year period.

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