State Bank Of India

State Bank of India (SBI) is currently trading at Rs. 246.50, up by 0.75 points or 0.31% from its previous closing of Rs. 245.75 on the BSE.

The scrip opened at Rs. 246.00 and has touched a high and low of Rs. 247.30 and Rs. 246.00 respectively. So far 52,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 315.00 on 19-May-2017 and a 52 week low of Rs. 231.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 247.95 and Rs. 241.25 respectively. The current market cap of the company is Rs. 2,12,780.00 crore.

The promoters holding in the company stood at 57.96%, while Institutions and Non-Institutions held 33.25% and 8.80% respectively.

State Bank of India has signed an agreement with Escorts to finance farmers for purchase of Escorts tractors. The tie-up with Escorts is to promote, market and make accessible, organised finance facility, with superior features, at competitive interest rates to farmers across the country, who wish purchase Powertrac and Farmtrac tractors manufactured by Escorts.

As a result of the bank’s tie-up with Escorts, a large number of small and marginal farmers will have access to necessary finance for the purchase of heavy duty tractors. SBI has an extensive network that allows it to reach rural borrowers across the country.

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