State Bank Of India

State Bank of India (SBI) is currently trading at Rs. 309.10, up by 2.75 points or 0.90% from its previous closing of Rs. 306.35 on the BSE.

The scrip opened at Rs. 314.15 and has touched a high and low of Rs. 317.75 and Rs. 308.40 respectively. So far 24,87,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 351.50 on 26-Oct-2017 and a 52 week low of Rs. 241.25 on 19-Oct-2017.

Last one week high and low of the scrip stood at Rs. 317.75 and Rs. 292.65 respectively. The current market cap of the company is Rs. 2,66,773.00 crore.

The promoters holding in the company stood at 57.46%, while Institutions and Non-Institutions held 34.35% and 8.20% respectively.

State Bank of India (SBI) has received an approval for issuance of long term bonds of Rs 20,000 crore for financing of infrastructure and affordable housing in domestic and overseas market in FY 2017-18 and FY 2018-19. The Executive Committee of Central Board (ECCB) at its meeting held on January 17, 2018 approved the same.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.