State Bank Of India

State Bank of India is currently trading at Rs. 305.00, up by 2.25 points or 0.74% from its previous closing of Rs. 302.75 on the BSE.

The scrip opened at Rs. 303.30 and has touched a high and low of Rs. 304.50 and Rs. 303.15 respectively.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 334.80 on 25-Jan-2018 and a 52 week low of Rs. 232.00 on 27-Apr-2018.

Last one week high and low of the scrip stood at Rs. 306.40 and Rs. 299.45 respectively. The current market cap of the company is Rs. 270191.89 crore.

The promoters holding in the company stood at 58.53%, while Institutions and Non-Institutions held 33.93% and 7.54% respectively.

State Bank of India (SBI) is planning to sell over Rs 15,000 crore worth bad loans belonging to Essar Steel to recover its dues from the debt-laden steel maker. The bank invites expression of interest (EoI) from banks/ARCs/NBFCs/FIs for the proposed sale of its non performing financial asset with total dues of Rs 15,431.44 crore.

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.