State Bank Of India

State Bank of India is currently trading at Rs. 344.25, up by 2.60 points or 0.76% from its previous closing of Rs. 341.65 on the BSE.

The scrip opened at Rs. 345.40 and has touched a high and low of Rs. 347.50 and Rs. 343.35 respectively. So far 175095 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 364.00 on 23-May-2019 and a 52 week low of Rs. 247.65 on 26-Oct-2018.

Last one week high and low of the scrip stood at Rs. 357.15 and Rs. 335.85 respectively. The current market cap of the company is Rs. 308032.14 crore.

The promoters holding in the company stood at 57.92%, while Institutions and Non-Institutions held 34.40% and 7.68% respectively.

State Bank of India (SBI) is all set to introduce repo-linked home loans from July. The bank has also reduced interest rate on cash credit account (CC) and overdraft (OD) customers with limits above Rs 1 lakh, after the RBI reduced the repo rate by 25 basis points.

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.