State Bank Of India

State Bank of India (SBI) is currently trading at Rs. 328.55, up by 1.05 points or 0.32% from its previous closing of Rs. 327.50 on the BSE.

The scrip opened at Rs. 325.75 and has touched a high and low of Rs. 330.15 and Rs. 323.90 respectively. So far 553476 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 373.70 on 18-Jul-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. 346.70 and Rs. 323.90 respectively. The current market cap of the bank is Rs. 294199.82 crore.

The promoters holding in the bank stood at 57.88%, while Institutions and Non-Institutions held 34.67% and 7.45% respectively.

State Bank of India has reportedly tightened lending terms for auto dealers. The bank is seeking to reduce its exposure to risk from a sector in the midst of a sharp downturn.

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.