State Bank Of India

State Bank of India is currently trading at Rs. 332.90, up by 1.10 points or 0.33% from its previous closing of Rs. 331.80 on the BSE.

The scrip opened at Rs. 333.50 and has touched a high and low of Rs. 335.65 and Rs. 330.75 respectively. So far 894255 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. 244.35 on 09-Oct-2019.

Last one week high and low of the scrip stood at Rs. 337.30 and Rs. 308.10 respectively. The current market cap of the company is Rs. 295627.76 crore.

The promoters holding in the company stood at 57.88%, while Institutions and Non-Institutions held 35.23% and 6.89% respectively.

State Bank of India (SBI) has inked a loan agreement with KfW, the German development bank, for $277 million (about Rs 1,958 crore) for establishing an energy-efficient housing programme in India. The facility has been signed after an agreement on financial cooperation between the two governments in October.

The programme will be a part of Indo-German Development Cooperation which is guided by the 2030 Agenda for Sustainable Development. Under the programme, both builders and home buyers will be financed for developing and purchasing energy-efficient residential projects that achieve at least 25 per cent energy savings in comparison to standard reference buildings.

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.