State Bank Of India

SBI is currently trading at Rs. 1952.00, up by 16.50 points or 0.85% from its previous closing of Rs. 1935.50 on the BSE.

The scrip opened at Rs. 1915.05 and has touched a high and low of Rs. 1967.00 and Rs. 1890.60 respectively. So far 558140 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3515.00 on 08-Nov-2010 and a 52 week low of Rs. 1812.90 on 14-Sep-2011.

Last one week high and low of the scrip stood at Rs. 2024.70 and Rs. 1890.60 respectively. The current market cap of the company is Rs. 122904.05 crore.

The promoters holding in the company stood at 59.40% while Institutions and Non-Institutions held 28.33% and 9.41% respectively. 

State Bank of India (SBI), the country’s largest lender has doubled its Medium Term Note (MTN) programme to $10 billion to fund overseas business. The (MTN) programme has been upsized from $5 billion to $10 billion.

The Offering Circular (OC) under the said MTN Program has been updated on September 19, 2011 with the audited financial data of the Bank as on March 31, 2011 and filed with Singapore Exchange.

Recently, SBI extended 25 basis point concessional home loan schemes till December this year, as it is facing stiff competition from its rivals offering dual interest home loan products. The scheme which was open till October 31, 2011, has now been extended till December 31, 2011.