SBI trades in green on the BSE
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State Bank of India is currently trading at Rs. 493.75, up by 3.40 points or 0.69% from its previous closing of Rs. 490.35 on the BSE.
The scrip opened at Rs. 492.00 and has touched a high and low of Rs. 495.90 and Rs. 482.10 respectively. So far 296270 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 549.05 on 07-Feb-2022 and a 52 week low of Rs. 321.15 on 19-Apr-2021.
Last one week high and low of the scrip stood at Rs. 502.60 and Rs. 477.35 respectively. The current market cap of the company is Rs. 433379.14 crore.
The promoters holding in the company stood at 57.60%, while Institutions and Non-Institutions held 34.62% and 7.78% respectively.
State Bank of India (SBI) has entered into co-lending agreements with five housing finance companies to serve the underserved and unserved borrowers. The five housing finance companies (HFCs) are: PNB Housing Finance, IIFL Home Finance, Shriram Housing Finance, Edelweiss Housing Finance, and Capri Global Housing Finance. The partnerships are aimed at sanctioning home loans to the unserved and underserved sector in line with RBI guidelines.
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.
