State Bank of India rises as its arm opens new corporate office in Bandra Kurla Complex
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State Bank of India is currently trading at Rs. 568.90, up by 1.50 points or 0.26% from its previous closing of Rs. 567.40 on the BSE.
The scrip opened at Rs. 567.00 and has touched a high and low of Rs. 569.40 and Rs. 566.05 respectively. So far 259048 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 629.65 on 15-Dec-2022 and a 52 week low of Rs. 437.70 on 21-Jun-2022.
Last one week high and low of the scrip stood at Rs. 576.80 and Rs. 562.60 respectively. The current market cap of the company is Rs. 507542.67 crore.
The promoters holding in the company stood at 57.49%, while Institutions and Non-Institutions held 35.10 % and 7.41 % respectively.
State Bank of India’s (SBI) wholly owned subsidiary -- SBI Capital Markets (SBICAPS) has opened its new corporate office in Bandra Kurla Complex, shifting from Cuffe Parade, Mumbai. The new Corporate Office in Mumbai's financial hub is planned to leverage the immense potential of this dynamic business hub and act as catalyst to propel SBICAPS' growth across Capital Markets, M&A, Project Finance Advisory & Loan Syndication, ESG Advisory, Start-ups Advisory, Business & Project Advisory, and more.
In line with SBICAPS' ethos of client centricity and client first always, the shift to the new premises highlights the investment bank's commitment to be a torch bearer in the ascent of the Indian Financial Markets.
State Bank of India (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.
