Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Accord Fintech
State Bank of India soars on re-launching retail term deposit scheme `Amrit Kalash`
News By Tags | #413 #5169 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

State Bank Of India is currently trading at Rs. 541.15, up by 8.00 points or 1.50% from its previous closing of Rs. 533.15 on the BSE.

The scrip opened at Rs. 525.25 and has touched a high and low of Rs. 542.85 and Rs. 525.25 respectively. So far 673809 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. 430.80 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 542.85 and Rs. 525.00 respectively. The current market cap of the company is Rs. 483089.23 crore.

The promoters holding in the company stood at 57.50%, while Institutions and Non-Institutions held 35.47% and 7.03% respectively.

State Bank of India (SBI) has re-launched its retail term deposit scheme ‘Amrit Kalash’. It is a special scheme of 400 days tenor, which will offer an interest rate of 7.6 per cent to senior citizens and 7.1 per cent to others. The scheme is available from April 12, 2023 till June 30, 2023.

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.