State Bank of India trades higher on the BSE
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State Bank of India is currently trading at Rs. 534.35, up by 6.35 points or 1.20% from its previous closing of Rs. 528.00 on the BSE.
The scrip opened at Rs. 535.00 and has touched a high and low of Rs. 541.05 and Rs. 519.40 respectively. So far 933952 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. 425.00 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 572.15 and Rs. 499.35 respectively. The current market cap of the company is Rs. 475414.07 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’s (SBI) wholly owned subsidiary -- SBI Capital Markets (SBICAPS) has opened its office in Bengaluru. The new office will focus on nurturing and giving a boost to the start-up ecosystem while also focusing on relevant opportunities across infrastructure, real estate and defence sectors of the state.
This comes close to the heels of the first 'State-of-the-Art' dedicated SBI branch for start-ups in Bengaluru, Karnataka, that was launched in August 2022. SBICAPS currently has its Corporate Office in Mumbai with regional offices in New Delhi, Kolkata, Chennai, Hyderabad and Ahmedabad.
SBICAPS Bengaluru Regional Office is located at Lady Curzon Road and has a designated Senior Vice President who will head the operations and will be responsible for coverage of entire Southern 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.
