SBI gains on inking pact with VinFast Auto India
State Bank of India is currently trading at Rs. 875.30, up by 4.80 points or 0.55% from its previous closing of Rs. 870.50 on the BSE.
The scrip opened at Rs. 870.45 and has touched a high and low of Rs. 877.50 and Rs. 867.85 respectively. So far 141051 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 880.40 on 24-Sep-2025 and a 52 week low of Rs. 679.65 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 880.40 and Rs. 852.50 respectively. The current market cap of the company is Rs. 807494.43 crore.
The promoters holding in the company stood at 57.42%, while Institutions and Non-Institutions held 35.01% and 7.57% respectively.
VinFast Auto India has joined hands with State Bank of India (SBI) for inventory financing for its dealer network. The collaboration enables VinFast to leverage SBI's extensive pan-India branch network and digital platforms to reach customers across both urban and emerging markets.
VinFast recently launched its premium VF 6 and VF 7 models in India. This partnership with SBI marks a crucial step in strengthening its dealer network and empowering them with seamless access to credit solutions.
State Bank of India 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.
