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2025-08-25 02:38:31 pm | Source: Accord Fintech
SBI rises on joining hands with VinFast Auto India
SBI rises on joining hands with VinFast Auto India

State Bank of India is currently trading at Rs. 818.20, up by 2.10 points or 0.26% from its previous closing of Rs. 816.10 on the BSE.

The scrip opened at Rs. 817.00 and has touched a high and low of Rs. 819.95 and Rs. 814.00 respectively. So far 131640 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 875.50 on 06-Dec-2024 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. 835.20 and Rs. 814.00 respectively. The current market cap of the company is Rs. 755664.51 crore.

The promoters holding in the company stood at 57.42%, while Institutions and Non-Institutions held 35.01% and 7.57% respectively.

State Bank of India (SBI) has joined hands with VinFast Auto India. The agreement aims to offer a seamless suite of credit solutions ahead of the electric automaker's first product rollout in the country.  The collaboration allows the automaker to leverage SBI’s extensive pan-India network of nearly 23,000 branches to reach customers across urban and emerging markets alike. This partnership will not only offer convenient and competitive financing solutions, but also extend the brand's presence to a broader audience, enabling a seamless and holistic EV ownership journey. VinFast, a subsidiary of Vietnam-based Vingroup JSC, is gearing up for the launch of its VF 6 and VF 7 models in India. 

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.

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