SBI rises on the bourses

State Bank of India is currently trading at Rs. 352.60, up by 2.15 points or 0.61% from its previous closing of Rs. 350.45 on the BSE.

The scrip opened at Rs. 355.00 and has touched a high and low of Rs. 362.75 and Rs. 351.40 respectively. So far 2825856 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 426.45 on 18-Feb-2021 and a 52 week low of Rs. 149.55 on 22-May-2020.

Last one week high and low of the scrip stood at Rs. 369.90 and Rs. 341.70 respectively. The current market cap of the company is Rs. 314503.31 crore.

The promoters holding in the company stood at 57.63%, while Institutions and Non-Institutions held 34.54% and 7.83% respectively.

State Bank of India (SBI) has decided to permit acceptance of documents for KYC updation through mail or post, in view of difficulties faced by customers due to local lockdown induced by the second wave of COVID-19. The move is expected to be followed by other public sector lenders.

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.