State Bank Of India is currently trading at Rs. 601.20, up by 1.60 points or 0.27% from its previous closing of Rs. 599.60 on the BSE.

 

The scrip opened at Rs. 598.10 and has touched a high and low of Rs. 602.80 and Rs. 596.40 respectively. So far 221250 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 622.90 on 07-Nov-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. 618.30 and Rs. 591.60 respectively. The current market cap of the company is Rs. 537529.36 crore.

The promoters holding in the company stood at 57.52%, while Institutions and Non-Institutions held 35.35% and 7.13% respectively.

State Bank of India (SBI) has signed a 150 million euro (Rs 1,240 crore) loan agreement with the German development bank KfW for funding solar projects.

The long-term loan, under the Indo-German solar partnership, will facilitate new and upcoming capacities in the solar sector and further contribute to the country’s goals announced during the COP26.

With this facility, the bank has taken another step towards sustainable financing arrangements for meeting the nation’s renewable capacity goals and upholding environmental and social standards.

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.