State Bank of India is currently trading at Rs. 189.70, up by 4.30 points or 2.32% from its previous closing of Rs. 185.40 on the BSE.

The scrip opened at Rs. 187.70 and has touched a high and low of Rs. 190.45 and Rs. 187.00 respectively. So far 247005 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 351.00 on 28-Nov-2019 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. 190.45 and Rs. 176.25 respectively. The current market cap of the company is Rs. 165462.30 crore.

The promoters holding in the company stood at 57.64%, while Institutions and Non-Institutions held 32.61% and 9.55% respectively.

State Bank of India’s (SBI) board has approved raising of additional tier-I (AT1) bonds to the extent of Rs 5,000 crore by way of issuance of Basel-III compliant debt instruments in rupees, within the overall capital plan earlier approved by the board for raising equity during FY21. The central board of the bank in a meeting held on September 30, 2020 has accorded the approval for the same.

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.