State Bank of India (SBI) is currently trading at Rs. 2706.95, up by 26.15 points or 0.98% from its previous closing of Rs. 2680.80 on the BSE.
The scrip opened at Rs. 2700.00 and has touched a high and low of Rs. 2728.95 and Rs. 2693.25 respectively. So far 158790 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2833.85 on 26-May-2014 and a 52 week low of Rs. 1452.90 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 2716.00 and Rs. 2629.80 respectively. The current market cap of the company is Rs. 202239.18 crore.
The promoters holding in the company stood at 58.60 % while Institutions and Non-Institutions held 30.53% and 8.75% respectively.
State Bank of India (SBI), the nation’s biggest lender has opened five digital branches across the country as part of its programme to offer next generation banking solutions to the growing mobile phone and internet savvy customer base. These branches, named sbiINTOUCH, will facilitate services such as instant account opening with personalised debit cards, instant loan approval for car and home, remote expert advisors available via video links, along with interactive walls and table displays. These branches will also offer products of other SBI group companies, such as mutual funds and insurance.
The bank has opened 'sbiINTOUCH' outlets in Delhi, Mumbai, Bangalore, Chennai and Ahmedabad. The Kolkata branch will open shortly. Global consultancy firm Accenture provided technical support as well as training of employees for roll out sbiINTOUCH outlets.
The bank reported 34.20% fall in its net profit at Rs 2234.34 crore for third quarter ended December 31, 2013 as compared to Rs 3396.06 crore for the same quarter in the previous year. However, total income of the bank increased by 14.91% at Rs 39060.76 crore for quarter under review as compared to Rs 33992.11 crore for the quarter ended December 31, 2012.
| Company Name | CMP |
|---|---|
| SBI | 743.15 |
| Bank Of Baroda | 225.35 |
| Canara Bank | 92.85 |
| PNB | 98.65 |
| Union Bank Of India | 103.60 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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