State Bank of India (SBI) is currently trading at Rs 2196.00, up by 11.85 points or 0.54% from its previous closing of Rs 2184.15 on the BSE.
The scrip opened at Rs 2182.10 and has touched a high and low of Rs 2208.00 and Rs 2175.40 respectively. So far 95507 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 2959.90 on 25-Apr-2011 and a 52 week low of Rs 1576.00 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs 2366.90 and Rs 2140.00 respectively. The current market cap of the company is Rs 138693.44 crore.
The promoters holding in the company stood at 59.40% while Institutions and Non-Institutions held 26.58% and 11.17% respectively.
State Bank of India, country’s largest public sector lender has planned to offer new, lower rates to old home loan borrowers. Currently, borrowers who have taken loans linked to SBAR (State Bank Advance Rate or the prime lending rate) are paying as much as 2-3 percentage points more than existing floating rates that are linked to the Base Rate, as base rate is lower than the SBAR.
Banks base rate is currently at 10%, while the SBAR is 14.75%. Besides, the bank has also reduced the spread it charges over the base rate for home loans resulting reduced home loan rates.
The customer who wants to switch over for them there is no restriction on the tenure or the amount of the loan but bank is charging a fee of 1% of the outstanding amount to switch to the new rate
| Company Name | CMP |
|---|---|
| SBI | 811.85 |
| Bank Of Baroda | 245.20 |
| Canara Bank | 100.60 |
| PNB | 101.65 |
| Union Bank Of India | 118.10 |
| View more.. | |
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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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