SBI gains on unveiling three digital banking facilities for customers

State Bank of India (SBI) is currently trading at Rs. 1986.15, up by 22.65 points or 1.15% from its previous closing of Rs. 1963.50 on the BSE. The scrip opened at Rs. 1965.25 and has touched a high and low of Rs. 1992.00 and Rs. 1951.85 respectively. So far 82798 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2469.25 on 20-May-2013 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. 2038.00 and Rs. 1920.25 respectively. The current market cap of the company is Rs. 148642.70 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) has launched three digital banking facilities for the convenience of its customers. Two at the customer’s door step using TAB banking - one for customers opening Savings Bank accounts and another for Housing Loan applicants. The third one is e-KYC (Know your Customer). SBI will offer its valued customers the facility of opening accounts at their door step through Tab Banking. The bank will also offer TAB banking facility at the place of the Housing Loan applicant, for in-principle approval of home loan. The Home Loan Sales Team will visit the applicant and capture on the tablet KYC details, information on the income & deductions and details of the proposed property purchase (House/Flat). State Bank of India also launched e-KYC services. Under this facility, e-KYC certificate is generated as an identity document.