State Bank of India (SBI) is currently trading at Rs. 2699.15, up by 39.65 points or 1.49 % from its previous closing of Rs. 2659.50 on the BSE.
State Bank of India (SBI), the nation’s biggest lender has started the 'SBI Youth for India fellowship' to enable young people to work for the development of India for 1 year. The SBI Youth for India fellowship is a volunteering platform initiated, funded and managed by SBI in partnership with non-government organisations (NGOs). The Program enables urban youth to work on rural development projects for 1 year.
Meanwhile, the bank’s business per employee has increased by 51% in the last four years on the back of large-scale recruitment. Staff productivity or business per employee has increased to Rs 10.64 crore at the end of March 2014 against Rs 7.04 crore as at the end of March 2011.
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 closing of Rs. 2659.50 on the BSE.
The scrip opened at Rs. 2660.05 and has touched a high and low of Rs. 2704.50 and Rs. 2648.20 respectively. So far 238253 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. 2681.00 and Rs. 2567.20 respectively. The current market cap of the company is Rs. 201436.62 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 started the 'SBI Youth for India fellowship' to enable young people to work for the development of India for 1 year. The SBI Youth for India fellowship is a volunteering platform initiated, funded and managed by SBI in partnership with non-government organisations (NGOs). The Program enables urban youth to work on rural development projects for 1 year.
Meanwhile, the bank’s business per employee has increased by 51% in the last four years on the back of large-scale recruitment. Staff productivity or business per employee has increased to Rs 10.64 crore at the end of March 2014 against Rs 7.04 crore as at the end of March 2011.
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.
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