Thursday, 7 April 2016

SBI sets home loan rates 25 bps above its MCLR Rate at 9.45%

The bank has set home loan rate 20 bps above MCLR at 9.40% for women borrowers.

State Bank of India sets home loan rates 25 bps above its MCLR rate at 9.45%. The bank has set home loan rate 20 bps above MCLR at 9.40% for women borrowers.
State Bank of India
Stock view:

State Bank of India is currently trading at Rs. 184.85, up by Rs. 0.9 or 0.49% from its previous closing of Rs. 183.95 on the BSE.

The scrip opened at Rs. 184.05 and has touched a high and low of Rs. 185.65 and Rs. 181.15 respectively. So far 11339235(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 142796.28 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 305 on 22-May-2015 and a 52 week low of Rs. 148.3 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 198.75 and Rs. 182.5 respectively.

The promoters holding in the company stood at 60.18 % while Institutions and Non-Institutions held 28.55 % and 9.32 % respectively.

The stock is currently trading above its 200 DMA.

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