State Bank Of India

The total asset value of State Bank Of India stood at ₹ 60,07,292 Cr as on 30-Jun-23

The share price of State Bank Of India is ₹598.150000 (NSE) and ₹598.100000 (BSE) as of 22-Sep-2023 IST. State Bank Of India has given a return of 47.66% in the last 3 years.

State Bank Of India has a market capitalisation of ₹ 5,33,781 Cr as on 22-Sep-2023. As per Value Research classification, it is a Large Cap company.

The P/B ratio of State Bank Of India is 1.53 times as on 22-Sep-2023, a 0.58% premium to its peers’ median range of 0.97 times.

The P/E ratio of State Bank Of India is 7.98 times as on 22-Sep-2023, a -0.44% premium to its peers’ median range of 14.16 times.

Step 1. Open a demat account through a broker. You would need to provide your email, PAN, bank account details, aadhar details, etc., for KYC
Step 2. Sign in to the broker’s application through a mobile app or website. Use the Login ID and password provided by your broker.
Step 3. Transfer funds from your bank account into the wallet present in your brokerage account.
Step 4. Search for the State Bank Of India and enter the required number of quantities and click on buy to purchase the shares of State Bank Of India.

State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments. It offers personal banking products and services, including current accounts, savings accounts, salary accounts, fixed and recurring deposits, and flexi and annual deposits; home, personal, auto, education, and gold loans, as well as loans against property and securities; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; and mobile, internet, and digital banking services. The company also provides corporate banking products and services comprising corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing Indian firms' overseas subsidiaries or JVs, cash management, and asset-backed loans, as well as trade and service products. In addition, it offers NRI services, including accounts and deposits, remittances, investments, and loans; agricultural banking and micro-credit to agriculturists and farmers; supply chain finance, and deposits and transaction banking services for SME customers; and international banking services. Further, the company provides treasury, broking, bill payment, and MICR services; and merchant banking, advisory, securities broking, business & management consultancy, trustee business, factoring, payment, asset management, investment management, credit cards, and custody and fund accounting services. It also offers support and business correspondent services. The company was founded in 1806 and is headquartered in Mumbai, India.

The promoter of State Bank Of India is PRESIDENT OF INDIA. PRESIDENT OF INDIA owns 57.47 per cent of the total equity. The chairman of the company is Dinesh Kumar Khara , and the managing director is Challa Sreenivasulu Setty..

The promoters of State Bank Of India have pledged 0% of the total equity as on Jun-23.

Some of the close peers are:

Yes, TTM profit after tax of State Bank Of India was ₹66,860 Cr.