SBI Trades Higher on BSE; Expands Branch Network in Tamil Nadu

Mumbai, September 22 (Kiran News): Shares of State Bank of India (SBI) were trading higher on the BSE today. The scrip was quoted at Rs. 863.85, up by 1.60 points or 0.19% from its previous close of Rs. 862.25.

State Bank of India

The stock opened at Rs. 862.90 and touched an intraday high of Rs. 868.00 and a low of Rs. 858.20. A total of 1,21,147 shares were traded during the session.

SBI’s stock has a 52-week high of Rs. 875.50 (December 6, 2024) and a 52-week low of Rs. 679.65 (March 3, 2025). On a weekly basis, it traded between Rs. 868.00 and Rs. 821.40. The lender currently commands a market capitalisation of Rs. 7,96,971.52 crore.

As of the latest shareholding pattern, promoters hold 57.42%, while institutions and non-institutions account for 35.01% and 7.57%, respectively.

Meanwhile, SBI has further strengthened its presence in Tamil Nadu with the inauguration of 14 new branches, two Home Loan Centres, and two modern Rural Self Employment Training Institutes (RSETIs). The bank is also organising Gram Panchayat camps to boost financial inclusion at the grassroots level.

SBI, India’s largest lender, continues to play a key role in personal banking, agriculture and rural banking, NRI services, SME financing, and corporate banking.

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