SBI Shares: Best Shares To Invest: History OF Share Price

The State Bank of India (SBI) is an Indian multinational, public sector banking and financial services statutory body. It is a government corporation statutory body headquartered in Mumbai, Maharashtra. It is the largest bank in India with a 23% market share in assets, besides a share of one-fourth of the total loan and deposits market.

The bank descends from the Bank of Calcutta, founded in 1806, via the Imperial Bank of India, making it the oldest commercial bank in the Indian subcontinent. The Bank of Madras merged into the other two “presidency banks” in British India, the Bank of Calcutta and the Bank of Bombay, to form the Imperial Bank of India, which in turn became the State Bank of India in 1955. The Government of India took control of the Imperial Bank of India in 1955, with Reserve Bank of India (India’s central bank) taking a 60% stake, renaming it the State Bank of India.

SBI shares

SBI shares trade with symbol SBIN on stock exchanges BSE and NSE.

SBI provides a range of products and services to personal, commercial enterprises, large corporates, public bodies and institutional customers. SBI operates through segments including Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Business (including operations of Non-Banking Subsidiaries/Joint Ventures other than SBI Life Insurance Co. Ltd. and SBI General Insurance Co Ltd).

Shrikant Chouhan of Kotak Securities Limited has a buy call on State Bank of India 0.31 % with a target price. The current price of State Bank of India is Rs 311 Time period given by the analyst is Intra Day when State Bank of India price can reach the defined target. Shrikant Chouhan recommended keeping a stop loss.

SBI Share Price And Stock History(weekly)