Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  SBI spurts on launching digital initiative 'MOPAD'

09-Aug2018

SBI spurts on launching digital initiative 'MOPAD'

State Bank Of India (SBI) is currently trading at Rs. 315.60, up by 6.95 points or 2.25% from its previous closing of Rs. 308.65 on the BSE.

The scrip opened at Rs. 313.00 and has touched a high and low of Rs. 318.50 and Rs. 310.10 respectively. So far 1267250 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 351.50 on 26-Oct-2017 and a 52 week low of Rs. 232.00 on 27-Apr-2018.

Last one week high and low of the scrip stood at Rs. 318.50 and Rs. 294.05 respectively. The current market cap of the company is Rs. 281659.98 crore.

The promoters holding in the company stood at 58.47%, while Institutions and Non-Institutions held 33.88% and 7.65% respectively.

SBI has launched one more digital initiative called MOPAD (Multi Option Payment Acceptance Device). It will enable customers to make payments through cards, Bharat QR, UPI and SBI Buddy (e-wallet) on a point of sale (PoS) terminal. It will also provide digital convenience to customers and ease of doing business for merchants at the same time.

SBI is the country's largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.



Related News

View all news

HDFC trades higher on the bourses

Housing Development Finance Corporation is currently trading at Rs. 1921.45, up by 1.40 points or 0.07% from its previous closing of Rs. 1920.05 on the BSE.The scrip opened at Rs. 1919.70 and has touched......

GAIL rises on planning to invest in start-ups, solar power plants, battery charging stations

GAIL (India) is currently trading at Rs. 382.70, up by 3.60 points or 0.95% from its previous closing of Rs. 379.10 on the BSE.The scrip opened at Rs. 378.25 and has touched a high and low of Rs. 386.85......

InterGlobe Aviation rises on reporting passenger load factor of 88.7% in July

Interglobe Aviation is currently trading at Rs. 1088.45, up by 2.70 points or 0.25% from its previous closing of Rs. 1085.75 on the BSE.The scrip opened at Rs. 1075.00 and has touched a high and low of......

Top News

View all news

CG Power's JV inaugurates HV, EHV factory in Indonesia

CG Power and Industrial Solutions' (CG) joint venture (JV) PT CPSI has inaugurated Indonesia's first High Voltage (HV) and Extra High Voltage (EHV) factory at the Modern Cikande Industrial Estate, Banten......

MCX inks MoU with Indian Cotton Federation: Report

Multi Commodity Exchange of India (MCX) has reportedly signed memorandum of understanding (MoU) with Coimbatore-based Indian Cotton Federation (ICF). The agreement is to facilitate potential collaboration......

RIL's telecom arm tops Fortune's 'Change the World' list

Reliance Industries' (RIL) telecom arm -- Reliance Jio -- has ranked as the top company globally on Fortune's 'Change the World' list that ranked companies using the profit motive to tackle social problems......