Apr 23, 2012, 02.41 PM IST

SBI cuts retail term deposit rates; stock down

State Bank of India (SBI) has cut retail term deposit rates by 25-100 bps w.e.f April 24, reports CNBC-TV18.

Source: Moneycontrol.com
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State Bank of India (SBI) has cut retail term deposit rates by 25-100 bps w.e.f April 24. This rate cut will applicable across various tenures, reports CNBC-TV18.
 
It touched an intraday high of Rs 2,279.70 and an intraday low of Rs 2,195. At 14:36 hrs the share was quoting at Rs 2,209, down Rs 51.45, or 2.28%.
 
It was trading with volumes of 505,440 shares. In the previous trading session, the share closed down 0.48% or Rs 10.85 at Rs 2,260.45.


The company's trailing 12-month (TTM) EPS was at Rs 130.15 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 16.97. The latest book value of the company is Rs 968.97 per share. At current value, the price-to-book value of the company was 2.28. The dividend yield of the company was 1.36%.


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