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SBI takes a dip
State Bank of India (SBI) touched an intraday high of Rs 2,334 and an intraday low of Rs 2,281. At 12:28 pm, the share was quoting at Rs 2,285, down Rs 37.85, or 1.63%. It was trading with volumes of 232,623 shares. Yesterday the share closed up 0.79% or Rs 18.25 at Rs 2,322.85.
State Bank of India (SBI) touched an intraday high of Rs 2,334 and an intraday low of Rs 2,281. At 12:28 pm, the share was quoting at Rs 2,285, down Rs 37.85, or 1.63%.
State Bank of India (SBI) today said it is further scaling down its credit growth forecast below the 20% mark. And it is not just SBI - other large PSU banks have also said that the Reserve Bank of India's scaled down target of 18% credit growth this fiscal may be tough to achieve.
It was trading with volumes of 232,623 shares. Yesterday the share closed up 0.79% or Rs 18.25 at Rs 2,322.85.