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RBI call rings: SBI announces rates based on marginal cost
State-run lender SBI today announced a move towards marginal
cost of funds based lending rates (MCLR), with effect from April 1, 2016, in
line with a Reserve Bank policy that called for a shift to the new regime.

SBI Stock Price
On March 30, 2016, State Bank of India closed at Rs 197.55, up
Rs 0.00, or 0.00 percent. The 52-week high of the share was Rs 305.00 and the
52-week low was Rs 148.30.
The company's trailing 12-month (TTM) EPS was at
Rs 16.01 per share as per the quarter ended December 2015. The stock's
price-to-earnings (P/E) ratio was 12.34. The latest book value of the company
is Rs 165.49 per share. At current value, the price-to-book value of the
company is 1.19.
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