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SBI set to hike its base rate for all loans; stock gains

State Bank of India (SBI) touched an intraday high of Rs 2,834.95 and an intraday low of Rs 2,808.60. At 09:29 hrs the share was quoting at Rs 2,828, up Rs 24.70, or 0.88%.

The bank is set to hike its base rate for all the loans by 25 basis points, reports Business Standard.

It was trading with volumes of 17,223 shares. In the previous trading session, the share closed down 0.57% or Rs 16.10 at Rs 2,803.30.

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