SBI re-enters list of India’s 10 most valued domestic firms

SBI ने भारत की 10 सबसे मूल्यवान कंपनियों की सूची में फिर से प्रवेश किया

Points to Remember:

  • The State Bank of India (SBI) re-entered the top 10 most valued domestic firms in India by their market valuation.
  • Two weeks earlier, the bank lost its tenth spot to Bajaj Finance in the list.
  • At the close of trade, SBI’s market capitalisation stood at 2,27,979 crore, higher than the 2,25,080-crore market capitalisation of Bajaj Finance.
  • Others in the top-10 list are HDFC Bank, Hindustan Unilever Ltd, HDFC, Infosys, Kotak Mahindra Bank, ITC, ICICI Bank and SBI.
  • Bajaj Finance is now on the 11th spot in the ranking of top 100 companies by m-cap.

About SBI:

  • Formerly: Imperial Bank of India
  • Type: Public
    • Predecessor
    • Imperial Bank of India (1921-1955)
    • Bank of Calcutta (1806-1921)
    • Bank of Bombay (1840-1921)
    • Bank of Madras (1843-1921)
    • State Bank of Travancore (1945-2017)
      • Founded
      • 2 June 1806, Bank of Calcutta
      • 15 April 1840, Bank of Bombay
      • 1 July 1843, Bank of Madras
      • 27 January 1921, Imperial Bank of India
      • 1 July 1955, State Bank of India
  • Headquarters: Mumbai, Maharashtra, India
  • Chairman: Rajnish Kumar
Important Possible questions based on above News:
  1. Recently which bank re-entered in the list of India’s top-10 most valued domestic firms by their market valuation? State Bank of India (SBI)
  2. Who is the current chairman of State Bank of India (SBI)? Rajnish Kumar

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