With the m-cap of Rs 2,229 billion (Rs 2.229 trillion), SBI is currently stands at 11th rank, behind of Kotak Mahindra Bank, which has m-cap of Rs 2,231 billion (Rs 2.231 trillion) at 02:18 pm, the BSE data shows.
Kotak Mahindra Bank now become the second most valuable bank in terms of market-cap, replaced the SBI, which has fallen to number third position.
Kotak Mahindra Bank hit a new high of Rs 1,172, up 2% today, rallied 16% thus far in the calendar year 2018. On comparison, SBI has dipped 20% from Rs 310 to Rs 248 today. The S&P BSE Sensex was up 0.67% during the same period.
|Rank||COMPANY||Market-cap Rs billion|
|1||TATA CONSULTANCY SERVICES||6,092|
|7||MARUTI SUZUKI INDIA.||2,787|
|10||KOTAK MAHINDRA BANK.||2,231|
|11||STATE BANK OF INDIA||2,229|
Market-cap in Rs billion at 02:18 pm
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