SBI rises on inking pact with HCLSoftware

29 Apr 2024 Evaluate

State Bank of India is currently trading at Rs. 807.10, up by 5.70 points or 0.71% from its previous closing of Rs. 801.40 on the BSE.

The scrip opened at Rs. 809.00 and has touched a high and low of Rs. 810.00 and Rs. 798.75 respectively. So far 255357 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 816.85 on 26-Apr-2024 and a 52 week low of Rs. 543.15 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 816.85 and Rs. 750.45 respectively. The current market cap of the company is Rs. 715441.52 crore.

The promoters holding in the company stood at 57.54%, while Institutions and Non-Institutions held 35.08% and 7.38% respectively.

State Bank of India (SBI) has entered into partnership with HCLSoftware, the software business unit of HCL Technologies (HCLTech), to digitally transform customer engagement. As part of the five-year agreement, HCLSoftware will deploy the HCL Unica platform to enable SBI to digitally transform its customer interaction framework and provide hyper-personalized communication across the bank’s diverse digital marketing channels, while adhering to the Digital Personal Data Protection Act (DPDPA) and other stringent security requirements.

HCL Unica, with its advanced Customer Data Platform, AI capabilities and comprehensive campaign management tools, would leverage real-time data to significantly improve SBI’s ability to engage with its customers. It will help facilitate complex, multi-channel digital marketing campaigns, enhancing customer engagement precision and relevance. HCL Unica’s powerful Customer Data Platform will organize and aggregate SBI’s customer data from various touchpoints, creating a unified view that facilitates deeper insights and targeted marketing initiatives.

State Bank of India is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

SBI Share Price

819.65 7.15 (0.88%)
23-Dec-2024 10:55 View Price Chart
Peers
Company Name CMP
SBI 819.65
Bank Of Baroda 245.30
Canara Bank 100.85
PNB 101.90
Union Bank Of India 117.80
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