Suryoday Small Finance Bank is currently trading at Rs. 141.75, up by 2.65 points or 1.91% from its previous closing of Rs. 139.10 on the BSE.
The scrip opened at Rs. 145.15 and has touched a high and low of Rs. 147.00 and Rs. 139.10 respectively. So far 7636 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 253.50 on 28-Apr-2021 and a 52 week low of Rs. 87.15 on 31-Mar-2022.
Last one week high and low of the scrip stood at Rs. 153.40 and Rs. 133.70 respectively. The current market cap of the company is Rs. 1491.00 crore.
The promoters holding in the company stood at 28.01%, while Institutions and Non-Institutions held 33.98% and 38.01% respectively.
Suryoday Small Finance Bank has chosen Kyndryl, the world's largest IT infrastructure services provider, to drive its technology transformation program, improve operational efficiency, and increase digital banking adoption among its customers as part of a five year transformation partnership.
Suryoday Bank will leverage Kyndryl's advisory and implementation services to deploy and support a new core banking system and integrate with digital channels to deliver a highly agile banking platform that accelerates retail business growth and enhances the bank's customer experience.
Kyndryl will manage the bank's critical core and mobile banking application ecosystem and provide deep expertise in hybrid cloud services, data analytics, and IP based transformation services frameworks to enable the bank's digital transformation journey.
Apart from modernizing the bank's technology and network connectivity, Kyndryl will also provide security and resiliency services using Kyndryl's Cyber Resiliency Orchestrator to ensure the bank remains compliant with current and future risk management guidelines and regulatory requirements.
Suryoday Small Finance Bank commenced its microfinance operations in 2009 and has since expanded its operations across several states and union territories.
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