Infosys expanded its four-year pact with the old national bank

NYSE-listed Infosys is a multinational consulting and IT services firm that was founded in 1981 and employs over 315k people. We started with a capital of US$250 and have grown to a US$ 18.7 billion (LTM Q1 FY25 revenues) company with a US$ 77.31 billion market capitalization. Our company has been dedicated to implementing innovative concepts and business solutions that propel our clients’ advancement for more than 40 years. Infosys Limited is an Indian multinational technology company that provides information technology, business consulting, and outsourcing services. Infosys employs more than 300,000 people worldwide. Our operations are dispersed over more than 50 countries worldwide.

Infosys increases its partnership with Old National Bank

The IT major told the exchanges that this development strengthens their current partnership and enables Old National Bank to leverage Infosys’ services, solutions, and platforms for process digitization and operational transformation through automation and Generative AI (GenAI) technologies.

For the purpose of the bank’s digital transformation, Infosys announced that it has extended its four-year partnership with Old National Bank, the sixth-largest commercial bank with its headquarters located in the Midwest.Using a highly effective, self-funding model, Infosys has been helping Old National Bank modernize its digital landscape since 2020. According to Infosys, this has enhanced stability, resilience, and the customer experience, which has accelerated and sustained Old National Bank’s growth.

Infosys Ltd. stock is up by 1% today

Infosys Ltd. stock is right now trading at Rs. 1,975.45 per share, which is up by more than 1% and 1,977.00 high traded today. 

Infosys extended its four-year agreement with the Old National Bank to include capitalization, which is the primary goal in order to improve stability, provide excellent customer experiences, and support the growth of the Old National Bank.

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