Tata Consultancy Services (TCS) witnessed a positive uptick in its share price after announcing a strategic alliance with Mongolia’s Khan Bank aimed at transforming the bank’s digital banking ecosystem. This collaboration reinforces TCS’s leadership in global banking technology solutions and deepens its two-decade-long partnership with Khan Bank.
Stock Movement and Trading Highlights
As of the latest session, TCS is trading at ₹3,545.75, up by ₹29.80 or 0.85% from its previous closing price of ₹3,515.95 on the BSE. The stock opened at ₹3,515.95 and touched an intraday high of ₹3,550.00 and a low of ₹3,507.25. So far, 26,235 shares have been traded on the counter.
The stock belongs to BSE Group ‘A’ and carries a face value of ₹1. Over the last 52 weeks, the stock has recorded a high of ₹4,585.90 (September 2, 2024) and a low of ₹3,060.25 (April 7, 2025). Its one-week trading range stood between ₹3,630.00 and ₹3,380.00. TCS currently commands a market capitalization of ₹12,83,697.45 crore.
Shareholding Structure
Promoter Holding: 71.77%
Institutional Investors: 23.59%
Non-Institutional Investors: 4.64%
About the Strategic Alliance
TCS has signed a strategic partnership with Khan Bank, one of Mongolia’s largest commercial banks, to upgrade and modernize its core digital banking infrastructure. The initiative will be powered by the TCS BaNCS Global Banking Platform (GBP)—a comprehensive, agile, and scalable solution used by leading banks worldwide.
Key Highlights of the Alliance:
End-to-end Digital Transformation: The alliance aims to modernize Khan Bank’s core banking operations, including customer information file (CIF), trade finance, treasury, loans, deposits, and international payments.
Long-standing Partnership: Khan Bank has been using TCS BaNCS for over 25 years. This new phase builds on that legacy to meet evolving customer expectations and business needs.
Comprehensive Deployment: The platform will also support real-time risk management, advanced reporting, and consolidated treasury management across asset classes.
Improved Efficiency & Scalability: The transformation is designed to reduce time to market, enhance operational efficiency, and enable a pure digital banking strategy for broader financial inclusion.
About Khan Bank
Khan Bank is Mongolia’s national commercial bank with 548 branches and a customer base covering over 82% of the country’s population. By leveraging TCS BaNCS, the bank aims to streamline services, improve customer experience, and strengthen its digital footprint across the nation.
TCS: A Global Digital Transformation Leader
Tata Consultancy Services is a globally recognized IT services and consulting firm. With a focus on cognitive technologies, consulting-led delivery, and integrated IT solutions, TCS partners with several Fortune 500 companies across sectors.
This latest alliance with Khan Bank further cements TCS’s position as a trusted technology partner for financial institutions worldwide, especially in emerging markets driving digital-first banking.
Disclaimer: The above information is based on publicly available company data and official statements. Readers are advised to verify specific details through the official company website or regulatory filings before making any investment or strategic decisions.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
