financetom
Business
financetom
/
Business
/
SBI scouts for PR agency to devise brand building strategies
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
SBI scouts for PR agency to devise brand building strategies
May 6, 2020 7:13 AM

As part of the brand building exercise, the State Bank of India (SBI) is looking for a public relations agency to help it become the preferred choice of customers for their banking needs.

Share Market Live

NSE

The country's largest lender, SBI has a network of more than 22,000 branches spread across India. It is also present in over 30 countries.

"SBI is looking to engage with a public relations agency for providing public relation services (conceptualisation and implementation/execution of public relations campaigns)," it said in a request for proposal (RFP).

In its RFP document for selection of a PR agency, the bank said it aspires to give an impetus to its marketing efforts to develop a highly favourable brand perception from what it is today, and at the same time, the lender endeavours to become the preferred choice of customers.

The selected agency will be responsible for developing and implementing public relation activities to be organised by the bank.

The agency may also be required to engage with any specialist service providers such as film production house, event venues, travel agents, or other relevant service providers to deliver holistic solutions, the document said.

As per the RFP, the public relation agency will be engaged on a pure contractual basis for a period of three years, subject to annual performance review.

The selected agency will have to design and implement the bank's corporate communications strategy with a long-term perspective.

Also, it will have to "articulate short-term and long-term objectives with specific, actionable and measurable initiatives to build positive saliency for the bank by moulding opinion among various stakeholders i.e. customers, investors, media fraternity, analysts, government and public at large", the RFP said.

The scope of work for the agency includes media relations, media monitoring, timely intimation to the bank about any coverage that is detrimental to the interest of SBI, market intelligence and event management, it added.

First Published:May 6, 2020 4:13 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UAE commits to $1.4 trillion investment framework in US, White House says
UAE commits to $1.4 trillion investment framework in US, White House says
Mar 21, 2025
WASHINGTON (Reuters) - The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the United States after top UAE officials met President Donald Trump this week, a White House official said on Friday. The new framework will substantially increase the UAE's existing investments in the U.S. economy in AI infrastructure, semiconductors, energy, and American manufacturing, the...
US Secret Service meets with GM execs on next-generation armored SUVs
US Secret Service meets with GM execs on next-generation armored SUVs
Mar 21, 2025
* GM working on next-generation presidential limousine * Secret Service says too far out to detail costs, dates * GM CEO, Trump discussed armored SUVs last week - source (Adds no immediate GM comment, comment from Secret Service) By David Shepardson WASHINGTON, March 21 (Reuters) - The head of the U.S. Secret Service met with General Motors ( GM )...
Korean Air to finalise Boeing plane order soon, highlighting US-S.Korea ties
Korean Air to finalise Boeing plane order soon, highlighting US-S.Korea ties
Mar 21, 2025
SEOUL, March 21 (Reuters) - Korean Air will soon finalise a $32.7 billion deal for new Boeing ( BA ) aircraft and GE Aerospace engines, South Korea's industry ministry said during a visit to the United States to strengthen bilateral relations. Korean Air last year said it would order 20 777-9 and 20 787-10 planes from Boeing ( BA ),...
Korean Air to finalise Boeing plane order soon, highlighting US-S.Korea ties
Korean Air to finalise Boeing plane order soon, highlighting US-S.Korea ties
Mar 21, 2025
SEOUL (Reuters) - Korean Air will soon finalise a $32.7 billion deal for new Boeing ( BA ) aircraft and GE Aerospace engines, South Korea's industry ministry said during a visit to the United States to strengthen bilateral relations. Korean Air last year said it would order 20 777-9 and 20 787-10 planes from Boeing ( BA ), with options...
Copyright 2023-2026 - www.financetom.com All Rights Reserved