Ravi Lalwani: What festive offers have been introduced by AU SFB recently? Have these offers been successful in achieving their targets?
Uttam Tibrewal: AU Small Finance Bank (AU SFB) has recently launched its biggest shopping festival of the year, ‘AU Heart To Cart,’ which runs from October 3rd to November 3rd, 2024. This month-long campaign is designed to provide our customers with an exciting and rewarding shopping experience, offering exclusive deals across a wide range of banking services and shopping categories. The festival features an array of benefits, including discounts, gift vouchers, and assured rewards on credit and debit cards, as well as special benefits on accounts, lockers, and fixed deposits. Additionally, our business customers can enjoy exclusive benefits worth over `2000 through digital activations.
We are encouraged by the initial response, which indicates a significant uptake in categories such as electronics, travel, and dining. These positive trends suggest that we are on track to achieving our campaign goals, demonstrating the success of ‘AU Heart To Cart’ in delivering value to our customers.
Esta historia es de la edición November 2024 de Banking Frontiers.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición November 2024 de Banking Frontiers.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
RBI raises limits for cooperative banks
The Reserve Bank of India (RBI) raised The Cooperative Banks (UCBs) to 30 million per borrower and increased their aggregate exposure to housing, real estate, and commercial real estate loans to 25% of total loans.
Empowering Women for Women-Led Growth in India's Viksit Bharat
Highlights of a panel discussion organized by Enqube in Mumbai:
Indian private banks are surmounting the storm
A analytical note by CareEdge on the Indian banking industry paints a positive picture for Indian private banks:
Affordable housing finance sees subdued growth
A recent study by CRISIL shows that affordable housing finance constitutes 34% of the overall housing finance market:
Shift Employees to VPN; Shift Data to Cloud
Ravi Lalwani: Given the massive shift towards mobile, what kinds of cyber frauds have increased the most?
Propelld: 29% women borrowers, of whom 40% are NTC
Propelld is an education loan focused NBFC. Nikunj Agarwal, Head Fundraise, Financial & Alliances, gives insights on women borrowers:
A Quantamental Approach
In a rapidly evolving financial landscape, Shriram Asset Management Company (AMC), under the leadership of Kartik Jain, MD & CEO, combines innovation, technology, and human insight to tackle investor needs and industry challenges.
Confidence Ignite the Spirit
In the rather tumultuous year that passed by, we witnessed several earth-shaking events.
Energizing the body, Calming the mind
Two things learnt in 2024: 1. If something needs to be changed, make the change quickly and avoid wasting time. 2. Focus on improving self-control.
HKMA launches crucial Gen AI sandbox
The Hong Kong Monetary Authority has just launched the first cohort of its Gen AI sandbox focusing on risk management, anti-fraud systems and customer experience:
