Friday, January 27, 2023

Equitas Small Finance Bank Opens 7 New Branches In One Day And Lives To Its Power Of 7 Mantra


* Including the 7 new branches, now Equitas Small Finance Bank has a total of 800+ branches PAN-India.

* Equitas Small Finance Bank continues the ‘Power of 7’ with the 7 new branches and offers physical as well as digital solutions

Equitas Small Finance Bank Limited, one of the leading SFBs, is opening 7 new branches in different parts of the country. Operations of all 7 branches begin ahead of Republic Day. This time, the Chennai-headquartered bank is spreading its roots in Northern and Western India, including Southern India.

In the Southern region, the bank is opening a branch in Palakkad, Calicut and Cochin. Whereas, in the Northern region, citizens will benefit from the seamless banking experience of new branches of Equitas in towns like Hisar, Panchkula and Hoshiarpur. While North and South India get new branches, Equitas Small Finance Bank also opens a branch in the Andheri region of Mumbai District to serve more customers in the Western part of India.

Elated on the grand opening, Mr. Murali Vaidyanathan, Senior President and Country Head, Equitas Small Finance Bank, said, “We are delighted to announce the openings of 7 branches across India covering the Northern, Southern and Western regions of India. We are confident that our strong product proposition along with power of 7 will cater to the needs of our customers across these 7 branches too. We cater across age band from kids to senior citizen through our differentiated offerings. Besides, we serve our customers through our branches and digital proposition.  As we expand our footprints across India, we continue to contribute towards the progress and beyond banking initiatives. In fact, we are proud to be a diverse bank that is connected to the roots and spreads across India through fully equipped branches and digital interface. We look forward to your patronage and support across all locations to create a new era of capital growth along with social capital growth too.”

After the opening of these branches, Equitas Small Finance Bank will have a total of 800+ branches across India. One can locate branch and details via: https://locate.equitasbank.com/ with the launch of these 7 branches across the country, we bring more science to the art of relationship management with 7 reasons to bank with Equitas Small Finance Bank:

1.      Earn and save more with 7% better interest and assured returns in your savings.

2.      Save more with no maintenance charges

3.      Free fund transfers online anytime, anywhere

4.      Open savings account instantly with video KYC and go paperless

5.      Exciting offers and discounts with a variety of debit cards that matches the lifestyle

6.      17,000+ Bankers across 800+ banking outlets including ATMs that caters to 35+ lakhs customers.

7.      Addressing the heart and mind of the consumers through our #BeyondBanking initiatives.

About Equitas Small Finance Bank Limited [ESFB]

Equitas Small Finance Bank is one of the largest small finance banks in India. As a new-age bank, we offer a bouquet of products and services tailored to meet the needs of our customers – individuals with limited access to formal financing channels, as well as affluent and mass-affluent, Small & Medium Enterprises (SMEs) and corporates. Our firmly-entrenched strategy focuses on providing credit to the unbanked and underbanked micro and small entrepreneurs, developing products to address the growing aspirations at the ‘bottom of the pyramid’, fueled by granular deposits and ‘value for money’,

Wednesday, January 25, 2023

LTIMindtree Partners With Duck Creek And Microsoft To Build A Cloud Migration Solution For Insurers


LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, today announced that it has partnered with Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, and Microsoft to build a solution that will enable insurers to migrate their on-premises core systems to the cloud in a quick and efficient manner. 

The solution brings together LTIMindtree’s core modernization expertise, migration tools, and accelerators, Duck Creek’s industry-leading software-as-a-service (SaaS) platform ‘Duck Creek OnDemand’, and Microsoft’s comprehensive and secure Azure cloud platform. It will help insurers gain competitive advantage by delivering superior customer experience, innovation, cost-efficiency, and revenue growth. LTIMindtree’s comprehensive end-to-end cloud migration framework and remediation bots empower insurers to fully harness the agility and power of Duck Creek OnDemand to achieve predictable outcomes and transform their businesses.

“Insurers of all sizes are increasingly looking to tap into SaaS-based core systems to boost their ability to launch new products, reach new customers, and provide differentiated experiences” said Mukund Rao, Chief Business Officer for Banking, Financial Services and Insurance at LTIMindtree. “Our solution will help them take a holistic approach to ‘core-to-experience’ transformation for thriving in the marketplace of the future.”

“As customer demands and digital technologies evolve, insurers must drive continuous product innovation, accelerated speed-to-market, higher responsiveness, and personalized omnichannel experiences to stay relevant and resilient,” said Rohit Bedi, Chief Revenue Officer at Duck Creek Technologies. “This solution will make it faster and easier for insurers to achieve their strategic goals by realizing future-ready, cloud-based core systems.”

“Amid a fast-changing insurance landscape, it is imperative for insurers to thrive on disruption and convergence by empowering intelligent insurance,” said Kim Vogel, GM Insurance Sales for Microsoft Corp. “By combining capabilities of Microsoft, Duck Creek, and LTIMindtree, this solution will enable new ways for insurers to boost agility, delight customers, drive new business models, enhance partner collaboration, and achieve better business outcomes. It will help insurers leapfrog operational challenges and complexities to deliver higher availability, scalability, security, and resiliency of their core systems.”

About LTIMindtree

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by nearly 90,000 talented and entrepreneurial professionals across more than 30 countries, LTIMindtree — a Larsen & Toubro Group company — combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale. For more information, visit www.ltimindtree.com.

About Duck Creek Technologies

Duck Creek Technologies (NASDAQ: DCT) is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter.

TVS Credit Grows Their Assets Under Management To Rs.19,541 Cr End Of Q3 FY23


TVS Credit Services Limited, one of India’s leading NBFCs, published its unaudited financial results for the quarter ended and nine months ended Dec 31, 2022. The NBFC reported a net profit after tax of Rs.278 Cr for the nine months ended Dec 31, 2022. The Company’s AUM registered a Y-o-Y growth of 53% as of Dec’22 compared to Dec’21.

Q3 FY23 Results Summary:

·         AUM stood at Rs.19,541 Cr as of Dec’22, a 53% growth over Dec’21

·         Total Income was Rs.2,925 Cr for the nine months ended Dec’22, a rise of 47% as compared to the corresponding period of previous year

·         Net profit after tax for the nine months ended Dec’22 was Rs.278 Cr as compared to Rs.58 Cr for the corresponding period of previous year

Commenting on the performance, Mr. Ashish Sapra, CEO, said, “In Q3 FY23, our business has witnessed a growth in loan disbursements owing to strong momentum across products. This fiscal we have added over 2 million customers till date, bringing our total customer base to nearly 10 million. We will continue to provide enhanced customer experience and expand our footprint in newer markets.”

About TVS Credit Services Limited:

TVS Credit Services Limited is a leading Non-Banking Financial Company registered with the RBI. With over 31,000 touchpoints across India, the Company aims to empower Indians to dream bigger and fulfil their aspirations. Being the number one financier for TVS Motor Limited and one of the leading tractor financiers, TVS Credit has a fast-growing footprint in Used Car Loans, Consumer Durable Loans, Used Commercial Vehicle Loans, and Unsecured Loans segment. Powered by robust new-age technologies and data analytics, the Company has served nearly 10 million happy customers with the help of its 17,000+ employees.

Croma Celebrates Its Constitution Of Joy Campaign With Wall Of Unity AR-Powered Artwork!


~ Croma for the first time has conceptualized and is excited to introduce a unique AR-powered Wall of Unity ~

~ An innovative artwork that uses the latest technology to enhance and transform how users see and experience visual content through AR~

~ When the artwork is viewed through this filter, the user can spot hidden Indian flags which have the coupon codes that can be redeemed at stores~

In honor of India's Republic Day, Croma, India’s first and trusted omni channel electronics retailer from the Tata Group proudly announces its campaign ‘Constitution of Joy’ for its Republic Day Sale, which begins on January 19 and will run till January 29,2023. Through its Constitution of Joy campaign, Croma aims to go above and beyond the call of duty to deliver great service, make a difference in the lives of others and improve customer experiences, much as the constitution was written to improve India and protect people's rights.

Croma for the first time has conceptualized and is excited to introduce a unique AR-powered Wall of Unity in Delhi at the DLF Mall, Gurgaon in Sikanderpur, Rajkot at the Crystal Mall, Chennai at Alandur Metro Station, Mumbai at Ghatkopar Metro Station, and Kochi at the Center Square. An innovative artwork that uses the latest technology to enhance and transform how users see and experience visual content. The artwork displayed at the mentioned locations will have a QR code present, which when scanned through the user’s camera will redirect the user to the Wall of Unity by Croma filter. When the artwork is viewed through this filter, the user can spot hidden Indian flags which have the coupon codes that can be redeemed at stores. The filters are easy to use and can be accessed when the QR code present with the artwork is scanned. This is just the beginning of many exciting technological developments at Croma.

Go and grab this amazing opportunity to claim your additional discounts with coupon codes from January 25 to 27 at various famous spots in these cities.

As a responsible brand, Croma makes every effort to give its customers happy moments. In order to significantly impact the creation of a positive and joyful atmosphere in someone's life, the brand is going the extra mile to make its customers happy.

About Croma-Infiniti Retail Ltd.

Launched in 2006, Croma is India’s first and trusted Omni-channel electronics retailer from the Tata Group. Croma is the first one-of-its kind large format specialist retail store that caters to all multi-brand digital gadgets and home electronic needs in India. Bringing alive the promise of a ‘Brighter Every Day’ for its customers, Croma offers its customers a world-class ambience and omnichannel customer experience to shop both in-store and online at www.croma.com.

With over 16,000 products across 550+ brands through 300+ stores across over 100+ major cities of India, Croma is a brand of Infiniti Retail Ltd., which is a part of the Tata Group.

Piramal Foundation Signs Memorandum Of Understanding (MoU) With EngenderHealth


* MoU to help strengthen sexual and reproductive health and rights, and gender equality, in tribal communities

 Piramal Foundation, under Piramal Swasthya Management and Research Institute (PSMRI), signed a Memorandum of Understanding (MoU) with EngenderHealth to strengthen and advance sexual and reproductive health and rights (SRHR), and gender equality, in tribal communities, through technical collaboration.

The MoU was signed by Dr. Swati Piramal, Vice Chairperson, Piramal Group and Chairperson, PSMRI, and Ms. Sekai P. Chikowero, Vice President, Programs of EngenderHealth. Dr. Ajay Khera, India Country Representative, EngenderHealth, and Mr. Ashwin Deshmukh, Senior Vice President, PSMRI, were present during the occasion along with their team members.

The MoU is a form of mutual commitment in complementing each other`s work in tribal communities and function in the perspectives of terms of impactful, gender-transformative, youth-friendly and socially inclusive programs, creating various products for policy and program advocacy.

Speaking at the occasion of signing the MoU, Dr. Piramal said, “On-ground humanistic approaches have always helped collaborative programs and the results of engaging in meaningful work are visible across social advocacy spaces. Our collaboration with EngenderHealth will further strengthen sexual and reproductive health and rights, gender equality, youth and social inclusion in tribal communities. The association is in sync with our core value of doing well and doing good for the society and the country.”

Ms. Chikowero echoed the feelings expressed by Dr. Piramal and said, “To better understand the needs of each tribal community, we must engage with and learn from community members. Through this partnership, we will collaborate with PSMRI and tribal communities as part of our commitment to advancing gender equality.”

The MoU aims at EngenderHealth providing support to PSMRI as a technical and knowledge partner in its journey to ensure sexual and reproductive health and rights, and gender equality, in the tribal communities it works with. As a knowledge partner, EngenderHealth will collaborate with PSMRI on a range of issues on sexual and reproductive health and rights, and gender equality.

PSMRI is a philanthropic arm of the Piramal Group and one of the largest not-for-profit organizations in India working in primary public healthcare with a focus on maternal, child and adolescent health, and non-communicable diseases. EngenderHealth, in line with its mission and vision, is pleased to support PSMRI. The support is given in an effort to strengthen sexual and reproductive health and rights, and gender equality, youth and social inclusion in the tribal health programs.

About Piramal Foundation

Piramal Foundation’s vision is to transform health, education, water, and social sector ecosystems through partnerships, high-impact solutions, and thought leadership. Aligned to the Sustainable Development Goals, it partners with the Central Government and State Governments, international and national organizations, and academia to help improve delivery of government services in line with its values of “Doing well and Doing good”.

By focusing on the most underserved groups within India, strengthening the ability of states to deploy impactful initiatives, and engaging youth in nation building efforts, the Foundation has touched the lives of 100+ million Indians in the last 15 years.

About EngenderHealth

EngenderHealth envisions a gender-equal world where all people achieve their sexual and reproductive health and rights. To achieve this vision, EngenderHealth implements high-quality, gender-equitable programs that advance sexual and reproductive health and rights. All of our work is guided by five core values—reflection: we question, challenge, learn, and adapt; inclusion: we are committed to equality, justice, and leaving no one behind; integrity: we are principled and honest, and we walk our talk; respect: we value the wisdom and agency of our collaborators, and appreciate our differences; and transformation: we seek bold ideas and opportunities to innovate for progress.

Revolutionizing Eye Care In India: Innovations And Advances To Look Out For In 2023


By: Dr. Satyaprasad Balki – MS (F.C.A.S)  Cataract, Cornea, Refractive Surgeon – MaxiVision Eye Hospital, Hyderabad

The field of eye care is constantly evolving, with new innovations and advances arising from the intersection of science and technology. In the coming year, 2023, there are several noteworthy developments to look out for.

Retinal Imaging: Portable devices have replaced traditional machines in retinal imaging, making the process more affordable and accessible. These devices allow for high-resolution images of the retina to be taken with a simple mobile phone attachment, making it possible to conduct retinal imaging even in eye camps.

Visual Field Testing: The Humphreys visual field test, used for early diagnosis of glaucoma, has been made more convenient with the integration of virtual reality technology. The test is now performed using a VR headset with pre-programmed diagnostic criteria and results are available on a mobile device.

Cataract and Retina Surgery: 3D glasses are no longer just for movies, they are also being used in cataract and retina surgeries. The latest advances in technology are slowly replacing the need for a microscope during surgery, allowing surgeons to use 3D glasses and a high-resolution TV to perform procedures with better image quality.

Overall, these advancements in eye care not only improve the diagnostic and therapeutic capabilities of the field but also makes it more accessible to a wider population. The marriage of technology and science will continue to play a major role in the development of new and innovative eye care solutions in the coming years .

ZEE Bihar Jharkhand Hosts ‘The Brands Of Bihar Jharkhand’ To Salute The ‘Never Give Up’ Spirit Of Iconic Brands Across India


* The channel recognized brands of the region that have attained ICONIC status over the years

Zee Bihar Jharkhand, one of the leading Hindi news channels of Zee Media Corporation Limited, hosted ‘The Iconic Brands of Bihar Jharkhand’, felicitating the achievements of iconic brands of the region that converted every challenging situation into an opportunity for growth and expansion in their respective areas of innovation, expertise and emerging businesses. This initiative was further appreciated by the trade community as well as the public.

The on-ground event was held in Ranchi, highlighting the relevance of how ‘Never give up’ attitude can enable brands/ entrepreneurs to attain ‘iconic’ success, breaking all barriers of language, community, geographies etc. To name a few, some of the iconic brand awardees are as follows: TufconXT, Vaastu Vihar, State Bank Of India, Satyamev Group, Law Prep Tutorial, Shree Baidyanath Ayurved Pvt Ltd, Ashirwaad Engicon Group, Hari Lal Ventures Pvt Ltd, Edurise India, Goal Bio Oil, Elegant Steel, S.K Mandal Group Of Institutions and Panorama Group were awarded for excellence in their respective sectors.

‘The Iconic Brands of Bihar Jharkhand’ was graced by Chief Guest - Shri Mithilesh Kumar Thakur, Minister, Drinking Water & Sanitation Department, Government of Jharkhand, Actresses- Neha Dhupia & Akshara Singh and several other dignitaries.

Shri Mithilesh Kumar Thakur, Minister, Drinking Water & Sanitation Department, Government of Jharkhand, congratulated the Zee Bihar Jharkhand team for supporting the vision and appreciating the efforts of go-getters of the region. He also emphasized on how such platforms can encourage many more brands to step forward toward the development of the economy.

Speaking on the success of ‘The Iconic Brands of Bihar Jharkhand’, Zee Bihar Jharkhand Editor Rajkamal Choudhary, said “We are honored to host the ‘The Iconic Brands of Bihar Jharkhand’ and be a part of the success journey of brands who have attained Iconic status over the years. These visionaries have done exceptionally well in their respective fields. The Zee Bihar Jharkhand team has been consistently encouraging brands and stakeholders to expand and explore new horizons for the future by providing national recognition.”

This event was powered by TufconXT and The State Bank of India and Vastu Vihar was the banking partner and special partner respectively.

About Zee Media corporation limited

About Zee Media Corporation Ltd: ZMCL is one of India's leading media and entertainment companies with a strong presence in the news and regional entertainment genres with 13 news channels in 7 different languages, touching more than 528+ Million viewers through its linear and digital properties like Zeenews.com, dnaindia.com, india.com and others.

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