Bank of Baroda Announces Financial Results For The Quarter & Financial Year Ended 31st March 2024

Key Highlights

Global Business grew by 11.2% to reach INR 24,17,464 crore as of 31st March 2024.

Net Profit for Q4FY24 stands at INR 4,886 crore, growth of 2.3% YoY.

Return on Assets (ROA) increased by 14 bps YoY and stands at 1.17% for FY24.

Return on Equity (ROE) higher by 61 bps YoY at 18.95% for FY24.

The growth in profitability was supported by healthy Operating Income growth of 15.3% YoY in FY24.

Operating income growth was augmented by 44.6% YoY growth in Non-Interest Income to INR 14,495 crore in FY24.

Operating Profit registered a healthy growth of 15.3% YoY and stands at INR 30,965 crore in FY24.

Global Net Interest Margin (NIM) improves by 17 bps sequentially and stands at 3.27% in Q4FY24.

Net Interest Margin (NIM) for FY24 is 3.18%.

BOB has witnessed significant improvement in its Asset quality with reduction in GNPA by 87 bps YoY to 2.92% from 3.79% in Q4FY23.

Bank’s NNPA reduced by 21 bps YoY to 0.68% in Q4FY24 as against 0.89% in Q4FY23.

BOB’s balance sheet remains robust with healthy Provision Coverage Ratio (PCR) of 93.30% with TWO & at 77.34% without TWO.

Credit cost remains below 1% at 0.67% for FY24 & 0.57% for the quarter.

Healthy Liquidity Coverage Ratio (LCR) at 120.6% as on 31st March 2024.

BOB’s Global Advances registered a growth of 12.5% YoY in Q4FY24 led by robust retail loan book growth. Bank’s organic Retail Advances grew by 20.7%, driven by strong growth across segments such as Auto Loan (23.8%), Home Loan (14.1%), Personal Loan (51.6%), Mortgage Loan (11.4%), Education Loan (19.6%).

Profitability

BOB reported a standalone Net Profit of INR 4,886 crore in Q4FY24 as against a profit of INR 4,775 crore in Q4FY23. Net Profit for FY24 stands at INR 17,789 crore (+26.1% YoY) as against INR 14,110 crore in FY23.

Net Interest Income (NII) grew by 2.3% YoY to INR 11,793 crore in Q4FY24. NII for FY24 registered a growth of 8.1% and stands at INR 44,722 crore.

Non-Interest Income for the quarter grew by 20.9% YoY to INR 4,191 crore. Non-Interest Income for FY24 stands at INR 14,495 crore up by 44.6% YoY

Global NIM improves by 17 bps sequentially and stands at 3.27% in Q4FY24. Global NIM for FY24 stands at 3.18%.

Yield on Advances increased to 8.75% in Q4FY24 as against 8.47% in Q4FY23. 

Cost of Deposits increased to 5.06% in Q4FY24 as against 4.43% in Q4FY23.

Operating Income for Q4FY24 stands at INR 15,984 crore. Operating Income for FY24 stands at INR 59,217 crore registering a growth of 15.3%.

Operating Profit for Q4FY24 stands at INR 8,106 crore and Operating Profit for FY24 increased by 15.3% to INR 30,965 crore.

Cost to Income ratio stands at 49.29% for Q4FY24.

Return on Assets (annualised) sequentially improved by 5 bps and stands at 1.25% for Q4FY24. It stands at 1.17% for FY24 higher by 14 bps YoY.

Return on Equity (annualised) for Q4FY24 stands at 20.83%. RoE increased by 61 bps YoY to 18.95% for FY24

For the consolidated entity, Net Profit stood at INR 18,767 crore in FY24 as against INR 14,905 crore in FY23.

Asset Quality

The Gross NPA of the Bank reduced by 13.4% YoY to INR 31,834 crore in Q4FY24 and Gross NPA Ratio improved to 2.92% in Q4FY24 from 3.79% in Q4FY23.

The Net NPA Ratio of the Bank stands at 0.68% in Q4FY24 as compared with 0.89% in Q4FY23.

The Provision Coverage Ratio of the Bank stood at 93.30% including TWO and 77.34% excluding TWO in Q4FY24.

Slippage ratio declined to 0.99% for FY24 as against 1.07% in FY23. Slippage ratio for the quarter stands at 1.12%.

Credit cost stands at 0.57% for Q4FY24 and 0.67% for FY24.

Capital Adequacy

CRAR of the Bank stands at 16.31% in Mar’24. Tier-I stood at 14.07% (CET-1 at 12.54%, AT1 at 1.53%) and Tier-II stood at 2.24% as of Mar’24.

The CRAR and CET-1 of consolidated entity stands at 16.68% and 13.02% respectively

The Liquidity Coverage Ratio (LCR) consolidated stands at 120.6%.

Business Performance

Global Advances of the Bank increased to INR 10,90,506 crore, +12.5% YoY.

Domestic Advances of the Bank increased to INR 8,98,116 crore, +12.9% YoY.

Global Deposits increased by 10.2% YoY to INR 13,26,958 crore.

Domestic Deposits increased by 7.7% YoY to INR 11,28,514 crore in Mar’24.

Domestic CASA deposits registered a growth of 5.4% YoY and stands at INR 4,66,401 crore as of 31st March 2024.

International Deposits grew by 27% on a YoY basis to INR 1,98,444 crore in Mar’24.

Organic Retail Advances grew by 20.7%, led by strong growth across segments such as Auto Loan (23.8%), Home Loan (14.1%), Personal Loan (51.6%), Mortgage Loan (11.4%), Education Loan (19.6%) on a YoY basis.

Agriculture loan portfolio grew by 11.6% YoY to INR 1,38,640 crore.

Total Gold loan portfolio (including retail and agri.) stands at INR 47,472 crore, registering a growth of 24.1% on a YoY basis.

Organic MSME portfolio grew by 10.4% YoY to INR 1,19,415 crore.

Corporate advances registered a growth of 11.6% YoY and stands at INR 3,79,747 crore.

Renault India Has Announced "Nationwide Renault Summer Camp"

* A week-long initiative ‘Renault Summer Camp’ will be conducted across all Renault Service facilities across India from May 13th to May 20th, 2024

* Along with comprehensive vehicle inspections, special offers on parts and accessories as well as complimentary gifts, several customer interaction events are planned

With an objective to continue its commitment to enhance customer satisfaction, Renault India, has announced the commencement of a nationwide after-sales service initiative, 'Renault Summer Camp'. The service camp will be conducted across all Renault Service facilities across India from May 13 – May 20, 2024.

The optimal performance of the cars is the main goal of organizing the service camp. The vehicles would receive expert attention from trained and skilled technicians. According to the regulations set forth by Renault India, the Summer camp will provide rigorous car check-up, including a free car top wash, for Renault owners. Additionally, this will allow a close evaluation of all the car's critical components. Such routine inspections guarantee all required measures for improved vehicle performance and give customers a satisfying ownership experience.

As part of the Renault Summer Camp, Renault India customers can avail minimum 15% attractive discount offers on select parts & accessories, 10% discount on engine oil replacement ,15% on labor charges, Special offers on AC servicing. Renault India will also provide 10% discount on Extended Warranty and 10% discount on Road-Side Assistance Retail Program.

Currently, Renault India has a widespread presence of 400+ sales and 430+ service touchpoints across the country with benchmark sales and service quality.

In addition to the comprehensive car check-up facilities several fun-filled activities will be organized for customers with assured gifts, making it an exciting and cherishing experience for the customers. All these novel after-sales, initiatives of Renault are testimonies of providing utmost customer satisfaction.

Renault has undertaken many first-of-its-kind after-sales and customer centric initiatives to offer a seamless brand ownership experience to its customers. These include – Renault SECURE, Renault ASSIST, Renault EASY CARE, Workshop on Wheels (WoW), MY Renault App and regular customer service camps. In a decade of its presence in India, Renault has made significant progress which includes a state-of-the-art manufacturing facility, a world-class technology centre, logistics and design centre in India. This strong foundation backed by its unique product strategy and pioneering customer satisfaction initiatives have been instrumental for Renault’s successful journey in India.

RAK Ceramics Unveils Cutting-Edge, 8500-Square-feet Experience Centre In Bengaluru

RAK Ceramics, a global leader in ceramics, has unveiled its cutting-edge, spacious 8500-square-feet Experience Centre in Bengaluru, which makes it one of the biggest spaces in Karnataka. This unique space, inaugurated by Anil K Beejawat, CEO of RAK Ceramics India, is not just a showroom but a hub of innovation and inspiration. It redefines how customers interact with premium design solutions, offering a truly immersive experience.

The Experience Centre is a complete tile lifestyle center and a testament to RAK Ceramics' unwavering commitment to innovation and quality craftsmanship. It follows the aesthetic look and guidelines of international standards and proudly showcases RAK's flagship offering, Luce, a translucent tile masterpiece meticulously crafted using unique and high-quality clays and feldspars. Its exceptional features, including a pure white body and advanced ink development, set it apart in the market.

Spanning an impressive 8500 square feet, the Experience Centre in Bangalore's prime locality offers visitors proper parking facilities and a comprehensive journey through RAK Ceramics' extensive product range. The showroom showcases the brand's offerings, from Barefoot tiles to Sanitary ware, an extensive product range of SUT tiles (Super utility tiles), faucets, and kitchen sinks. It also features a display center for German-made KLUDI and UAE-made KLUDI RAK products, enhancing the customer experience with world-class fittings.

Speaking about this, Anil K Beejawat, CEO of RAK Ceramics India, said, “With this one-of-a-kind Experience Centre in Bengaluru, we are showcasing products and inviting customers into a world of innovation and inspiration. At RAK Ceramics, we believe in pushing boundaries, and this Centre is a testament to our commitment to revolutionizing interior design. We look forward to welcoming visitors and empowering them to realize their design dreams."

RAK Ceramics' rich legacy of excellence extends beyond its products to its involvement in prestigious projects across India and beyond. The brand’s recent endeavors include the Ayodhya project's pilgrim facility, further solidifying the brand's reputation for quality and reliability. From iconic landmarks like the Kashi Vishwanath temple complex to vital infrastructure such as airports and educational institutions, RAK Ceramics has been a trusted partner in shaping India's landscape.

With cutting-edge manufacturing facilities in Samalkot, Andhra Pradesh, and joint venture plants in Morbi, Gujarat, RAK Ceramics is poised for continued growth and innovation. The company's global footprint encompasses renowned projects such as Wembley Stadium, Atlantis—The Palm, and the Burj Khalifa, underscoring its status as one of the largest ceramic brands worldwide.

Looking ahead, RAK Ceramics remains steadfast in its commitment to delivering excellence and forging new partnerships that redefine interior design standards and architectural innovation. Our unwavering dedication to quality and innovation is what sets us apart in the industry.

IISc, In Partnership With Lam Research, Successfully Concludes Pilot To Upskill Engineers In Semiconductor Fabrication Technology

* Validates the use case for SemiverseTM Solutions as a viable tool to upskill Indian semiconductor manufacturing workforce ahead of national rollout.

The Indian Institute of Science (IISc) today announced the successful conclusion of its pilot to upskill engineers in semiconductor fabrication technology. Announced in partnership with Lam Research, during Prime Minister Narendra Modi’s state visit to Washington D.C. in July 2023, the pilot incorporated Lam’s Semiverse Solutions™ portfolio to train 32 MTech and PhD students at IISc’s Center for Nano Science and Engineering (CeNSE).

Three students from the cohort, run along with Lam Research, have been offered placements at leading global semiconductor manufacturing companies. Last year, IISc partnered with Lam Research to develop a customized course offering for Indian universities utilizing Lam’s Semiverse Solutions virtual fabrication software. After the successful pilot, IISc and Lam Research have signed an MoU with the India Semiconductor Mission to scale the program nationally. The plan is to upskill a targeted 60,000 engineers over the next 10 years via the broad rollout of Semiverse Solutions.

“With three of the pilot’s participants already placed in a global tier-1 semiconductor manufacturing companies, we are confident about the broad rollout of the course and its impact,” said Professor Srinivasan Raghavan, Chair of the Centre for Nano Science and Engineering at IISc.

As part of the pilot, students got a chance to train on SEMulator3D®, a powerful 3D semiconductor process and integration modelling software that is part of the Semiverse Solutions platform. The program is used by the world’s largest semiconductor companies, manufacturers, and foundries to model complete process flows and predict downstream ramifications of process changes that would otherwise require build-and-test cycles in the fab. Using SEMulator3D® helped students learn to develop process flows and perform automated virtual experiments not feasible in the actual fabs at significantly lower cost, and environmental impact.

"A successful pilot lays the foundation for further expansion of the Semiverse™ learning platform across the country. We believe in the democratization of specialized semiconductor knowledge and are excited to support the scaling of the semiconductor industry in India," stated Rangesh Raghavan, Corporate Vice President and General Manager at Lam Research India.

Lam India has been a part of CeNSE’s Industry Affiliate Program (IAP) since 2014 and is continuously engaging with the centre to collaborate on multiple innovative projects to advance the state of semiconductor technologies.

About CeNSE

The Centre for Nano Science and Engineering (CeNSE) focuses on interdisciplinary research and education in the broad area of nano-scale science and technology, covering topics such as nanoelectronics, devices, materials, micro- and nanoelectromechanical systems, bio- and nanophotonics, bio-electronic interfaces and integrated small-scale systems. In addition to the research programs of the core faculty, the Centre runs an interdisciplinary research and training program involving more than 50 faculty members from various departments of engineering and basic science at the Indian Institute of Science (IISc). The Centre has state-of-the-art nanofabrication and characterization facilities to enable the development of cutting-edge nanoscale technologies for various applications.

About The Indian Institute of Science

IISc, ranked No:1 in the National Institutional Ranking Framework (NIRF), was founded in 1909 as a result of the joint efforts of Jamsetji Nusserwanji Tata, the Government of India, and the Maharaja of Mysore. Over the 105 years since its establishment, IISc has become the premier institute for advanced scientific and technological research and education in India. Beginning with 2 departments and 21 students in 1911, today IISc has over 40 departments, units, or centres, 3500 students, and about 500 academic and scientific staff, supported by 600 administrative personnel. Out of this population of students, about 2200 are in various PhD programs, almost 900 are enrolled for various Masters degrees, whereas about 400 are registered in the newly established, research oriented, four-year Bachelor of Science (Research) programme, of which the first batch graduated in 2015.

About Lam Research

Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam's equipment and services allow customers to build smaller and better performing devices. In fact, today nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam

Research (Nasdaq: LRCX) is a FORTUNE 500® company headquartered in Fremont, Calif., with operations around the globe. Learn more at www.lamresearch.com.

IndiaSkills Competition: A Gateway For Promising Career For Karnataka Winner In New-Age Skills

Mustakkhan Bijapur, hailing from Karnataka, has always harbored a dream to revolutionize the way products are designed and manufactured. His zeal to make a tangible impact on technology industry led him to join a vocational training centre in 2019, where he undertook training in mechatronics after completing high school.

While pursuing the training, he learnt about IndiaSkills 2024 - a prestigious pan-India competition organized by National Skill Development Corporation (NSDC), under the aegis of Ministry of Skill Development and Entrepreneurship (MSDE). For him, it was the perfect opportunity to showcase the years of learning he had invested to his craft and represent India on a world stage. He registered for competition on the "Skill India Digital Hub" (SIDH) Portal.

Despite the scarcity of resources, Mustakkhan honed his craft with the tools at hand, a testament to his resourcefulness. These formative years became the loom upon which his character was woven. He possesses an extraordinary ability to extract brilliance from every opportunity that crosses his path.

Determined to prove his mettle, he started training harder for the competition. The training enriched his understanding of the technical competencies such as Node-RED programming, PLC programming, Festo MPS kit programming, networking, and OPC/UA software. He used to do regular training of 8 hours per day through boot camps that provided insights on how these technologies are used in real-world industrial applications.

Putting in all efforts, he bagged the first position in the Industry 4.0 competition at state level which opens the avenues for him to participate on national and international competitions.

The competition took place at Festo India pvt Ltd Bangalore from 4th to 6th March. Around 50 candidates have qualified for IndiaSkills from the state alone. Furthermore, the skills he acquired through the competition played a crucial role in securing a job at Tonbo Imaging India Pvt Ltd, Bangalore.

This year, the competition has seen a significant increase in participation, with representatives from 30 states and union territories competing across 61 skills. This is a notable increase from the previous year, where participants from 26 states and union territories competed across 54 skills in 2021. It indicates a boost in India’s ranking in WorldSkills, enhanced recognition of the country's talent pool on a global scale and improve employment prospects for youth.

Events like IndiaSkills play a pivotal role in shaping the careers of budding professionals, providing them a platform to exhibit their perfected skills. Moreover, these championships foster collaboration among governments, industries, and academia, bridging the skill gap and preparing youth for the dynamic job market.

Vision Of Information Technology Leaders' On National Technology Day

From the country that fed the world computing and managerial talents to becoming a self-contained fountainhead of digital transformation, Sify mirrors India in the second part of this evolution cycle. Having started life as evangelist and enabler of bringing Indians online, Sify has metamorphosed into a partner role. With its bedrock network and data center strengths and highly customizable digital portfolio, "Sify offers a single pane of convergence for the prospective CXO to pick and evaluate appropriately and cost effectively. All through these decades of growth, Sify generously benefitted from the quantum leaps that technology transitioned in the country while strengthening its own ranks with the best of talents from multiple domains," says Praveen Krishna, Head of Corporate Communications and Investor Relations at Sify Technologies.

As a country, we stand poised on becoming the fastest growing digital economy in the world. Looking back, Sify is proud to have kickstarted that evolution in our own way.

* Spokesperson: Narasimha Kamath, Executive Vice President, R&D, o9 Solutions

"Innovation lies at the heart of progress, driving companies forward and shaping the future of industries. At o9, an AI-powered planning and decision-making software company, staying at the forefront of innovation is not just a choice for us but a necessity to continuously deliver value to our customers. New Technology Day reminds us of innovation's pivotal role in our society, particularly for the youth.

Many initiatives, like our annual hackathon, stand as a testament to the power of innovation. It's a platform where bright minds converge, fueled by creativity and technology, to solve real-world challenges. Through this event, we witness the transformative potential of technology in the hands of young innovators. Seeing how their fresh perspectives and inventive solutions push the boundaries of what's possible is inspiring. Another example to showcase innovation is events like o9's Involve event, where academics, leaders of businesses, and practitioners come together to discuss the latest trends to drive future innovation and create sustainable impacts on the world. Events like that are essential to inspire and assimilate knowledge to apply in your day-to-day professional lives and meaningfully contribute to the advancement of technology. 

* Spokesperson: Raj Radhakrishan, CEO of Ciklum

The continued advancement of technology and the ongoing acceleration of innovation has propelled us firmly into the age of Experience Engineering: a time where the convergence of product engineering, customer experience, and artificial intelligence is transforming the way people work and live, like never before.

At Ciklum, we believe technology isn't simply a tool—it's a driving force revolutionizing business models, reshaping industries, and unlocking endless opportunities for innovation and growth. Technology enables us to optimize our business workflows, to enhance our employee experiences, to create greater efficiencies in our production, to unlock untapped creativity, and so much more.

In the Experience Engineering era, the winningest businesses will be the most people-centric ones.  Businesses that discover how to harness technology and proactively channel it to create more delightful environments for people to work, live and achieve.

As leaders in this industry, we share a responsibility for creating a culture that fosters our employees to dream big and think bigger.  To be the drivers of technology’s future.  To engineer experiences that extend human capability and capacity like never before.

To conceive innovative ideas that no one saw coming, but later wonder how they ever lived without.”

* Spokesperson: AJ Sunder, CIO & CPO, Responsive

“Innovation today is not just progressing; it's accelerating at an unprecedented pace, driven largely by young, agile minds in dynamic startups. These individuals are not just participants but are at the forefront, challenging entrenched industry norms and large organizations. With technology evolving daily and access to information more accessible than ever, coupled with breakthroughs in artificial intelligence, the new generation holds a remarkable power to advance society. Aspiring entrepreneurs have the opportunity to harness the raw potential of new ideas to transform industries and drive progress in ways we've only imagined. It's a pivotal time, where small teams with big ideas can truly change the course of history.”

* Spokesperson: Priyank Kapadia, Product and Technology Partner at Bounteous x Accolite.

“As we celebrate National Technology Day, we're right on the edge of a new frontier in tech. Think groundbreaking developments in AI, Internet of Things, cloud computing, and mobile tech that are setting the stage for tomorrow. It's more important than ever to spark a passion for innovation and entrepreneurship in our young folks. Getting them involved early with our ever-evolving tech scene helps them tap into its vast potential and come up with solid, innovative business ideas.

Across the board, educational institutions are linking arms with the tech industry through guest lectures and interactive tech sessions. We at Bounteous x Accolite, are scaling it bigger. Our Campus Connect initiative and collaborations with universities aren't just about exposure, they're about immersion. We're giving up-and-coming talent real-world problems to solve in our co-innovation labs, and believe me, they are just getting warmed up.

Think about it, today's kids have the advantage of being connected online through blazing-fast internet. With high exposure and potential, they just await the nudge to convert this into innovative tech supported solutions which have a high societal impact. That’s our cue to step in. We're here to throw open the doors to a playground of high-tech tools, use-cases from data science to the latest in AI. By challenging them with real-world problems and linking them up with industry pros who have been in the trenches, we're not just encouraging them to think differently, but also work collaboratively just as a start-up would, to ignite bold, unconventional thinking - daring them to develop solutions that reshape our world.

So, this National Technology Day, let's all lean in. Let's equip the next wave of innovators with the tech they need and let them run wild with it. The sooner they engage, the swifter their impact through innovative entrepreneurship that uplifts industries and communities. Together, we are not just watching the future happen, we're shaping it, and trust me, it's going to be mind-blowing.”

* Spokesperson: Chaitanya Chokkareddy, co-founder and chief technology officer at Ozonetel Communications

Empowering Young Minds: Ozonetel's Commitment to AI for Everyone Through Storytelling this National Technology Day

“National Technology Day celebrates the transformative power of technology. This year's theme, "From Schools to Startups," perfectly captures its role in igniting innovation within young minds. Integrating AI into education can empower students to transcend passive learning, fostering proactive problem-solving and critical thinking skills.

We at Ozonetel believe in 'AI for Everyone' through Storytelling. Ozonetel’s recent partnership with Swecha (NGO) engaged 10,000 students in digitizing Telugu folk tales, resulting in the first-ever Telugu language storytelling application. This project not only preserved cultural heritage but also provided students with valuable hands-on AI development experience. Building on this success, our "Summer of AI" internship program empowers 100,000 students to collaborate on building a comprehensive Telugu Language Model (LLM). This program fosters exploration of AI and development of Text-to-Speech models.

Engaging students in real-world projects equips them with the skills to become future-ready entrepreneurs and tech leaders who will contribute significantly to the AI-driven workforce. By embracing AI on National Technology Day, we empower young minds to become passionate innovators, shaping the future of technology itself.”

* Spokesperson: Srividhya Deshpande, Global Talent Lead, Egen

At Egen, fostering innovation among the next generation of tech leaders is at the core of our mission. A recent NASSCOM report estimates that, of the 3 million joining the IT workforce, only 25% of graduates with engineering background are employable. Therefore it becomes critical to address the gap between skills needed for high-quality technology jobs and work readiness of graduates. 

Our commitment to Igniting Young Minds to Innovate extends far beyond our own team. This is also exemplified through our recent endeavors. Collaborating with the Society for Cyberabad Security Council (SCSC), we have embarked on a journey to mentor 127 bright young minds from grades 9 to Intermediate 1st year. As panel members and mentors, we are guiding these students toward a future rich with technological innovation.

Furthermore, on International Women's Day, we partnered with the United Way of Hyderabad to empower women in technology at Telangana Mahila Viswavidyalayam. Engaging with 100 female students, our volunteers shared insights into technology projects, career pathways, and resume enhancement strategies, thereby paving the way for gender inclusivity in the tech industry.

Mother’s Day Becomes More Special With Samsung Fab Grab Fest; Choose The Best Tech Gift For Your Mother

This Mother’s Day let's celebrate the remarkable women who hold a special place in our hearts—our mothers. This day is most appropriate to express our deepest love and gratitude for the unshakable support, and the invaluable presence they extend into our lives. Selecting the perfect gift is an art, and we're here to make your quest for something special and unique for mothers easier. Whether you're seeking to streamline her daily routine or indulge her tech-savvy side, the Fab Grab Fest 2024 presents a multitude of options. Here's a guide to some of the top offerings:

Galaxy S24 Ultra devices in Titanium Blue, Titanium Green and Titanium Orange. S Pen leans against Galaxy S24 Ultra in Titanium Orange.Two Galaxy Z Flip5 devices are slightly unfolded and seen from the Flex Window. One shows a selfie. The second shows a Media controller with playback controls and a progress bar.

Smartphones:

In an age where staying connected is paramount, a smartphone becomes more than just a gadget; it's a lifeline to the ones we love. Whether it's capturing cherished moments, staying organized, or simply keeping in touch, smartphones form an integral part of our lives. Fab Grab offers Up to 64% off on various smartphone ranges.

·       Samsung Galaxy S24 Ultra: Delve into the realm of connectivity and innovation with the Samsung Galaxy S24 Ultra. it's a gateway to staying connected with loved ones and capturing precious moments effortlessly.

Link: https://www.samsung.com/in/smartphones/galaxy-s24-ultra/

·       Galaxy Z Flip5: For the trendsetting mom who appreciates elegance and functionality, the Galaxy Z Flip5 is a masterpiece of design and utility. Its sleek foldable display offers a unique blend of style and practicality, making it a standout choice.

Link: https://www.samsung.com/in/smartphones/galaxy-z-flip5/

Galaxy Tab S9, S9+ and S9 Ultra are lined up next to each other in Portrait mode with a colorful wave wallpaper on all screens. Splashes of water are surrounding the three devices and an S Pen is pointed at the screen of Galaxy Tab S9.Five Galaxy Watch6 can be seen in a diagonal line. All five are showing different watch faces with different watch bands attached.A pair of black earbuds

Wearables & Tabs:

Beyond the realm of smartphones, Fab Grab offers a range of wearables and tabs designed to complement your mother's lifestyle with up to 77% off.

Galaxy Tab S9 Series: Elevate her productivity and entertainment experience with this Series. These tablets redefine versatility, offering immersive visuals and seamless multitasking capabilities for both work and leisure.

Link: https://www.samsung.com/in/tablets/galaxy-tab-s/galaxy-tab-s9-plus-wi-fi-graphite-256gb-sm-x810nzaainu/

·       Galaxy Watch6 Series: Help her stay on top of her health and schedule with the Galaxy Watch Series. With its sophisticated design and advanced health tracking features, it's more than just a timepiece; it's a companion in her wellness journey.

Link: https://www.samsung.com/in/watches/galaxy-watch/galaxy-watch6-40mm-gold-bluetooth-sm-r930nzeains/

·       Galaxy Buds2 Pro: Give her an ultimate audio experience with the Galaxy Buds2 Pro. With crystal-clear sound and comfortable fit, these wireless earbuds are perfect for an enjoyable music experience.

Link: https://www.samsung.com/in/audio-sound/galaxy-buds/galaxy-buds2-pro-graphite-sm-r510nzaainu/

Digital Appliances:

Acknowledging the importance of culinary adventures, Fab Grab offers up to 48% off on digital appliances that redefine convenience and efficiency.

·       32L, Masala & SunDry™, and Convection Microwave Oven: Elevate her culinary experience with the 32L Convection Microwave Oven. Featuring Masala & SunDry™ technology, it's designed to cater to her diverse cooking needs while preserving the flavours of her signature dishes.

Link: https://www.samsung.com/in/microwave-ovens/convection/32l-slimfry-convection-microwave-oven-mc32k7056ch-tl/

·       8.0 kg EcoBubble™ Front loading Washing Machine: Transform her laundry routine with the 8.0 kg EcoBubble™ Front loading Washing Machine. Engineered for efficiency and gentleness on fabrics, it ensures her clothes emerge clean and fresh every time, making laundry fun and absolutely simplified.

Link: https://www.samsung.com/in/washers-and-dryers/washing-machines/ww5000t-front-loading-eco-bubble-hygiene-steam-dit-8kg-black-ww80ta046ab1tl/

These offerings are more than mere products; they are a gesture of appreciation and love, for someone who enriches our lives in ways more than one. Let your gift speak volumes, echoing the sentiment of gratitude and admiration for the remarkable woman who has shaped your world.