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NueGo’s E-K2K Electric Bus Sets Records in Asia and India

Dec 26, 2024 by Biswaranjan Jena 0 Comments #Devndra Chawla, #Mumbai, #NueGo

Mumbai, December 26, 2024: NueGo, India’s largest intercity electric bus service from GreenCell Mobility, was recognized by the ‘Asia Book of Records’ and ‘India Book of Records’ for setting the record of Maximum Distance Covered by an Electric Bus in a single expedition from Kashmir to Kanyakumari. This achievement highlighted NueGo’s commitment to sustainable mass mobility solutions, demonstrating viability of electric buses across India while showcasing their environmental benefits. Asia Book of Records and India Book of Records adjudicator Kashmira Shah presented the record citations and medals to Mr. Devndra Chawla, MD & CEO, GreenCell Mobility.

NueGo commenced the Kashmir to Kanyakumari (E-K2K) Electric bus expedition on 4th October from Jammu and ended in Kanyakumari on 18th October. Covering 4,039 emission free kms across 200+ cities & towns, from 3,500 ft to sea level, NueGo’s electric bus spread the message of eco-friendly travel across the country. Along the route, the E-K2K bus conducted various community outreach programs, including student workshops, tree plantation, street plays, etc. Beyond completing a technological milestone, the journey represented India’s progress towards environmentally friendly mass mobility alternatives.

Mr. Devndra Chawla, CEO & MD, GreenCell Mobility stated, “NueGo’s E-K2K (Kashmir to Kanyakumari) journey marks a significant milestone in showcasing the transformative potential of electric buses for mass mobility and a sustainable future. Spanning over 200 cities and towns, this record-breaking journey raised awareness about cleaner, greener modes of travel through impactful community engagement initiatives, truly embodying the spirit of the ‘E-bus that does good’. We are deeply honored to have our efforts recognized with felicitations from the Asia Book of Records and the India Book of Records”

NueGo E-K2K expedition witnessed inaugurations by several distinguished dignitaries across different phases, showcasing nationwide support for electric mass mobility. Shri Nitin Gadkari, Hon’ble Minister of Road Transport and Highways of India, inaugurated the western leg in Nagpur, commending NueGo’s efforts in advancing electric transport. Dr. Devansh Yadav, CEO of Jammu Smart City, began the journey from Jammu, underscoring the role of electric mobility in modern urban ecosystems. The official flag-off from Delhi NCR was led by Sudhendu J. Sinha, Advisor, NITI Aayog, along with Dr. Sanjeev K. Lohia, Senior Advisor, The World Bank; Abhijeet Sinha, Project Director, NHEV; and Amit Bhatt, MD, ICCT India, marking the beginning of the northern leg.

In Bhopal, Shri Sanjay Singh and DSP Pramod Dube of the Bhopal Traffic Police flagged off the central leg of the journey, emphasizing the importance of sustainable transit for urban resilience. Further south, Shri Gopalakrishna VC, Director of Automotive and EV, Government of Telangana, inaugurated the Hyderabad phase, reflecting the region’s commitment to electric transportation. The Bengaluru phase was officiated by Shri Jagadeesh, Deputy Superintendent of Police, Nelamangala, Bangalore, joined by Mr. Manjunath, Commissioner, City Municipal Corporation, highlighting the synergy between public safety and sustainable travel. Shri Vijay Vasanth, Hon’ble Member of Parliament, officially flagged in the NueGo E-K2K Bus Expedition in coastal town of Kanyakumari, marking the end of an extraordinary expedition that began in the picturesque Kashmir Valley and traversed diverse terrains to promote the message of green mobility.

NueGo E-K2K journey additionally provided opportunities for community engagement in major cities including Delhi, Jaipur, Bhopal, Hyderabad, Bengaluru, and Kanyakumari. The team organized sustainability workshops, tree planting initiatives and street plays to raise awareness of the advantages of electric vehicles, highlighting their role as a catalyst for environmental awareness. Celebration with the Brave Souls of Indian Army, Fun and Interactive Road Safety Training Session, Medical Health Check-Up Camp, Delightful skit honoring the cultural richness and workshop on Sustainability & EVs at Maharani Gayatri Devi School, Ponjesly Engineering College, etc were some of the other major highlights of the voyage.

Key Milestones: –
 Saved about 3,900 kgs of CO2 emissions
 Tree plantation drives conducted in Delhi, Bhopal, Hyderabad, Bengaluru, Kanyakumari
 500+ tress were planted showcasing the expedition’s green footprint
 Journey completed in 14 days
 Shoonya, Transportation Growth Initiative, Basera Samajik Sansthan the NGOs that partnered for environmental and community engagements

Education

Oxford International Education Services Partners with AngelXpress for Christmas Joy

Dec 24, 2024 by Biswaranjan Jena 0 Comments #Mohit Gambir, #Mumbai, #OIES

Mumbai, December 24th, 2024 – In a heartwarming initiative aimed at fostering education and overall development among children from low-income families, Oxford International Education Services (OIES), a leading education services provider supporting universities worldwide to strengthen and scale up international student acquisitions collaborated with the NGO- AngelXpress Foundation to distribute food and stationery kits to 420 children at four centers across Mumbai — Mulund, Andheri, and Colaba, Malad. This thoughtful initiative is part of OIES’s larger commitment to organizing similar events aimed at uplifting underprivileged communities, aligning with its vision of fostering an equitable and inclusive society.

The distribution drive saw OIES team members actively engaging with the children, spending the day sharing stories, offering encouragement, and inspiring them to dream big. The kits, filled with essential stationery and nutritious food, were curated to meet the children’s immediate needs while supporting their ongoing educational journey.

Mr. Mohit Gambir, Managing Director, Oxford International Education Services, said “Christmas is a time of hope, giving, and togetherness, and we wanted to make it special for these children by supporting their education and well-being. At OIES, we believe that education is the cornerstone of a better future. Partnering with AngelXpress Foundation allows us to extend our mission beyond classrooms and empower young minds who represent the future of our society.This initiative helped us to share the joy and reinforce the message that their dreams matter, and we are here to support them in achieving those dreams.”

business

SOUKYA Expands Globally with Major Investment in Portugal

Dec 24, 2024 by Biswaranjan Jena 0 Comments #Isaac Mathai, #Mumbai, #SOUKYA International Holistic Health Center

Monday, 24th December 2024, Mumbai: SOUKYA, India’s first NABH-accredited AYUSH hospital and the visionary creation of renowned holistic health specialist Dr. Isaac Mathai, is set to embark on its first global expansion since its inception in 2002. Addressing the growing global demand for integrative medicine, SOUKYA will establish its first international unit in Portugal with an investment of INR 220 Cr. The state-of-the-art residential medical institute, expected to be operational by late 2027, will offer its unique treatment approach combining traditional, time-tested natural systems of medicine such as Ayurveda, Homeopathy, Yoga, Naturopathy, and other complementary therapies for treating various chronic and lifestyle conditions.
Spread across 150 acres, the SOUKYA International Holistic Health Centre in Portugal will redefine holistic wellness with 40 exquisitely designed rooms, villas and suites along with a dedicated yoga hall creating a sanctuary where mind, body, and spirit harmoniously align. The centre will feature its own herb and vegetable garden, ensuring the freshest and most potent ingredients for treatments and meals. Designed by Dr. Suja Issac, Co-Founder and Executive Director of SOUKYA the architecture and landscape blends Portuguese and Indian influences. Located just 45 minutes from the Lisbon airport, the centre will be easily accessible for patients across Europe. Equipped to address a wide spectrum of rare and chronic illnesses, including cancer rehabilitation, addiction, lifestyle and metabolic disorders, paediatric developmental challenges, mental health conditions, reproductive and gastrointestinal disorders, and autoimmune diseases, the centre builds on SOUKYA’s proven success in treating advanced conditions such as liver cirrhosis, dermatitis, lupus nephritis, lung fibrosis, multiple sclerosis, Crohn’s disease amongst others. This holistic approach promises transformative healing in a serene, nature-immersed environment.

Speaking about the launch, Dr. Isaac Mathai, Founder Chairman & Medical Director, SOUKYA International Holistic Health Center, said “Over the years, SOUKYA has become synonymous with being the world’s premier integrative health destination, trusted by global dignitaries, industrialists, celebrities, and leaders. As awareness of preventive and integrative healthcare continues to grow, we felt this was the ideal time to establish our first health destination outside India, catering to our American and European clientele. Portugal emerged as the perfect choice, given the government’s commitment to prioritizing health and wellness. This new centre will be an ultra-premium destination, offering world-class treatments for both chronic and lifestyle conditions. With this stepping stone, our vision is to see SOUKYA expand across the globe, sharing India’s rich healthcare heritage with the world over the next 25–30 years.”

India’s AYUSH sector has experienced substantial growth in recent years. As reported by IBEF, the AYUSH services sector is estimated to be valued at $26 billion by 2024, bringing the total industry valuation to over $ 50 billion. Additionally, the manufacturing segment of the AYUSH industry grew significantly, reaching $18 billion in 2020 and is projected to hit $24 billion by 2024.

“With the growing awareness of integrative medicine, we aim to strategically position SOUKYA in India to cater to high-net-worth individuals within the domestic market and across select Asian countries. Our Portugal centre will serve a significant portion of our existing patient base while also attracting new clientele.” added Dr. Isaac Mathai

With growing awareness of AYUSH treatment methodology, health and wellness tourism in India is experiencing a remarkable growth, emerging as a major draw for both domestic and international travellers seeking holistic treatment and well-being. According to industry reports, the market potential for wellness tourism in India is substantial and projected to reach $26.55 billion by 2029, highlighting a strong upward trajectory. Launch of SOUKYA in Portugal is just a stepping-stone to take holistic healthcare ideology to many more patients. At SOUKYA, healing transcends mere treatment—it is a transformative journey toward enduring health, vitality, and balance.

business

Arcil Launches CSR Projects in Dahanu for Sanitation and Solar Access

Dec 24, 2024 by Biswaranjan Jena 0 Comments #Arcil, #Mumbai, #Pallav Mohapatra

Arcil

Mumbai, Maharashtra – December 24, 2024– Asset Reconstruction Company (India) Ltd. (Arcil) has inaugurated two transformative projects aimed at improving educational infrastructure in rural government schools in Dahanu taluka of Palghar district. These CSR initiatives, executed in collaboration with two NGOs – Kokan Kala Va Shikshan Vikas Sanstha and Santhwana Trust, with a focus on enhancing sanitation facilities and providing solar energy solutions to local schools respectively.

The first project targets the Savate Zilla Parishad School, which currently serves 343 students, including 185 boys and 158 girls. The school had faced considerable challenges due to inadequate sanitation facilities. This lack of proper hygiene facilities has raised serious health concerns and hindered students’ comfort and attendance. The renovated and newly constructed toilet facilities are designed to significantly improve health and hygiene standards, thereby fostering better attendance rates and enhancing the overall student experience. The facilities will additionally provide much-needed privacy and hygiene for female students, addressing significant barriers that have historically affected their attendance. Furthermore, the project includes provision for menstrual hygiene management through the installation of sanitary napkin vending machine.

In addition to improving sanitation, Arcil has supported the installation of solar energy systems at five Zilla Parishad schools in the Dahanu region. This CSR initiative aims to provide reliable electricity, enabling access to better educational resources and technology for students. By harnessing solar power, these schools can reduce their reliance on conventional energy sources, promoting environmental sustainability within the community. The integration of solar energy is expected to enhance learning environments by powering essential equipment such as computers, fans, and lighting.

Mr. Pallav Mohapatra, CEO and MD, Arcil, emphasized the importance of these initiatives during the inauguration ceremony. He stated, “Investing in education and infrastructure is crucial for empowering our youth and building resilient communities. By improving sanitation facilities and providing sustainable energy solutions, we are not just enhancing the learning environment but also investing in the future of these children.”

The projects are not only about infrastructure development; they also aim to foster community engagement for long-term sustainability. Kokan Kala Va Shikshan Vikas Sanstha has been instrumental in ensuring that local communities are involved in maintaining and managing the new facilities. This approach has promoted a sense of ownership among community members, encouraging them to take an active role in supporting their children’s education.

The impact of these projects extends beyond immediate improvements in sanitation and energy access; they contribute to broader Sustainable Development Goals (SDGs) by promoting quality education, gender equality, and good health and well-being within the community. By focusing on education in rural areas, Arcil aims to empower individuals while contributing to economic growth and social progress.

business

Pfaudler GmbH Expands Operations with New Manufacturing Facility in Poland

Dec 23, 2024 by Biswaranjan Jena 0 Comments #Mr. Thomas Kehl, #Mumbai

Mumbai, December 23, 2024: GMM Pfaudler Limited through its subsidiary Pfaudler GmbH, Germany, has entered into an Investment and Shareholders’ Agreement on December 20, 2024, to acquire 51% stake of a limited liability company in Poland.
· This acquisition aims to establish a manufacturing and engineering facility in Poland, enhancing global manufacturing capabilities and competitiveness.

· The acquired entity specializes in the manufacturing of high-quality stainless-steel equipment for the pharmaceutical and food industries.

· Investment of PLN 12.2 million will be made to establish this facility and the transaction will be funded through internal accruals

Management Comment

Mr. Thomas Kehl, CEO International Business said: “This acquisition reflects our continued focus on delivering cost- effective, high-quality solutions for our customers. Establishing this facility in Poland aligns with our vision of strengthening our market presence in Europe and beyond.”

business

EaseMyTrip Launches New Mumbai Office

Dec 2, 2024 by Sujata 0 Comments #EaseMyTrip.com, #Mumbai, #Rikant Pittie

EaseMyTrip

Mumbai, December 2, 2024: EaseMyTrip.com, one of India’s largest online travel tech platforms, today announced the launch of its new office in Mumbai, marking a significant expansion of its presence in India’s financial capital. Located at Skyline Icon in Andheri East, the new facility reinforces EaseMyTrip’s commitment to serving its growing customer base in Western India.

The state-of-the-art office, spanning the entire 4th floor of Skyline Icon, has been strategically designed to enhance the company’s capabilities in corporate travel management, B2B services, MICE operations, and holiday packages. This expansion comes as part of EaseMyTrip’s strategic growth initiative to strengthen its physical presence in key metropolitan markets.

Mr. Rikant Pittie, Co-Founder of EaseMyTrip, said, “We are excited to open doors to our new office in the financial capital of India, Mumbai. Mumbai is a crucial market for our corporate travel and MICE services. This expansion allows us to better serve our growing customer base while reinforcing our position as a leading tech-driven travel solutions provider. The new facility enhances our ability to deliver personalized services backed by our cutting-edge technology and round-the-clock support.”

The new office features modern amenities and advanced technological infrastructure to support EaseMyTrip’s comprehensive range of travel services. The strategic location in Andheri East, close to Mumbai’s international airport and major business districts, positions EaseMyTrip to better serve its corporate clients and travel partners.

With offices in Delhi, Bangalore, and Noida, EaseMyTrip has a strong presence across the country. The brand also has a significant overseas presence with offices (as subsidiary companies) in the Philippines, Singapore, Thailand, the USA, London, New Zealand, and the UAE. The new office in Gurugram is part of its larger vision to expand its footprints and bridge the market gaps with its travel booking services.

news

VitrA Showcases 100% Recycled Washbasins at Design Mumbai 2024

Nov 11, 2024 by Sujata 0 Comments #design, #Mumbai

VitrA India made an unforgettable impression at the recently conducted Design Mumbai exhibition 2024. This event mainly highlighted VitrA’s innovative Recycled Ceramic Washbasins. In addition to the recycled ceramic washbasin, the expressively minimalistic Liquid Series by VitrA in collaboration with Tom Dixon was showcased at Design Mumbai 2024. The Liquid collection’s smooth-edged aesthetic provides a vision for the bathroom of tomorrow – defining a new standard in bathroom products for home, hospitality and commercial spaces.

The Recycled Ceramic Washbasin is the world’s first and only recyclable ceramic washbasin. This concept represents eco-friendly manufacturing, as it is crafted entirely from waste materials that are typically produced during the ceramic sanitaryware production process. Rather than allowing this waste to contribute to the massively expanding environmental pollution, VitrA has found a way to repurpose it into a high-quality, functional product.

This washbasin is made from broken ceramic pieces and waste sludge which are left for disposal. These materials are constructed by grinding broken ceramics into milled scrap and combining it with pulp from wastewater treatment facilities to create fresh sludge. This mixture is then shaped into moulds, dried, fired and glazed to create the final product. This creation is available in matt taupe finish and five distinctive shapes: oval, TV, round, pebble and square. Each basin has a slightly textured surface that enhances both its visual appeal and tactile experience.

This washbasin is designed to withstand high absorption rates and is resistant to deformation, ensuring a long-lasting product. Crafted entirely from waste materials, it saves approximately 5kg of raw materials per product, offering a sustainable solution that reduces the need for raw resources. It’s packaging is also made in an eco-friendly manner which aligns with VitrA’s sustainability goal. This innovative design has accredited VitrA with the high standing “Green Good Design Award”, a result of their unique approach and their role in setting new industry standards.

Mr. Tirthankar Sarkar, Sr. Country Manager, VitrA India stated, “VitrA focuses on promoting products which are made from recycled and waste materials. Through Design Mumbai we have aimed to bring a product which not only has a modish appearance but is safer for the environment as it reduces carbon emissions. This product is suitable for both design aficionados and eco-conscious customers.”

The Recyclable Washbasin stood out at the Design Mumbai event as it not only enhances bathroom aesthetics but also reflects VitrA’s strong commitment to sustainability. This environmentally safe product aligns with modern environmental concerns, supporting a circular economy by reducing waste and minimizing resource consumption.

By reusing ceramic waste, VitrA contributes to conserving natural resources and lowering environmental impact. For those who missed the event, stay connected with VitrA through their website and social media channels for updates on its latest innovations and future exhibitions.

technology

Mphasis Gross Revenue grew 7percent YoY on a reported basis in Q2 FY25

Oct 17, 2024 by Gayathri Pariti 0 Comments #Mphasis, #Mumbai

Mumbai, 17 October 2024: Mphasis Limited, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced its financial results for the quarter ended 30th September 2024.

Quarter ended 30th September 2024

• Gross Revenue grew 3.1% QoQ and 7.0% YoY in Q2 FY25 on a reported basis and grew 2.4% QoQ and 5.4% YoY in Constant Currency.

• Direct revenue grew 3.2% QoQ and 7.9% YoY on a reported basis and grew 2.4% QoQ and 6.2% YoY in Constant Currency.

• New TCV wins of USD 207 million in Q2 FY25 in Direct; of which 88% in new-gen services

• Reported operating margin at 15.4%.

• Net profit grew 4.7% QoQ and 8.0% YoY to ₹ 4,233 million in Q2 FY25.

• EPS grew 4.6% QoQ and 7.7% YoY to ₹ 22.4 in Q2 FY25.

“Despite many ongoing challenges, the macro environment continues to trend in the right direction. We are witnessing increased AI adoption across clients to address enterprise challenges with higher efficiency and accuracy, beyond cost advantage. Savings led transformation TM thesis is core to all our deal archetypes and solutions, thus significantly enhancing service delivery and savings for clients”, said Nitin Rakesh, Chief Executive Officer, and Managing Director, Mphasis.

Deal wins:

· A leading investment management company has selected Mphasis for its experience transformation program. Mphasis along with Kore.AI will be executing on this program and delivering significant savings.

· A leading retirement solutions provider has engaged Mphasis to transform its UK contact centre operations. Mphasis expects to deliver significant operational savings to the client through this program.

· Mphasis has been selected by a leading wireless network operator in the US as part of its renewed focus on cyber security and improving external reporting on cybersecurity posture and business risks. Mphasis’ empanelment and recognition as a key preferred vendor in the customer’s CISO organization puts us squarely in a new area of strategic spending and business criticality for the customer.

· A leading Insurance, Investments, and Retirement Solutions Provider has selected Mphasis to standardize and optimize its application operations, increase service availability and reliability and optimize the cost of operations. Mphasis solutions to help the customer scale up and down as needed while reducing cost and managing risk.

Awards and Recognitions:

· Mphasis recognized with ‘2024 Global DEI GOLD’ certification by Diversio.

· Mphasis recognized as second runner-up at the ‘ASSOCHAM – Best Employer for Women’ in the large category awarded at the 5th Diversity & Inclusion Excellence Awards 2024.

· Mphasis listed in the ‘100 Best Companies for Women in India in 2024’ by Avtar & Seramount; features in the Best Companies – Hall of Fame for having featured in the listing across five editions of the study.

· Mphasis LeadHER program wins Silver for ‘Best Leadership Development for Women’ at the Brandon Hall Group

HCM Excellence Awards 2024.

· Mphasis Silverline’s CalendarAnything won Demo Jam Session at the ‘2024 Southeast Dreamin’ Conference

Analyst Positioning:

· Mphasis is positioned in the Contenders Category in the IDC MarketScape: Worldwide Data Modernization Services 2024 Vendor Assessment.

· Recognized as ‘Leader’ in Everest Group’s Digital Transformation Services for Mid-market Enterprises PEAK Matrix®

Assessment 2024.

· Recognized as ‘Major Contender and Star Performer’ in Everest Group’s Open Banking IT Services PEAK Matrix®

Assessment 2024.

· Recognized as ‘Major Contender and Star Performer’ in Everest Group’s Key Verticals, Value Chain Elements, and

Nearshore Delivery Software Product Engineering Services PEAK Matrix® Assessment 2024.

· Mphasis featured in Gartner’s Market Guide for EMEA Life Insurance Policy Administration Systems (gartner.com)

· Recognized as ‘Major Contender’ in Everest Group’s Lending Services Operations PEAK Matrix® Assessment 2024

· Positioned in “Horizon 1” by HFS in HFS Horizons: The Best Service Providers for Core Banking Modernization, 2024

– HFS Research

· Mphasis featured in Gartner’s Hype Cycle for Healthcare Data, Analytics and AI, 2024 (gartner.com)

· Mphasis featured in Forrester’s The Modern Application Development Services Landscape,… | Forrester

· Recognized as ‘Major Contender and Star Performer’ in Everest Group’s Digital Workplace Services PEAK Matrix®

Assessment 2024 – North America

· Recognized as ‘Major Contender’ in Everest Group’s Application Development Services PEAK Matrix® Assessment

2024 – Focus on OutSystems

· Recognized as ‘Major Contender’ in Everest Group’s Salesforce Services PEAK Matrix® Assessment 2024

news

Suryoday Small Finance Bank expanded its footprints by opening its first retail banking branch in the country’s Pink City

Sep 17, 2024 by Sujata 0 Comments #Mumbai, #Suryoday Small Finance Bank

Mumbai, 17th September 2024: Suryoday Small Finance Bank (SSFB), a leading new-age digital bank in India, marked its presence in the country’s pink city by opening its first retail banking branch in the state. This marks SSFB’s 120th retail banking branch across India, adding to the fleet of 723rd banking touchpoints. The strategic expansion marks a significant milestone for the bank as it continues to expand its footprint in the northern part of the country. Jaipur, known for its Tourism, trade & commerce, and local handicraft industries, offers a potential market for SSFB to serve the growing needs of the economically vibrant city. The new branch was inaugurated by the MD & CEO of SSFB, Baskar Babu Ramachandran, along with Rajendra Setia – MD & CEO of SK Finance Ltd, in the presence of other eminent BFSI personalities, including Mohit Sahney, MD & CEO- Finova Capital Pvt Ltd, and Varun Kogta, ED & CFO from Kogta Financial India Limited.

Jaipur Launch PR-01

Situated in the center of the ‘Pink City’ Jaipur – Ashok Marg, an important hub for trade and commerce, the new branch will have a dedicated focus on priority sectors and retail segments of micro and small enterprises along with senior citizens, offering diversified product offerings ranging from savings accounts, current accounts, fixed deposits, mortgage loans, two-wheeler loans, commercial vehicle loans, etc. Notably, SSFB offers one of the highest interest rates for term deposits, up to 9.10% p.a., among its peers.

Speaking on the auspicious occasion, Mr. Baskar Babu Ramachandran, MD & CEO Of Suryoday SFB, said, “At SSFB, we are pleased to open our very first retail banking branch in the state, and it signifies our commitment to expand the footprint in northern India. We remain dedicated to investing in our branches, people, and technology to serve the economy better.

He further added, “The strong economy of the capital city provides a significant market with a high potential for credit and deposits. With our unwavering commitment to offer exceptional customer service, we are dedicated to making each customer feel valued and important, which reflects the philosophy of the bank and also enables us to cater to the region’s growing financial needs.”

In a recent analysis done by Colliers, Jaipur was featured among 100 cities with humongous growth potential in the next 5-6 years, driven by factors such as a growing population, increasing GDP per capita, rising propensity for online purchases, and growing adoption of digital payments.

Earlier this year, with the customer base reaching nearly 30 lakhs as of June 2024, SSFB extended its footprints in NCR by opening banking branches across prime locations in Delhi and Gurgaon. With a customer-centric approach to digital banking and an aim to provide digital innovation, the bank has been at the forefront of partnering with new-age fintech companies, including Paynearby, Blostem, Mobikwik, and Tarrakki, among others, to offer digital fixed deposits. The bank’s growing network is supported by a dedicated team of 8000+ employees across 15 States & UTs.

Tag: Mumbai