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Tag: HDFC Bank.

  • IAMAI’s India Affiliate Summit gets underway on 25 Aug

    IAMAI’s India Affiliate Summit gets underway on 25 Aug

    Mumbai: The Internet and Mobile Association of India (IAMAI) is organising the seventh edition of India Affiliate Summit (IAS) on 25 August. The event will witness about 3,000 delegates from different spheres of the affiliate marketing industry including online publishers, bloggers, traffic sources, retailers, networks, and technology firms. Over 700 global companies and 50 exhibitors will converge at the conference.

    Among the key speakers will be vCommission, CEO, Parul Bhargava; Craig Campbell SEO, SEO trainer and consultant, Craig Campbell; Bright Leads Media, founder, Hassan Aanbar; Acceleration Partners, founder and CEO, Robert Glazer; Cashkaro, co-founder, Rohan Bhargava; Ferns N Petals, head – digital marketing, Sai Tota; Max Life Insurance, CVP – e-commerce and digital marketing Aditya Satpute; HDFC Bank, VP and head- digital, content and social media marketing, Jahid Ahmed; Godrej Consumer Products, VP and head – digital, Pankaj Parihar; and Lendinkart, director – marketing, Nijish Nair.

    Some of the key topics of discussion at the summit will include ‘How to build a multi-million-pound affiliate empire?’, ‘Is performance marketing a win-win deal or has a flip side?’, ‘Growing role of affiliate marketing in fintech domain’, ‘How are influencers changing the affiliate marketing fame?’, ‘Implementing affiliate marketing in mobile gaming’, and ‘GenZ, the social media generation – vital audience for affiliates’.

    According to reports, affiliate marketing continues to grow at 10 per cent year-on-year, thanks to the boom in online. Today, most of the brands and online marketplaces are partnering with the affiliates as they increase their bandwidth in the business of gaining more customers.

    One of the keynote speakers, Parul Bhargava said, “India Affiliate Summit is an event very close to my heart – being the only affiliate/performance-centric event in the country. The event historically has experienced great brainstorming and networking by and with stalwarts of affiliates from our country who contribute to the global industry. Since the pandemic restricted our travels, it’s amazing to see how IAMAI is working so hard to ensure the affiliate industry comes together virtually every year with great insights on how affiliate trends are emerging.”

    “Indian e-commerce has seen massive growth and a shift in consumer behaviour over the last two years,” said Rohan Bhargava. “With D2C brands gaining popularity, CashKaro and EarnKaro have witnessed the same trends in sales and high ROI we drive for our partners like MamaEarth, MCaffeine and Ustraa. Cashback, rewards and affiliate programs are definitely the place to be right now for real results. I am really excited to explore this further with other players in the space at the India Affiliate Summit.”

    “Having the second-largest e-commerce market in the world and with digital shoppers increasing, India has seen immense growth in affiliate marketing in the last one-and-a-half year,” Admitad Affiliate India’s country manager, Neha Kulwal remarked. “With inventories like content sites, influencers, loyalty partners being capitalised by brands via affiliate marketing, it is imperative for brands to launch their affiliate programs to maximise growth. In line with e-commerce, other sectors such as fintech, online education, and many more have added affiliate channels into their advertising mix.”

    “Affiliate marketing has become an integral part of our growth strategy and the event is a great platform to discuss ideas and best practices. The affiliate ecosystem in India is still at a nascent stage. As the ecosystem matures, media tie-ups could transform into strategic win-win business partnerships in the future,” added Aditya Satpute.

  • Aditya Puri joins Solara Active Pharma’s board as chairperson

    Aditya Puri joins Solara Active Pharma’s board as chairperson

    Mumbai: Solara Active Pharma Sciences Ltd on Wednesday announced that veteran banker and HDFC Bank’s former CEO & MD Aditya Puri has joined its board as the chairperson. Puri will also head the Nomination and Remuneration Committee of Solara’s board.

    “Aditya Puri, former MD of HDFC Bank and a senior advisor to a large PE fund, joins Solara board as the chairperson,” the pharmaceutical company said in a BSE filing.

    The company said it has inducted new members to the board for “thought leadership, capability, diversity, and strategic experience to drive the business and financial outcomes for Solara Version 2.0.” 

    The newly appointed members on the board also include Aurore Life Sciences founder Rajender Rao who has joined as an executive director and vice-chairman.

    Former IAS officer and revenue secretary Vineeta Rai has been appointed as an independent director. She will chair the CSR committee of the board. 

    Kartheek Raju, a partner at iLabs group, has joined the Solara board as a non-executive director.

    The company further said that its founder Arun Kumar will be the non-executive director on the board

  • Atanu Chakraborty gets RBI nod as part-time chairman of HDFC Bank

    Atanu Chakraborty gets RBI nod as part-time chairman of HDFC Bank

    NEW DELHI: The Reserve Bank of India (RBI) has confirmed the appointment of Atanu Chakraborty as the part-time chairman of HDFC Bank.

    The privately-owned bank, on Friday, confirmed that former economic affairs secretary Atanu Chakraborty will be the part-time chairman of the bank for a period of three years, with effect from 5 May or the date of his taking charge, whichever is later. 

    Once appointed as part-time chairman, HDFC Bank will become the second private sector lender to have a former bureaucrat at this post. ICICI Bank had previously appointed former petroleum secretary and additional secretary in the ministry of finance GC Chaturvedi as its chairman. 

    A meeting of the board of directors of HDFC bank will be convened in due course inter‐alia to consider the appointment of Atanu Chakraborty as the part-time chairman and additional independent director, the bank said in a regulatory filing.

    Chakraborty is a 1985 IAS officer in the Gujarat cadre. He retired from the post of secretary of the department of economic affairs in April 2020. Before that, he had worked as secretary of the department of investment and public asset management (DIPAM). 

  • Sashidhar Jagdishan appointed new CEO of HDFC Bank

    Sashidhar Jagdishan appointed new CEO of HDFC Bank

    NEW DELHI: The Reserve Bank of India (RBI) has approved Sashidhar Jagdishan as the next the chief executive officer of HDFC Bank.

    "The Reserve Bank of India (RBI) vide its communication dated 3 August 2020, has approved the appointment of Sashidhar  Jagdishan as managing director & CEO of the Bank  for a period of three years wef his date of  taking charge, i.e., 27 October 2020, under Section 35B of  the Banking Regulation Act 1949," HDFC said in a statement.

    Jagdishan will replace Aditya Puri, current managing director and CEO of HDFC Bank, who is set to retire on 26 October. "A meeting of the board of directors of the bank will be convened in due course inter-alia to approve the appointment of Jagdishan as the MD & CEO," the bank said. 

    Puri's successor Jagdishan was among the top two internal candidates for the top job at HDFC Bank. Kaizad Barucha, who has the highest board experience, was the senior-most candidate in the fray.

    He is currently serving as the additional director of HDFC Bank and has been with the bank for nearly three decades. He served as the group head of finance, human resources, legal & secretarial, administration, infrastructure, corporate communications and corporate social responsibility.

    Jagdishan was the bank's top choice among the three shortlisted candidates, with Kaizad Bharucha and Sunil Garg also in the running.

  • Dineout’s Great Indian Restaurant Festival brings the Joy Of Dining Out

    Dineout’s Great Indian Restaurant Festival brings the Joy Of Dining Out

    MUMBAI : Dineout, India’s largest dining out and restaurant tech solutions platform is back with the 5th edition of their Great Indian Restaurant Festival (GIRF) from 31st January to 1st March. With GIRF India will experience the #JoyOfDiningOut (JODO) with the biggest discounts on total bill, food, drinks, buffet and more, at 10000+ restaurants across 20 cities namely Delhi, Mumbai, Bangalore, Pune, Chennai, Hyderabad, Ahmedabad, Kolkata, Chandigarh, Goa, Jaipur, Indore, Lucknow, Ludhiana, Nagpur, Kochi, Surat, Agra, Udaipur, and Vadodara. Users can also additionally avail 20% cashback on their restaurant bills using Dineout Pay. With GIRF, Dineout aims to provide maximum savings for diners with exclusive partner offers from HDFC bank and bonus miles from Intermiles (formerly JetPrivilege).

    Dineout has also released a digital film around the festival focusing on “No Drama, Only Khaana” as a solution to diners who want value for their money without any drama, excuses or influences like birthdays, anniversaries and more, often used by people to get the best deals at restaurants.

    The full brand film can be watched here: https://youtu.be/yKw6z2CAljE

    To further encourage the dining out culture in the country, Dineout also coined the new millennial lingo JODO which is similar to FOMO and YOLO.

    Commenting on the latest edition of GIRF, Mr. Ankit Mehrotra, CEO & Co-founder, Dineout said,  “GIRF over the years has gained an unparalleled reputation of being one of the largest restaurant festivals in India. GIRF’s popularity affirms that Indians love dining out and are no more restricted to just occasions. With the biggest discounts and offers, we want to extend the #JoyOfDiningOut in the truest sense to our users across 20 cities, especially millennials who will resonate with the language of #JODO.” 5th Edition of GIRF: Biggest discounts on top rated 10,000+ restaurants across 20 cities Exclusive partner offers from HDFC bank and bonus miles from InterMiles (formerly JetPrivilege) Gourmet Passport members got early access to GIRF deals from 22nd -24th January

    Dineout has successfully organized 4 editions of GIRF since 2017. Last year, GIRF was introduced twice in the same year in the months of February & August, seating close to 2.5 million & 4 million diners respectively. It also helped its participating restaurants garner revenue higher than the usual days during both the editions. The participating restaurants witnessed 3x rise in their revenue in their most recent edition. GIRF deals for all can be bought starting 25th Jan for dining between 31st January to 1st March 2020 at restaurants like Social, Lord of the Drinks, Mainland China, Mamagoto, Smoke House Deli, Indigo Delicatessen, Radisson, Roseate, Burger King, McDonald’s, Pizza Hut & more.

    Speaking on the association, a spokesperson from HDFC Bank said, “We are happy to be associated with Dineout’s Great Indian Restaurant festival for 3rd consecutive year. The festival in a short span of time has been instrumental in driving change towards the dining culture of India. The festival’s popularity has helped us build a strong connect with our customers also as they look for offers & cashbacks. While GIRF offers great deals, HDFC Bank customers can additionally enjoy exclusive deals & cashbacks during the festival.

    Vikas Chandak, Senior Vice-President, Strategic Business & Partnerships of InterMiles, said,

    We, at InterMiles, are committed to building strong partnerships that drive significant value & enriching experiences for our members. Our long-standing partnership with Dineout is immensely popular with our members and we witness a remarkable increase in engagement during the Great Indian Restaurant Festival. We are happy to participate in the 5th edition of GIRF as Food Sponsors & Reward Partners. We are confident that this year, once again, our members will enjoy the GIRF deals and the additional benefits brought to them by InterMiles.”

    So, get ready to experience a month full of dining out at great discounts with no hidden agendas. Enjoy hassle-free experiences and without stressing about over-budget bills.

  • Best moment marketing trends of 2019

    Best moment marketing trends of 2019

    DELHI: Brands have always been serious about their marketing plans. They spend months strategising their campaigns, involve the best of the technicians and talents to aid the creative process, and try to come out with communications that build trust among their target consumers. But the changing times and technologies have transformed this completely. The new-age consumer has the attention span lesser than that of a gold fish, and often ends up skipping the ads that a marketer had spent a good few months of his life in curating.

    The consumer of today believes in living in the moment and brands have to catch them in that exact time span. And this has given rise to an influx of creativity on social media platforms, the second homes of the new-age customers, in the form of moment marketing. While earlier this was fixed for some particular occasions like festivals and elections, year 2019 saw brands leveraging every small and big moment that was breaking the internet. From the series finale of Game of Thrones to the expensive bananas that Rahul Bose had to eat, from Delhi smog to Indian men’s cricket team bowling the ‘pink ball’ for the first time in an international match, everything became a creative field for the brands and their creative agencies.

    On the first day of the year, here’s a look-back on the most interesting moment marketing trends and top brands’ take on it!

    Game of Thrones Finale

    Game of Thrones was probably the best television show of the decade and had became a rage in the meme-world too with its initial seasons. But this year the craze was in multitudes as the show was wrapping up its journey forever. Though the season left many fans and cast members disappointed, the brands came out with some interesting campaigns.

    Johnnie Walker

    Durex India

    Swiggy

    Mother Dairy

    Yuvraj Singh’s Retirement

    Yuvraj Singh is one of the most successful and loved Indian cricketers. The champion best remembered for his iconic six sixes in an over and his incredible performance in World Cup 2011 despite his ongoing battle with cancer announced his retirement from the international cricket in June this year and like his fans, some brands paid their tributes to the star in their own way.

    Zomato India

    Fevicol

    Indigo

    Pulse

    Rahul Bose’s rendezvous with two expensive bananas

    The most bizarre and hence most hilarious trend of the year was two expensive bananas served to actor Rahul Bose by JW Marriott in Chandigarh. As soon as Bose shared the photo of the bill amounting Rs 442.5 online, brands jumped the marketing bandwagon to cash on this momentous opportunity.

    Oyo

    Zomato India

    Amazon Prime Video India

    Arre

    Iphone 11’s triple camera feature

    The launch of every iPhone is a meme fest for the netizens. From selling kidney jokes to takes on no massive updates from older versions, the internet sees it all. But this time, the fodder of the online discussion was the triple camera, which fed the imagination of the brands in ways unimaginable.

    Durex India

    Manforce Condoms

    Shaadi.com

    Embed:

    Swiggy

    Delhi’s Pollution

    Delhi smog is one of the most trending events online for the past many years. The even-odd rule and increased sale of face masks are interesting talk points online. This time, the brands also came up with their creative best inputs to market themselves online in an unconventional manner.

    Manforce India

    Pee Safe

    Policy Bazaar

    Filter Copy

    Onion Prices

    The economic turmoil going on in the country concerned everyone this year. The repurcussions were many including the sky-high prices of one of the basic staples in Indian diet, onion. While it worried all, the brands had their own way of using the situation to their benefit.

    Orient Bell

    HDFC Bank

    Trident

  • Brand-building for longevity and future growth becomes major focus for top brands in Brand Top 75 Most Valuable Indian Brands ranking

    Brand-building for longevity and future growth becomes major focus for top brands in Brand Top 75 Most Valuable Indian Brands ranking

    MUMBAI:–India’s most valuable brands, many of which have built their businessesthrough disruption, are now looking to capitalise on their achievements and invest in strategies for long-termgrowthand stability.This is a key finding of the sixth BrandZ™ Top 75 Most Valuable Indian Brands ranking, released today by WPP and Kantar. This year’s results revealed a 6 per cent rise in overall brand value to $228.2 billion, a moderate pace compared to previous years, given India’s recent macroeconomic challenges. Despite that, such growth is still in line with that of the BrandZ Top 100 Most Valuable Global brands, as India steadily rises in global economic rankings. 

    HDFC Bank, now ranked No. 1 for a sixth consecutive year,has demonstrated the rewards of maintaining a forward-thinking and innovative outlook,withits consistent focus on exceeding the changing needs of its customers. With new financial products, an ongoing drivetowards digital banking and new branches set-up throughout the country, the bankgrew 5 per cent in brand value to $22.7 billion. This is a positive contrast to the 8 per cent decline in value of the top 20 global banks .

    The BrandZ study, which is the only brand valuation ranking to combine companies’ financial data with consumer insight and opinion, shows that trust is key to develop the stabilityrequired for long-term success; highly trusted brands in the Top 75 are worth 129 per cent more than less trusted ones. 

    Trusted brands include many of the consumer-facing technology platforms and service providers. Despite owing their success to disruptive beginnings, these brands now also focus on activities to build trust such as ongoing and effective communications with consumers that generate comfort and familiarity with using the brand. With a 30 per cent increase in value, this sector was the fastest growing group of brands in the ranking.

    Notable brands include ecommerce site Flipkart (No. 12), which increased its brand value 14per cent to $4.7 billion, while unicorn brands hotel booking site Oyo($2.0 billion), online food ordering service Swiggy ($1.6 billion) and online restaurant marketplace Zomato ($1.0 billion) are newcomers to the ranking at No.30, No. 39 and No. 61 respectively.

    The fastest riser in the 2019 ranking is telecom provider, Jio, which climbed one place to No. 9 with a 34per cent increase in brand value to $5.5 billion.Itsdisruptive business model has made internet access available to many Indianswho were previously unable to afford it, thereby opening up access to digital platforms and services.Vodafone ($2.5 billion) meanwhile was the top-ranked newcomer at No. 24.

    Both digital and offlinebrandssuch as D-Mart (No. 25, $2.4 billion) have found success as a result of the rise of ‘middle India’; the growing number of people in the country’s second, third and fourth-tier cities and towns that are changing India’s traditional urban-rural divide.  These previously poorly-served segments increasingly have access to a variety of online services, with Swiggy and Zomatobuilding much of their growth on this shift.

    With an expanding choice of offerings to buy, Indian consumers increasingly care more about the quality of service than whether a brand originates in India, as long asit demonstrates that it understands what it means to be Indian. That insight is reflected in the decision by Amazon to launch itself a year ago as India’s ‘neighbourhood shop’.

    David Roth, CEO of The Store WPP EMEA and Asia and Chairman of BrandZ, says:“As India flexes its muscles on the world stage, it faces increased macroeconomic headwinds which have combined with a rise in global trade tensions to create a challenging environment.Successful Indian brands are adapting to these challenges andrecognising that longevity requires them to do more than just disrupt the status quo; long-term brand building requires new strategies that major on stability.”

    BrandZ Top 10 Most Valuable Indian Brands 2019

    Preeti Reddy, CEO South Asia, Insights Division, Kantar says “Consumer trust is a common thread among successful brands. However, it is concerning that only a few have succeeded in growing trust over the last five years. Those who done so, have done it through open and honest conversations with their customers. Brands would do well to consciously work at building consumer trust – it is the shield that gives a brand the resilience to face headwinds in uncertain times.”

    Vishikh Talwar, chief client officer, Kantar Insights Division, says: “The rise of ‘middle India’ combined with rapid growth of the mobile internet is providing unprecedented opportunities for brands.  But, with an almost overwhelming choice of products and servicesto buy, consumers are increasingly discerning; the Indian psyche requires that brands cater for local needs with offerings that genuinely improve daily life.  Today that’s as much about providing comfort and reliability as it is about generating new experiences.”

    In general, India’s top brands are taking a long-term approach to value creation. Over the past five years, a stock portfolio containing the BrandZ™ India Top 75 Most Valuable Indian Brands would have increased 33.8per cent in value. This compares to a rise of just 12.4per cent for India’s SENSEX, an index of 30 stocks on the Bombay Stock Exchange, demonstrating that valuable brands generate superior shareholder value. 

    Key trends highlighted in the BrandZ Indian Top 75 study include:

    Mobile internet access: Smartphone user numbers in India increased by 18per cent in 2018 (the fastest rate of growth in the world), mainly due to a combination of Jio’s own low tariffs and the renewed competition causing other telecom providers to reduce their rates.

    Buying power:Retail is the second fastest growing category, with online and offline both growing strongly. New entrantReliance Retail (No. 55, $1.1 billion)opened nearly 500 new stores and usedJio’s service to connect retail shops with grocery deliveries, while D-Mart ($2.4 billion) focused predominantly on offline, rising two places to No. 25.

    The Amazon effect:Amazon and Flipkart compete with many Indian brands across several sectors, with Amazon also opening its largest campus yet in India.  This has increased competition and driven brands to step up their operations to ensure they are meeting customers’ needs.

    A confident country: The success of unicorn brands such as Swiggy, Zomato and Oyo is fostering a new-found confidence in India.  This is augmented with the increasingly global outlook of these new brands as they actively seek to expand their operations outside India.

  • HDFC Bank to organise 12th edition of blood donation drive

    HDFC Bank to organise 12th edition of blood donation drive

    MUMBAI: HDFC Bank is all set to organise the 12th edition of its national Blood Donation Drive on December 7. This drive is part of HDFC Bank’s Parivartan; its umbrella brand for all its social initiatives. The campaign inspire and encourage more and more people to come forward to donate blood.
    As a run-up to December 7, the Bank has initiated a campaign #StopMithani #YourBloodMatters, where inspiring stories involving ordinary citizens are being communicated as role models for society, particularly the youth to emulate and donate blood. This will help bridge the annual deficit of 1.9 million units India faces when it comes to availability of blood.

    Mr. Rajdeepak Das, Chief Creative Officer (South Asia) & Managing Director Leo Burnett had to say about the campaign, “Communications is best created when we tap into an insight that is universally relevant. It’s about looking at it from the consumer’s perspective. At Leo Burnett we refer to this as the HumanKind approach. Usually blood donation narratives have been told from the recipient’s perspective we decided to change this. Let’s look at it from the donor’s perspective. A serial donor’s perspective. Someone who has been donating for a long time. In Mr. Mithani we found an extraordinary donor – a donor like no other. He is 65 and advised not to donate anymore, his story is compelling enough to get the youth of the country to get behind the cause of blood donation. Hopefully, it will move you to share and most importantly sign up to donate.

    Jyotindra C Mithani, a 64 year-old resident of Mira road in Mumbai is one such inspirational story. Over the past 40 years, Mr. Mithani has donated blood 151 times. He first donated at the time of the 1971 Indo-Pakistan war, when there was an appeal for blood for our armed forces. Since then, he’s made it his life’s mission to do his part to bridge the gap between demand for safe blood and its supply. His inspirational record of donating blood on average 4 times a year will end once he turns 65. Mr. Mithani refuses to stop despite the medical advisory owing to his advanced age. This stand by Mr. Mithani to ‘only stop when India starts’ forms the crux of the Bank’s campaign where the message is ‘to galvanize Indians to do their bit and stop Mr. Mithani’.

  • HDFC Bank, Firstpost give unique twist to Raksha Bandhan

    HDFC Bank, Firstpost give unique twist to Raksha Bandhan

    MUMBAI: HDFC Bank has associated with digital newsroom Firstpost, to make this Rakshabandhan an agent of social change with its #RakshaMatlabRokNahi campaign.

    The ad campaign shares a unique take on the cherished Raksha Bandhan ritual. It signifies that the much loved and celebrated sibling festival is not only limited to protecting one’s sister but should also expand to protecting the dreams and aspirations of every woman.  

    Women’s emancipation is a continuous process of unlearning and rethinking the decisions we are traditionally used to making. To manifest our thoughts into action we just need that small but important nudge to make a difference. This was the key insight which leads to the concept.

    In the touching video created by Firstpost Studio, a brother informs his sister that his wife won’t be taking up an excellent career opportunity as it involves travel and wouldn’t be safe. To which the sister patiently explains that protection does not mean setting limits. The stirring message hits the audience when she asks her brother for her Rakhi gift – to protect not only his sister but the dreams and aspirations of every woman he meets.

    HDFC Bank CMO Ravi Santhanam says, “We have noticed women get more financially independent than they were and make decisions about their own money. That being said, there still exist social norms which keep some women from being decision makers. We wanted to address this in our video. The #RakshaMatlabRokNahi campaign creatively reinforces HDFC Bank’s core messaging encapsulated in our tag-line – ‘We Understand Your World.’ We are delighted to have found the right partners in Firstpost, who in turn delivered on our expectations for the campaign.”

    Network18 Digital business head for English general news cluster Azim Lalani adds, “We are glad to have associated with HDFC Bank to bring an offering that resonates with the audience and effectively drives the message of the brand. Our platform consistently strives to deliver progressive content that deeply connects with the audience, and the team has made a sincere effort to bring that forward with the #RakshaMatlabRokNahi campaign.”