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Tag: Union Bank of India

  • TAM report: LIC of India ascended to second position in Jul-Sept’23

    TAM report: LIC of India ascended to second position in Jul-Sept’23

    Mumbai: TAM AdEx India has released a quarterly advertising report on radio for Jul-Sept’23.

    Ad volumes during Apr-Jun’23 and Jul-Sept’23 have witnessed growth of four per cent and six per cent respectively compared to Jan-Mar’23. Also, Jul-Sept’23 observed growth in ad volumes by seven per cent on radio advertising compared to Jul-Sept’22.

    The services sector retained its first position with 34 per cent share of ad volumes during Jul-Sept’23 over Apr-Jun’23 on radio advertising. The top 10 sectors collectively added 89 per cent share of ad volumes in Jul-Sept’23. The education sector descended to sixth position with six per cent share of ad volumes compared to second position in Apr-Jun’23.

    Properties/real estates and hospital/clinics retained their first and second positions during Jul-Sept’23 over Apr-Jun’23 on radio advertising. Life insurance and ret cars were new entrants in the top 10 list of categories in Jul-Sept’23 compared to Apr-Jun’23. The top 10 categories together accounted for 53 per cent share of ad volumes on radio advertising during Jul-Sept’23.

    During Jul-Sept’23, the top 10 advertisers together covered 15 per cent share of ad volumes on radio advertising. LIC of India ascended to second position in Jul-Sept’23 compared to its sixth position in Apr-Jun’23. Union Bank of India, Patanjali Ayurved and Tata Motors entered the top 10 list of advertisers in Jul-Sept’23 over Apr-Jun’23. 2.9k plus exclusive advertisers were present during Jul-Sept’23 compared to Apr-Jun’23.

    Kedia Sezasthan and Vimal Pan Masala retained their first and second positions in Jul-Sept’23 over Apr-Jun’23 on radio advertising. Out of the top 10 brands present in Jul-Sept’23, two of them belonged to Life Insurance Corporation of India. Magics Hair Care was an exclusive brand that entered the top 10 brand list and secured seventh position in Jul-Sept’23 over Apr-Jun’23.

    Properties/real estates among categories witnessed highest increase in Ad secondages with growth of 25 per cent followed by cars with 55 per cent growth during Jul-Sept’23 compared to Apr-Jun’23. In terms of growth percentage, computer printers category witnessed the highest growth percentage among the top 10, i.e. 180 times in Jul-Sept’23.

    Compared to Apr-Jun’23, Gujarat and Maharashtra retained their first and second positions with 20 per cent and 17 per cent share of ad volumes respectively in Jul-Sept’23. Top five states together contributed 67 per cent share of ad volumes in Jul-Sept’23. Jaipur retained its first position with 11 per cent share of ad volumes in Jul-Sept’23 compared to Apr-Jun’23. Also, the top 10 cities together covered 70 per cent share of ad volumes in Jul-Sept’23.

    The evening was the most preferred time band on radio followed by morning and afternoon time bands on radio advertising. Evening & morning time bands together added 69 per cent share of ad volumes.

    Ad commercials with 20-40 seconds was most preferred for advertising on radio during both the periods Jul-Sept’23 & Jul-Sept’22. Together, 20-40 seconds and <20 seconds ad size added 94 per cent share of ad volumes on radio advertising.

  • Big FM marks 15 years as exclusive radio partner for Lalbaughcha Raja

    Big FM marks 15 years as exclusive radio partner for Lalbaughcha Raja

    Mumbai: The auspicious occasion of Ganesh Chaturthi shines as the grandest celebration of the birth of Lord Ganesha, who is worshipped with great devotion as the symbol of strength, wisdom and good luck. Each year, the festivities commence with the unveiling of the ‘Lalbaughcha Raja,’ marking the beginning of Ganeshotsav in Maharashtra. For the fifteenth consecutive year, BIG FM, one of the leading radio networks in the country, proudly affirms its exclusive radio partnership for the auspicious celebrations of Lalbaughcha Raja. With Union Bank of India as the presenting sponsor and co-powered by Finolex Pipes and Ather, this initiative under the tagline ‘Bajega Band Aur Baaja, BIG FM Phir Karvayega Big Darshan of Lalbagh Cha Raja’, brings the grandeur and devotion of this event closer to millions of listeners.

    During the grand 10-day celebrations, BIG FM’s talented RJs will be broadcasting live from Lalbaug, fostering engagement with devotees, organizers, officials, and avid listeners alike. Their presence will serve as a bridge, connecting people from every corner of India to the divine darshan of Lalbaughcha Raja. With digital live coverage directly from the location, the audience will have a front-row seat to the festivities, enriching their experience. Additionally, the excitement will be further amplified with celebrity appearances alongside the RJs, bringing an extra layer of fervour and enthusiasm, making this year’s celebrations even more memorable.

    Year after year, the initiative has received an overwhelming response from countless devotees and has been showered with accolades. This year, taking the initiative a notch higher the radio network has a special musical treat in store. BIG FM is set to release an exclusive song, beautifully sung by the exceptionally talented artist, Brijesh Shandilya. This melodious composition will be brought to life by BIG FM RJs – RJ Vrajesh, RJ Rani, RJ Abhilash, and RJ Dilip, adding an enchanting rhythm to the celebrations.

    BIG FM COO Sunil Kumaran said, “Lalbaughcha Raja holds a special place in the hearts of Mumbaikars and our longstanding partnership exemplifies our commitment to bringing this divine experience closer to every home. Now, in our 15th year of this initiative, we are thrilled to continue to personalize the sacred experience for our listeners and devotees. With various on-ground, digital and on-air activities planned, we aim to unite hearts of all devotees and create a memorable celebration that reflects the essence of Lalbaughcha Raja.”

    The radio network will provide live coverage of the Visarjan, providing listeners with real-time updates through a helicopter ride. The live event aims at spreading goodwill, cheer, and uniting well-wishers nationwide with Bappa. The initiative is being extensively promoted through on-air, digital, social media elements and on-ground activations.

  • Times Network to telecast seventh ‘Digital India Summit’ from 15 January

    Times Network to telecast seventh ‘Digital India Summit’ from 15 January

    Mumbai: Times Network has announced the seventh edition of Digital India Summit (DIS) scheduled to telecast from 15 January every Saturday at 11:30 a.m on Times Now, Times Now World, 8:30 p.m ET Now and on the network’s digital news destination Timesnownews.com.

    The event is supported by the Union Bank of India and Kiya ai as ‘co-powered by’ sponsor and WeWork as ‘associate’ partner.

    DIS throws the spotlight on fast-tracking India’s digitisation by bringing together the torchbearers of the digital universe to discuss ideas and strategies which will facilitate India’s digital transformation and strengthen its global dominance in technology.

    The summit will address a wide spectrum of topics including enabling India’s financial inclusion digitally, benefitting from new normal, role of data security and data centre in the next decade, transforming India’s healthcare through digitisation and more.

    The summit will launch with an exclusive interview with MoS, electronics and IT Rajeev Chandrasekhar and will also witness participation from thought leaders, influencers and digital revolutionaries including Union Bank of India MD and CEO Rajkiran Rai G.

    “Digital India Summit was instituted to foster and cheer a digitally empowered India,” said Times Network MD and CEO MK Anand. “It is heartening to see that over the course of the last six years, the platform has ably contributed in advancing India’s digital journey. Steering this vision, the 7th edition of Digital India Summit is engaged with a purpose to accelerate India’s global dominance in technology and digitization.  I am confident that this leadership platform will enable actionable ideas and strategies with the domain’s thought leaders and innovators to achieve the same.”

    “It is an honour and privilege to be part of Digital India Summit. Our main goal is a $1 trillion digital economy that has a number of parts that are at the early stage of work in progress,” said MoS, skill development and entrepreneurship and electronics and IT Rajeev Chandrasekhar. “The Prime Minister has called it the Techade and it is absolutely a correct characterisation because in the next 10 years, our economy can be significantly catalysed by the digital economy. Today when we see startups and young entrepreneurs, you can see that they are confident about what they are doing and they are very confident about the future that they are going to be a part of and to me, that is the biggest thing that has come out of the pandemic. This is what is very different for 2022 than what it was in the past that we hold in our hands the cards that are stacked in our favour. it is now for us to execute and deliver what the universe is offering us as an opportunity.”

  • Union Bank of India wins big at Digital Payments Utsav

    Union Bank of India wins big at Digital Payments Utsav

    Mumbai: Union Bank of India has been felicitated for achieving the highest percentage for digital payment transactions under the category of large and medium banks at Digital Payments Utsav.

    The ministry of electronics and information technology celebrated Digital Payments Utsav.

    On behalf of the bank, executive director Nitesh Ranjan received ‘Utkarsh Puraskar’ of DigiDhan Award 2020-21 from the minister for communications, electronics and information technology and railways (Government of India) Ashwini Vaishnaw and minister of state Dr Rajeev Chandrasekhar at India Habitat Centre in New Delhi.

  • Union Bank of India wins Golden Peacock National Training Award 2020

    Union Bank of India wins Golden Peacock National Training Award 2020

    Union Bank of India once again bagged the prestigious Golden Peacock National Training Award – 2020. This Award was conferred by Institute of Directors (IOD), New Delhi at a virtual award ceremony held today. It is pertinent to note that this is the 9th time, Union Bank of India has won this award in the category of National Training Award. 

    The Award was received by Shri Vinayak V. Tembhurne, General Manager (HR–L&D) Union Bank of India. Accepting the award, Shri Tembhurne stated that Bank’s Training System is engaged in creating successful Bankers by using the latest teaching pedagogy and socializing employees into the organization's culture and the nation-building ethos of our foundation in line with the Bank's vision.

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  • IndiaFirst Life makes top-level appointments

    IndiaFirst Life makes top-level appointments

    MUMBAI: IndiaFirst Life Insurance Company Ltd (IndiaFirst Life), promoted by Bank of Baroda and Union Bank of India, has appointed Atri Chakraborty as its chief operating officer (COO) and Sankaranarayanan R (Sankar) as its chief technology & data officer (CT&DO). Both took charge of their respective roles at IndiaFirst Life in July 2020.

    IndiaFirst Life Insurance Company   MD & CEO RM Vishakha said, “We welcome aboard our new COO – Atri Chakraborty and CT&DO – Sankaranarayanan R. Atri brings with him a wealth of operational management experience, specifically in the insurance domain. We are happy to have a steady hand at the operational helm as we continue to expand our business and broaden our customer base. Sankar joins IndiaFirst at an important growth juncture as we seek to boost our digital efficiencies. In addition to overseeing IT, he will ensure that our data and technology initiatives, resources, and investments support our mission of making insurance accessible to all. We believe that both Atri and Sankar will create value for our stakeholders through innovations and disruptions in their respective domains.”

    As the chief operating officer Chakraborty will oversee the entire gamut of designing, implementing and managing business operations. He is responsible for distribution & branch operations, customer service, new business & underwriting and claims. With over 26 years of rich and diversified experience in the BFSI sector, Chakraborty has dedicated 17 years plus in the insurance domain. Over the years he has been successful in transforming service delivery, achieving process excellence, facilitating digital transformation, synchronising program management, and overseeing operations management during his tenure at various organisations.

    As the chief technology and data officer (CT&DO), Sankaranarayanan R (Sankar) will drive the digital, data and technology disruptions at the organisation. His role encompasses handling information technology, and data & analytics function covering aspects of applications, infra & IT security and analytics. With a career spanning over 25 years in the insurance sector, Sankar has spearheaded technology and operations in India and abroad. He specialises in digital and technology implementation.

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