Page 27 - WOW Magazine Feb 23

RRB & BROKING

Alternate Universe – Beyond Banca

“IT ALWAYS SEEMS IMPOSSIBLE TILL IT’S DONE”

Channel has taken you on a flash back ride in Strategic Alliance –
our last edition showing you how our channel Corporate Agency & Broking
emerged with the Vision of the Organization &
Our path is set & our journey is on to expand our
where we were as on 30th November’2022.
footprints in the Corporate Agency and Broking
The roller coaster exhilarating exciting ride space. Our aim here is to build a few but strong CA’s &
continues as we are close to the Finish Line of Brokers with scalable relationship value. We currently
the Financial Year 2022 – 2023. have 5 working Brokers & 1 Corporate Agent. Our focus
area here would be to move to a state of Digital
We at Alternate Channel live with the dream & acquisition with API integration & adding quality lives.
aspiration of fulfilling the Organization’s Vision & the We recently added a new member to the Broker
faith installed in us. SUD Life is constantly undergoing family & will see their contribution in the coming
a journey of ensuring future-readiness of the months.
franchise by disrupting ourselves from within.

Our Performance FY 22 – 23:
SELF, CARE & LOVE
Are no longer mere words but a mindset for every Verticals Targets YTD Achieved Ach%
till Jan'2023 YTD EPI_S
SUDIAN.In these competitive times its increasingly
important for us to remain relevant with our services Cross Sell 72 79.96 111%
and match up to our customers’ expectations in a
continuously evolving & dynamic environment. We RRB 32.40 19.13 59%
remain committed towards our customers & this
IMF 21.60 11.42 53%
should translate in every aspect of Customer
Engagement. Brokers 3.60 7.49 208%
Corporate Agency 8.50 0.48 6%
Cross – Sell:
Total 138.10 118.48 86%
FY 21 – 23 has been a year of Growth for Cross Sell. The
Team has grown manifold with an inclusion of an * All figures are in Crores & till 31st January'2023.
Outsourced Call Centre to support & enhance the
responsibility put on us. The number of Campaigns
has also grown significantly over the previous year Way Forward:
from 9 to 15 different Campaigns. We are aiming to
We are positively marching towards our journey &
reach all the nook & corners of our markets & leave no
aspiration to build a new business book of Rs 175 Cr
customer interaction non monetized.
p.a. by FY 2022-23.
We are gearing to achieve 100 Crores in FY 22-23.

RRB:
We have 2 New Partners under our RRB umbrella i.e
Vidharbha Konkan Gramin Bank & Chaitanya
Godavari Grameena Bank and look to add many
more strengthening and nurturing them. We would
like to steadily grow on the Base created in FY 21 – 22
& all our efforts are in that direction. Our Focus areas
along with delivering Business would be Branch
Activation / SP Activation & gradually moving to a
higher ticket size thus expanding the market size.

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