Facebook Pixel Social CRM makes the bank smarter | Banking Frontiers - Business - Read this story on Magzter.com

Try GOLD - Free

Social CRM makes the bank smarter

Banking Frontiers

|

September 2020

Kalyan Janata Sahakari Bank also leverages social media to reach potential customers and retain them:

Social CRM makes the bank smarter

Atul Khirwadkar believes that taking precautions against poor customer experience could be more impactful in the long-term

During covid period, Kalyan Janata Sahakari Bank has given advertisements about its digital platforms on social media frequently. It found that these advertisements as also the need for social distancing, have compelled most of its customers to adopt digital platforms for their transactions. Specifically, businessmen who are the bank’s customers as also regular customers have been increasingly taking advantage of this Bunch Note Accepting (BNA) machine. “As regards availability of digital platforms and usage during January-July are concerned, 14,819 transactions of retail and corporate banking have been done through internet banking,” says Atul Khirwadkar, CEO & GM of the bank. “Transactions through IMPS (17,7181), UPI (168,3799) and POS /NFS (518,517) have also been recorded,” says he.

During this period, the bank also recorded 290.000 transactions on ATM/ BNA. It had installed BNA machines in 2019-2020 for cash deposits.

TECH VENDOR, IT TEAM

Network Techlab is the main technology vendor for the bank. The firm provides network support and technology equipment support for OEMs. The bank has its own data center at Kalyan and disaster recovery site near Pune, both of which are managed by its internal team. Khirwadkar says the bank has a 3-tier network architecture, based on the latest technology. There are 22 staff members in the IT team of the bank.

SOCIAL MEDIA MARKETING

MORE STORIES FROM Banking Frontiers

Banking Frontiers

Banking Frontiers

Clarity – Learning from Stories

Share one story that gave you notable clarity on something.

time to read

5 mins

April 2026

Banking Frontiers

Banking Frontiers

Intra-organization Communication between both Genders

What are some of the areas where intra-organization communication between men and women can greatly benefit from greater clarity?

time to read

7 mins

April 2026

Banking Frontiers

Banking Frontiers

From Access to Impact: How Technology is Powering the Next Phase of Financial Inclusion

Moderator Gaurav Kumar, Founder & CEO, Yubi Group, and the fireside chat guest, Dr. Rajan Pental, Executive Director, YES Bank, discuss some fundamental truths about the road ahead for BFSI at the Yubi Partnership Conclave 2026:

time to read

1 mins

April 2026

Banking Frontiers

Banking Frontiers

Give these to Al

Smriti Pandey, Ravi Lalwani: Give 3 examples of financial decisions that you think will be safe to shift from humans to AI in 2026.

time to read

2 mins

April 2026

Banking Frontiers

Banking Frontiers

Getting Clarity More Easily

Are there any areas in which women naturally find it easier to get clarity as compared to men? If so, which ones?

time to read

5 mins

April 2026

Banking Frontiers

Banking Frontiers

AI in the Lending Stack: From Experiments to Enterprise-Grade Adoption

In a conversation with, Vipul Mahajan, Chief Business officer, Yubi, two bankers and one NBFC leader align technology and AI trends with business and regulation:

time to read

2 mins

April 2026

Banking Frontiers

Banking Frontiers

Wildfires, storms & floods dominate insured losses

At $107 billion in 2025, global insured losses were below the long-term natural catastrophe loss trend yet still elevated due to a high frequency of events impacting densely built, high-value areas, reports Swiss Re Institute.

time to read

1 min

April 2026

Banking Frontiers

Banking Frontiers

Bihar's MFI Law: Wider Industry Ripples Ahead

Bihar recently enacted a bill, titled the Bihar Micro Finance Institutions (Regulation of Money Lending and Prevention of Coercive Actions)

time to read

4 mins

April 2026

Banking Frontiers

Banking Frontiers

From Numbers to Behaviors & Sentiments

Smriti Pandey, Ravi Lalwani: Apart from numbers, percentages and ratios, what other kinds of information help you get a clear picture for formulating decisions?

time to read

1 mins

April 2026

Banking Frontiers

Banking Frontiers

From Balance Sheets to APIs: The Rise of Banking-as-a-Service

A CXO at a leading public sector bank demystifies the alignment between business transformation, technology and AI strategy, at the Yubi Partnership Conclave 2026:

time to read

1 mins

April 2026

Translate

Share

-
+

Change font size