-
Axis Bank: Axis Bank turns to unsecured loans as growth revives
Mumbai: Axis Bank plans to gradually increase its unsecured proportion in retail loans as it seeks higher yields on an expected bounceback in economic activity. Retail lending head Sumit Bali said the proportion of unsecured loans will increase to 22%-24% in the near future as the bank increases its focus on credit cards, personal loans and small business loans. “The Covid impact has now waned and risk appetite is returning. We plan to progressively increase our exposure to low tenure unsecured loans,” Bali said. Retail loans at ₹3.5 lakh crore constitute 56% of the bank’s net advances out of which
-
Proven Marketing Strategies to Drive Business Growth
PHOTO: Kurt Cotoaga | unsplash Growth is the aspiration of nearly all companies. Shareholders look for it, CEOs hire for it and CMOs lead efforts to make it a financial reality. In a competitive marketplace, however, not all companies benefit from their growth initiatives. In the 27th Edition of The CMO Survey, 22% of companies reported negative growth, another 25% reported no growth, and only the remaining 53% reported positive growth. Those findings are deeply concerning in a market that favors transformation, speed and scale, and where digital savants and platform companies are experiencing soaring revenues and profitability at
-
Small Business Marketing Software Market: Key Growth Factors and Opportunity Analysis by 2027
AMR Logo The global small business marketing software market is expected to witness high growth during the forecast period. PORTLAND, PORTLAND, OR, UNITED STATE, December 3, 2021 /EINPresswire.com/ — Rising awareness towards the importance of marketing, adoption of cloud technologies, increasing demand for digitalization in the business are some of the major key driving factors for the growth of the business. In addition to this, enhanced productivity, better lead generation, improved customer experience, also helps to reduce risk associated with campaign creation are also some of the factors which fuel the small business marketing software market growth. However,
-
Auto Insurance Claim Satisfaction Rises on Combination of Soaring Vehicle Values and Growth of Straight-Through-Processing Claims Management, J.D. Power Finds
Increased Vehicle Complexity Introduces New Challenges: Claims for Vehicles with Advanced Driver-Assistance Systems (ADAS) 13.5% Higher on Average TROY, Mich., October 28, 2021–(BUSINESS WIRE)–The nationwide surge in used vehicle prices has given an unexpected boost to auto insurance customers who experience a total loss—their vehicles might be worth more than they thought. This phenomenon of higher replacement values, combined with advancements in straight-through-processing (STP), has driven customer satisfaction with auto insurance claims to a record high in the J.D. Power 2021 U.S. Auto Claims Satisfaction Study,℠ released today. Despite these gains, however, the industry is facing new
-
Phone2Action Hires Marketing and Sales Leads to Scale Growth
ARLINGTON, Va.–(BUSINESS WIRE)–Phone2Action, the leading public affairs and government relations technology platform, is pleased to announce that Steve Liebman will join its leadership team as Senior Vice President for Sales and Sherrie Mersdorf will join as Senior Vice President of Marketing. “Phone2Action gives government affairs teams the edge they need to achieve their policy outcomes,” CEO Steven Schneider said. “As we continue to support GR professionals, the deep experience that Steve and Sherrie have producing results in highly competitive environments will play a major role in amplifying the Phone2Action story and continuing our growth. I’m thrilled
-
India Furniture Market Report 2021: Industry Size, Growth Trends, Opportunity Company Analysis, Financial Insights 2020-2026 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “India Furniture Market, Impact of COVID-19, Industry Size, Growth Trends, Opportunity Company Analysis, Financial Insight” report has been added to ResearchAndMarkets.com’s offering. India Furniture Market was US$ 17.77 Billion in 2020 and will rise to USD 37.72 Billion by the end of the year 2026, growing at a double-digit CAGR of 13.37% during 2020-2026. India is a place for unique and excellent creative work of furniture. The Indian furniture industry is popular in the nation and internationally because of its rich handicraft and attractive traditional art and design. The Indian Furniture market has evolved over time.
-
American Riviera Bank Reports Strong Core Loan Growth
SANTA BARBARA, Calif.–(BUSINESS WIRE)–American Riviera Bank (OTCQX: ARBV) announced today unaudited net income of $6,132,000 ($1.19 per share) for the six months ended June 30, 2021. This represents a 124% increase in net income from the $2,736,000 ($0.54 per share) earned in the same reporting period in the prior year. In 2021, the Bank has achieved an annualized return on average assets of 1.20% and return on average equity of 14.26%. Unaudited net income was $3,572,000 ($0.70 per share) for the second quarter ended June 30, 2021, compared to the $1,565,000 ($0.31 per share) earned in the same
-
LeaseQuery Announces Rapid Growth Driven by Expanded Product Offerings, Leadership Team, and Industry Partnerships
ATLANTA–(BUSINESS WIRE)–LeaseQuery, a leading provider of purpose-built software for complex accounting, today announced tremendous company growth in the first half of 2021, led by expanded product offerings and a continued focus on the company’s core mission: simplifying the lives of accountants. LeaseQuery’s momentum and rapidly growing customer base—now surpassing 1,500—speaks to significant market opportunity as the lease accounting transition deadline approaches. Moreover, the company’s unmatched in-house accounting expertise and dedication to product innovation speak to the industry’s demand for technology that goes beyond lease accounting compliance. As a part of this tremendous growth, LeaseQuery has achieved
The Number One Source For Business
