You are here: Home » News-ANI » Business
Business Standard

AU Small Finance Bank enhances its digital banking offering for SME and MSMEs

Topics
Business Finance

ANI  |  New Delhi [India] 

AU Small Finance Bank, a Fortune 500 company, is now going to enhance its digital banking services especially for SME and MSMEs.

AU Bank announced a project implementation of corporate internet banking and cash management platform through iCashPro+ here today.

It is a product by Aurionpro Solutions that empowers banks to offer custom made products and services to their corporate and MSME/SME customers with seamless customer experience across multiple delivery channels.

It is a step towards digital transformation for SMEs and MSMEs as they are offered convenient and unified digital banking services. AU Bank has already started this project work with AurionPro. Soon, the offering will be extended further to a large pool of MSME and SME clients.

"iCashPro+ will help AU Bank to accelerate growth in corporate and banking portfolio by offering specialised products and services especially to our MSME and SME clients. We look forward to bridging the gap for those customers with this significant offering in digital banking," said MD and CEO, AU Small Finance Bank, Sanjay Agrawal.

iCashPro+ is designed to provide comprehensive day to day services with a robust back end engines for 100 percent automated payments and accounts receivables operations, easy bulk payments, need based collection/payment/trade modules, checking balance, downloading statements etc. To provide easy access, these services can be availed anywhere via net banking as well as mobile banking.

"We are delighted to be chosen as a partner of AU Bank for offering digital banking to their customers. Our partnership with the bank is built on product and domain expertise and understanding of the local market and customer needs of over two decades," said Global Head Banking, Aurionpro, Shekhar Mullatti.

AU Bank's objective is to support and help SMEs to become digital-savvy. The bank has a wide reach in B15 cities and a great market presence in start-up, SME and MSME segment. With this offering, the bank will further simplify banking for this segment.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, March 06 2018. 16:35 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU