Thu, Feb 23, 2017 | updated 05:09 PM IST

ABFRL's Madura F and L launches 'Buddy' from SBI across its 1200 plus stores

Updated: Jul 23, 2016 13:14 IST

Mumbai, July 23 (ANI-Newsvoir): Madura Fashion and Lifestyle (MF and L), a division of Aditya Birla Fashion and Retail Limited, India's largest pure play fashion apparel company has partnered with India's largest public sector bank - the State Bank of India (SBI), to launch payments through their mobile wallet 'State Bank Buddy' across their retail network to create exciting shopping experiences for customers across the country.

'State Bank Buddy', launched in August 2015, is a new age mobile wallet that has for the first time integrated physical retail customers across Madura F and L's leading brands and retail network in the country.

Madura F and L boasts of a rich portfolio of leading brands, including Louis Philippe, Van Heusen, Allen Solly, Peter England, Planet Fashion, People, The Collective and Hackett London. 'State Bank Buddy' will create a seamless, cashless & secured payment option with Madura F and L's retail customers across its pan India store network.

A unique digital initiative launched by SBI, 'State Bank Buddy' is available in 13 languages and enables everyday payments for customers across services like online shopping, bill payment, travel and hotel bookings and more. This new collaboration will result in creating a powerful and dynamic customer base for both the entities. Madura F and L's extensive store network spread across 1200 plus stores will now tap into SBI's large network of creating synergies for both the entities.

On this occasion, SBI Chairman Arundhati Bhattacharya congratulated the team for a comprehensive vision on payment and emphasized on the need to focus on the Government's Digital agenda to create a cashless society. She said "The Bank will ensure that with Buddy and other digital innovations, the Bank would cater to the needs of every single Indian, staying true to the motto of being the 'Banker to Every Indian'."

Ashish Dikshit, Business Head - Madura Fashion and Lifestyle, Aditya Birla Fashion and Lfiestyle, said, "We are happy to partner with SBI, India's largest bank on its foray into digital payments with our retail network across the country. MF and L's strong brands together with SBI's payment platform will create a delightful shopping experience for all our customers." (ANI-Newsvoir)

New Delhi [India], Feb 23 (ANI-NewsVoir): WittyFeed, world's second largest and India's largest viral content company has also emerged as 20th most visited websites in India surpassing the most major social networking sites Twitter and Instagram being the fastest and youngest company to attain this ranking. The latest Alexa ranking as on 22nd February shows as the 20th most visited website in India. This is an enormous achievement for the viral content website from tier II cities in India called Indore.

Full Story >>

New Delhi [India], Feb 23 (ANI): Mobile wallet major MobiKwik on Thursday announced an investment of Rs. 300 crore for expansion aimed at growing its user base from current 50 million to 150 million in 2017.

Full Story >>

New Delhi [India], Feb.23 (ANI): White Page International recently released the research and jury based listing of India's Most Admired Brands and Leaders 2016-17 with PwC as Process Reviewers.

Full Story >>

New Delhi [India], Feb 23 (ANI-NewsVoir): Ministry of Skill Development & Entrepreneurship (MSDE) and the Wadhwani Operating Foundation (WOF) announced a partnership aimed to empower Government of India's Pradhan Mantri Yuva Udyamita Vikas Abhiyaan on entrepreneurship.

Full Story >>

New Delhi [India], Feb 23 (ANI): Enforcement Directorate on Thursday attached an amount of Rs.1,02,16,000 in case of Kishore Bhajiawala involved in post demonetization frauds.

Full Story >>

New Delhi [India], Feb 23 (ANI): The Reserve Bank of India (RBI) on Thursday announced that it has imposed a monetary penalty of Rs. one lakh (rupees one lakh only) on Sahebrao Deshmukh Co-operative Bank and Rs. four lakh (rupees four lakh only) on Progressive Co-operative Bank Ltd in Mumbai.

Full Story >>

Mumbai [India], Feb.23 (ANI-Businesswire India): The oil palm division of Ruchi Soya Industries Limited at Lunglei in Mizoram recently conducted digital banking awareness seminars to familiarise the farmers with transacting in a cashless economy.

Full Story >>

New Delhi [India], Feb 23 (ANI-BusinessWireIndia): L&T Technology Services Limited (NSE: LTTS), a leading global pure-play engineering R&D services company, and UTC Climate, Controls and Security and Otis, units of United Technologies Corp., today announced a strategic collaboration to create an innovation laboratory focused on integrated buildings, smart homes and cold chain technologies. The lab will be located at LTTS' Bengaluru campus, with support from the UTC business units.

Full Story >>

New Delhi [India], Feb 23 (ANI-BusinessWireIndia): Prudent Corporate, one of India's leading platform providers, has crossed Rs. 10,000 crore mark in its assets under management (AUM) on 31st Jan 2017. Prudent attribute this growth to its partners, clients and team Prudent and would like to thank them for being a part of this wonderful journey.

Full Story >>

New Delhi [India], Feb 23 (ANI): The Trade Facilitation Agreement (TFA), the first multilateral agreement in the WTO's 21-year history, ratified by two third members of WTO to become a reality.

Full Story >>

New Delhi [India], Feb 23 (ANI): Mylescars, a robust and cost-effective car sharing and self-driving solution, today announced the successful start to its flagship program the Myles Angels program.

Full Story >>

New Delhi [India], Feb 23 (ANI): Global leader in network and endpoint security Sophos has announced appointment of Shamshad Ahmed as director sales for its end-user security group (ESG) business for India and SAARC.

Full Story >>

New Delhi [India], Feb 23 (ANI): India's largest telecommunications services provider Bharti Airtel on Thursday announced that it has entered into a definitive agreement with Telenor South Asia Investments to acquire Telenor (India) Communications.

Full Story >>

New Delhi [India], Feb 23 (ANI-NewsVoir): An abstract of an ongoing study, "Fresh pear (Pyruscommunis) consumption may improve blood pressure in middle-aged men and women with metabolic syndrome," presented at Experimental Biology in San Diego indicates regular fresh pear consumption may improve blood pressure and vascular function in middle-aged men and women with metabolic syndrome (MetS.) MetS, a cluster of major cardiovascular risk factors highly associated with the development of chronic disease such as cardiovascular disease and type II diabetes, affects more than one in three U.S. adults.

Full Story >>

New Delhi [India], Feb 23 (ANI-NewsVoir): Mumbai based Entrepreneur Suresh Khairwar lead International Risk Consultants Insurance Brokers Pvt. Ltd. (IRC) rewrites the history of Indian Insurance industry by introducing Specialized Industrial Insurance to the Indian clients who are aligned to do business with best global practices.

Full Story >>

New Delhi [India], Feb.22 (ANI): The State Bank of India (SBI) on Wednesday said that it had taken cognisance of media reports that the ATM of one of its branches in the Sangam Vihar area of Delhi had allegedly dispensed some fake Rs.2000/- notes on February 6, 2017.

Full Story >>

Washington D.C. [United States], Feb 22 (ANI): The International Monetary Fund (IMF) has said that India's projected growth will be around 6.6 per cent in fiscal 2016-17 due to what it called "temporary disruptions" caused by demonetisation.

Full Story >>

Bengaluru (Karnataka) [India], Feb.22 (ANI): Ola, India's most popular mobile app for transportation, has entered into a first of its kind partnership with Bangalore Metro Rail Corporation Limited.

Full Story >>

New Delhi [India], Feb.22 (ANI): Samsung India's popular television and digital campaign showcasing its initiative of taking customer service to the doorsteps of consumers in the hinterlands has crossed 100 million views on YouTube in just seven weeks of its launch.

Full Story >>