Fullerton India has been conferred with the coveted 'Golden Peacock Innovative Product Award 2014' for its unique merchandise loan product./p>
The award was presented by Smt. Sheila Dikshit, Governor of Kerala in Trivandrum. Fullerton India won the award for its efforts in partnering with several manufacturers to promote the adoption of eco-friendly products such as solar lamps, water filter, eco-stoves etc., through a unique financing model for the end-user. Thus, improving the quality of life in over 600 rural towns and 30,000+ villages.
Fullerton India Credit Company Limited bagged the Asset Award for Best Electronic Banking Implementation, India in the Asset Triple A Treasury, Trade and Risk Management Awards ceremony held on 8th April 2014 in Hong Kong. The award was won for innovative use of Internet and Mobile platforms. The Asset Awards have been recognised as Asia's defining recognition for excellence in the industry since they were first conveyed in 2004.
Mr Arvind Sampath, the Treasury Head of Fullerton India, bagged 'Treasurer of the Year for India' Award, at the Asset Triple A Awards 2014, hosted by Asset Magazine in Hong Kong. The Asset Triple A Awards has been widely acknowledged as Asia's defining recognition for excellence in the industry. The recognition is a reaffirmation of the efforts to elevate Fullerton India's treasury into one of the most skilled and active functions in the Indian NBFC sector.
Fullerton India was awarded the ‘ABP News Annual Global CSR Award for Community Development’ for the second time in a row for our extensive and sustainable contribution to rural India through its various Livelihood initiatives for women. The award was presented in Mumbai on 17th February 2014.
Fullerton India Credit Company Ltd., bagged the ‘Best Use of Direct Marketing to Rural Customers’ award at the Rural Marketing Forum held in Mumbai on the 14th of February. The award is in recognition of the company’s success in the direct marketing of its products using its robust last mile distribution network in Rural India.
Fullerton India has adopted the ‘Four A’s’ marketing approach which has helped successfully market many products across the branch catchment areas it operates in. The Four A’s approach strategically addresses the biggest challenges of the rural markets. It uses Fullerton India Gramshakti’s strong distribution model to directly market products to consumers, thus leading to increased awareness and sales.
Fullerton India Credit Company Ltd. bagged two awards at the ABP BFSI Awards held in Mumbai on the 14th of February. It won the first award for the ‘Innovative Initiative in Social Sector’ for its unique Merchandise Loan product that enables rural households to access products that provide energy and safe drinking water. The second award was won for the ‘Best Use of Mobile Technology in Financial Services’ for the adoption of innovative bio-metric based transaction devices in the operations of Fullerton India’s rural business, Gramshakti./p>
In addition to its core business of financial services, Fullerton India has partnered with several companies to promote relevant products like solar lamps, water filters and Eco cook stoves. Using its extensive reach and its 2700-strong team of field officers, Fullerton India promotes these products to its customers, creating awareness and generating interest. More importantly, it enables interested households to adopt these eco-friendly products by providing them a unique Merchandise Loan to acquire these products. From April 2012 to December 2013, Fullerton India financed more than 200,000 solar lanterns, water filters, Eco cook stoves and bicycles. Thus, helping improve the quality of lives and standard of living of nearly 200,000 rural households.
Fullerton India’s Rural Finance Business, Gramshakti, has a strong foothold in seven states of Rural India, with a customer base of over 600,000 rural households. With an enviable reach that covers the last mile between the branch and the end customer in over 30,000 villages, Fullerton India’s Gramshakti network enables financial inclusion of the under-served and un-served segments of the rural markets. It is one of the pioneers in adoption of the innovative bio-metric authentication processes for transactions enabled by mobile hand-held devices, thereby enabling the company to provide better and faster
Flame Award for 'Excellence in Rural Marketing & Communication'Fullerton India won a Gold Award at the 10th Annual Flame Awards for 2013 at New Delhi on 17th Jan, 2013. The Flame Awards are given for Excellence in Rural Marketing & Communication and the award was given for the 'Last Mile Distribution & Channel Development Initiative of the Year'. Fullerton India Gramshakti's Marketing Initiative that promotes and helps rural households adopt products like Solar Lamps, Eco-Cook Stoves, water filters, bicycles etc, which improves the quality of lives of rural households and also helps enhance their productivity.
Fullerton India was awarded the First Runner-up in the medium scale category at the Amity Global Business School CSR Award at Indore, M.P. on 14th December 2013. The Award was given to Fullerton India for its extensive and sustainable contribution to rural India in its efforts to promote Livelihood Advancement Initiative particularly for women./p>
Fullerton India was awarded the EMC Transformers Award 2013 at the Annual EMC Forum event held in Mumbai on November 26, 2013. The EMC Transformers Awards seek to identify and recognize the change being brought in the Indian enterprises through the smart and judicious use of IT. Fullerton India won the award for the innovative Desktop Refresh strategy using Citrix technology & Thin Clients in ADaaS (Application Delivery as a Service) model from Anunta.
Fullerton India won the EDGE Award for its BCP/DR project under 'Cloud Computing' Category, at the EDGE Awards ceremony held on Friday, 25th October in Mumbai. EDGE (Enterprises Driving Growth and Excellence) recognizes and honours companies in India that have demonstrated the best use of technology to solve a business problem, improve business competitiveness, and deliver quantifiable ROI to stakeholders. Fullerton India won the award for innovative use of Cloud Computing to deliver Business Value. The solution included setting up a dual data centre for redundancy and for disaster recovery purpose without incurring major capital investment in building up the secondary data centre.
Fullerton India was awarded the FIPS 2013 award for the 'Innovative use of technology for Financial Inclusion', held in in Delhi on the 25th of October. The award was won for the biometric based 'Smart Handheld device on Field' device, which facilitates the loan instalment collection process in the rural markets. This system has been a unique feature of Fullerton India's rural business operations – offering both convenience and transparency in transactions to customers. Currently Fullerton India's rural does over 1.5 Million transactions through these hand held biometric devices every month.
Fullerton India was awarded the 'Cloud Conqueror Special Award' at the CIO100 Award ceremony held on 6th September, 2013, organised by the by IDG Media group. The award was conferred for the innovative use of Cloud Computing to deliver Business Value. The solution included setting up a dual data centre for redundancy and for disaster recovery purpose without incurring major capital investment in building up the secondary data centre.
Fullerton India was awarded the 'Best Rural development Program' at Sustainable Leadership Summit held on September 24th, 2013 at Dubai. The Award was given to Fullerton India for its extensive and sustainable contribution to rural India in its efforts to promote Livelihood Advancement Initiative particularly for women.
Fullerton India was awarded the 'Best Community Development Program' at Asia's Best CSR Practice Award on August 1st, 2013 at Singapore. The Award was given to Fullerton India for its extensive and sustainable contribution to rural India through its various Livelihood for women.
Fullerton India was awarded the 'Best Community Development Program' at Corporate Excellence Award on June 29th, 2013. Endorsed by CMO Asia, the Corporate Excellence Awards are given out to corporates for excellence across all disciplines including Corporate Social Responsibility, IT, Finance & Marketing. Fullerton India won the awards for the sustainable work that it has been doing in Rural India as part of its Livelihood Advancement Initiative
Fullerton India was awarded for the 'Best Community Development Program' at the Responsible Business summit on June 28th, 2013. The award was given for the sustainable work it has been doing in Rural India as part of its Livelihood Advancement Initiative. Fullerton India organised over 700 programs in 2012-13, benefitting more than 31,200 households last year alone.
Fullerton India was awarded for the 'Best Corporate Social responsibility Practice' at the Responsible Business summit on June 28th, 2013. The Responsible Business Summit is a symposium on sustainability and was attended by leading Indian corporate. The award was given for the exemplary work done by Fullerton India towards development of rural India and its communities, helping them improve their income and standard of living.
On World CSR Day, 18 February'13, Fullerton India was awarded the 'Best Community Development Programme' by ET NOW. The award was conferred for the Rural Livelihood Advancement Initiative and the extent of impact of our activities in 2012. In 2012 over 12000 rural households w ere benefitted through over 400 vocational training programs conducted by Fullerton India.
Fullerton India won the Runner-Up Award at the Asia Microfinance Conference in Singapore on 25 January 2011 for innovation in Technology. The award was conferred to Fullerton India for deploying a straight through processing of weekly field collections onto a centrally hosted core lending platform./p>
Fullerton India was conferred as one of the World's Hottest Brands in 2010 for their "below-the-line-only" strategy using their own local branches and staff to reach new consumers. Fullerton India competes with other personal-finance and microfinance institutions in India across both urban and rural markets. As a relative newcomer in the market, Fullerton India has tried to distinguish itself by owning the customer./p>
Through this 'reach-out' initiative, Fullerton India has created a base of more than 600,000 customers in the past three years. Importantly, 50% of those customers are categorized as first-time borrowers with financial institutions, proving Fullerton India did find a way to reach a whole new group of consumers.
Fullerton India wins Golden Peacock Innovative Product Award 2010 for SampoornaSuraksha – the Group Insuarnce product proposition offered to customers of Fullerton India in the Innovative Product Award category. The award recognizes excellence in product design and concept, execution with benchmark attachment rates and claims service experience of customers. With over 600,000 customers covered under the proposition and still maintaining the customer attachment levels during the acquisition process, "SampoornaSuraksha" has become synonymous to Insurance within the company and its customers.
Fullerton India's "Robust and scalable IT Infrastructure" received the award in the category – Skoch Virtual Corporation Award on Sept 22 2010 – Digital Inclusion Day, in New Delhi.
This award recognizes and felicitates the unique and innovative implementations like low cost ADSL network, secured access to mobile/laptops users, Open office, low cost voice network, early adoption of RF network, open source citrix/virtualisation, open source mailing solutions all these helped in providing quick rollout with sustainable performance and in excess of 10% savings on the budget.
On 22nd December 2009, Fullerton India was awarded the "Company with the Best CSR Practices 2009" Award by the Indian Merchants' Chamber and the Asian Centre for Corporate Governance & Sustainability. Fullerton India has been awarded this year's award for Best Corporate Sustainability & Responsibility Practices for setting up a unique financial services company to promote inclusive growth in the mass market, community care initiatives and for evaluating its Socio-Economic impact through its Social Accounts in a comprehensive and unique manner./p>
© Copyright 2015 Fullerton India