HDFC Bank launches ‘Vigil Aunty’ campaign to promote freedom from fraud

HDFC Bank launches 'Vigil Aunty' campaign to promote freedom from fraud

HDFC Bank today announced that the Bank will celebrate 75 years of India’s independence by launching a new campaign, ‘Vigil Aunty’, which will encourage people across the country to practise safe banking habits. This will complement the Bank’s popular ‘Mooh Band Rakho’ campaign which urges people not to share their confidential banking information with others.

Ms. Anuradha (Anu) Menon, who popularised the Lola Kutty character, will be the protagonist of this campaign. Through a series of videos, reels, chat shows, Ms. Menon, as Vigil Aunty, will be creating awareness on safe banking do’s and don’ts.

Vigil Aunty will motivate citizens to stay vigilant by keeping them informed about the modus operandi of financial fraudsters, ways to detect cyber fraud attempts and how to stay safe. She will host chat shows on social media platforms and discuss some of the recent incidents of cyber frauds with celebrity guests. 

Vigil Aunty will be a social media influencer with a presence on Instagram and Facebook. She will also have her own WhatsApp number (+91 72900 30000) to connect with customers. HDFC Bank’s website will have a dedicated page that will create awareness on cyber frauds.

Commenting on the launch of this campaign, Mr. Sameer Ratolikar, Chief Information Security Officer, HDFC Bank, said: “Fraudsters are increasingly adopting social engineering tactics to steal money from customers’ bank accounts. On the pretext of offering certain services or promising help, the fraudsters are luring customers into sharing their PINs, OTPs, passwords, and other confidential banking information with them. Hence, there is a need to educate customers on safe banking habits and make them aware of the various modus operandi used by fraudsters. At HDFC Bank, we recognise our role in creating this awareness.”

“In the online world, customers are increasingly engaging with social media influencers and content creators to seek information and guidance on a wide variety of topics, ranging from food to travel to entertainment. Hence, we decided to create our very own social media influencer, Vigil Aunty, to provide customers with information on safe banking habits. Anu Menon fitted the role perfectly as she is highly effective in engaging with people; her comic actions with her command over several languages leads us to believe that she will be able to inspire people across the country in adopting safe banking habits. We decided to mark the 75th year of India’s independence through a campaign that will promote freedom from fraud by spreading awareness on the topic,” Mr. Ravi Santhanam, Chief Marketing Officer and Head Corporate Communications, Liability Products and Managed Programmes, HDFC Bank said.

HDFC Bank launches 'Vigil Aunty' campaign to promote freedom from fraud

The campaign will run for four to six weeks to popularise Vigil Aunty and encourage people to follow her on social media and/or through WhatsApp. However, as a social media influencer Vigil Aunty will have a continuous presence in the digital ecosystem and will continue to inform customers about various modus operandi of financial fraudsters and how to stay safe from them.

HDFC Bank has been proactively educating consumers and raising awareness on fraud prevention. Since November 2021, the Bank has conducted more than 2,800 secure banking workshops across the country. The workshops have seen participation from students, teachers, educational institutions, law enforcement agencies, senior citizens, channel partners, and housing societies.

 HDFC Bank launches Rising Bankers programme withAmity Global Business School

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HDFC Bank, India’s largest private sector bank, in association with Amity Global Business School (AGBS), one of India’s leading educational institutions, has launched an 8-month certification programme known as ‘Rising Bankers’ for aspiring bankers. The programme aims to turn young graduates into well-trained, customer-facing personnel. It involves on-campus learning, an internship, and a full-time job opportunity at the Bank on successful completion of the certification.

The programme is accepting applications from candidates across the country looking to get real world experience and earn while they learn. Through this programme HDFC Bank will create a pipeline of qualified talent who will offer a consistent, high-quality customer service experience across geographies and languages in the country.

The programme will train candidates in all facets of banking operations in a working environment. The 8-month course will entail a 5-month stint at the state-of-the-art facility at Amity Global Business School campus in Noida, where candidates will attend residential classroom sessions. This will be followed by a 3-month paid internship at any HDFC Bank branch across India.

On successful completion of this intensive programme, the students will be employed with HDFC Bank as a Customer Care Executive or Customer Experience Executive with a starting salary of Rs 3 lakh per annum Furthermore, they will be awarded a PG Diploma in Customer Experience Management from AGBS.

We have institutionalised a service-first culture at HDFC Bank. To ensure that we are able to deliver on this promise we are looking at different ways to build our talent pipeline. The Rising Banker programme is one such avenue that will enable us to nurture fresh talent today to develop them as young leaders of tomorrow,” said Mr. Vinay Razdan, Chief Human Resource Officer, HDFC Bank. “We are certain that through this partnership with Amity Global Business School, we’ll be able to ensure a consistent, high-quality standard of customer service across touchpoints.”

Candidates can apply from the HDFC Bank site: https://risingbankers.myamcat.com/

Eligible candidates will need screened through an online entrance exam followed by an interview. The course fee is Rs. 2.2 lakh + taxes.

Mr. Abheek Barua, Chief Economist and Executive Vice President, HDFC Bank, commentary on RBI Monetary Policy

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The RBI delivered a textbook policy announcement today – one that is frontloaded and aggressive in response to inflation that remains high while the growth momentum remains reasonably positive.  Accordingly, the RBI kept its inflation forecast unchanged at 6.7%, sounding caution on uncertainty around inflationary pressures despite the recent moderation in global crude oil and metal prices. The central bank kept its stance unchanged at “withdrawal of accommodation” signalling yet again that the notion of stance is being defined by the liquidity in the system and in turn the overnight rate.

Unlike previous policies, the central bank also focussed on the resilience of external balances implicitly communicating its preference for not just a less volatile rupee but also perhaps some resistance towards very sharp depreciated levels of the rupee.

We expect the RBI to continue with its rate hikes in the upcoming policies taking rates up to 5.75% by the end of the year. The bond market rally seen over the last few days is likely to reverse and we expect the 10-year paper to trade closer to 7.3-7.4% by the end of the quarter as markets reprice in RBI action and the supply of both SDL and central government bonds this year.

HDFC Bank Parivartan signs MoU with IISc Bangalore

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HDFC Bank Parivartan today signed a memorandum of understanding with the Indian Institute of Science (IISc) Bangalore. As per the MoU, HDFC Bank Parivartan has pledged Rs.107.76 Crore to support three wings of Bagchi-Parthasarathy Hospital, IISc Bangalore. The three wings to be supported by the Bank are the Cardiology Wing, Radiology wing, and Emergency Medicine wing. 

IISc Bangalore is setting up a multi-speciality, not-for-profit, 832-bed hospital, called the Bagchi-Parthasarathy Hospital along with a Postgraduate Medical School within its Bengaluru campus. The hospital is expected to be fully functional by end of 2024 while the first batch of MD/PhD students will be admitted in the year 2025.

HDFC Bank has partnered with IISc Bangalore for the first time with the aim of improving the healthcare infrastructure in the region..

Listed below is the direct impact of HDFC Bank’s partnership with IISc Bangalore within the first five years (2025-2029):

  • The Cardiology wing is expected to see about 1,83,000 patients in the outpatient section and 18,300 patients in the in-patient section and train atleast 20 super specialist doctors 
  • The Radiology wing is expected to benefit an estimated 4,28,326 patients in the first five years and train 20 super specialist doctors. 
  • The Emergency medicine wing will benefit 56,304 patients and train 50 super specialist doctors
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HDFC Bank’s partnership with IISc Bangalore is aligned with our commitment to improve healthcare and medical infrastructure across the country,” said, Ms. Ashima Bhat, Group Head, ESG & CSR, Business Finance & Strategy, Administration and Infrastructure, HDFC Bank. “The new hospital and the medical school will not only bolster the healthcare needs of the entire region but will also provide a new generation of physician-scientists. HDFC Bank has always supported nation-building activities and the impact of the medical school/hospital is expected to set the tone for sustainable health goals and policies for the nation. It will serve as a model of clinical research and training that can be emulated across the country. We look forward to working closely with IISc Bangalore in this journey.”

Prof Govindan Rangarajan, Director, Indian Institute of Science said, “After pursuing excellence in science and engineering research for 113 years, IISc has embarked upon a new frontier of clinical research through the establishment of the Bagchi-Parthasarathy Hospital and IISc Medical School. We are thankful to HDFC Bank for being a major partner in this new initiative and providing support for the establishment of three important wings: Cardiology, Radiology, and Emergency Medicine at the Hospital. We look forward to expanding this engagement with HDFC bank in transforming the future of healthcare in this country.” 

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HDFC Bank is the amongst the largest corporate CSR spenders in the country. The bank’s key focus areas include care for climate, rural development, education, skill development, healthcare & hygiene and financial literacy under Parivartan.

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