FlexiLoans offers FlexiTimings for Femployees
Banking Frontiers|March 2023
For all attrition cases, FlexiLoans ensures exit interview data is collected and analysed:
FlexiLoans offers FlexiTimings for Femployees

FlexiLoans is amongst India's top MSME-focused digital NBFC growing at a CAGR of 500% with more than ₹10 billion of disbursements to more than ₹1.5 million registered users across 1400 cities through 100% digital originations and zero branches.

Gitanjali Mayani heads sales at FlexiLoans. From her extensive experience in banking of over 2 decades, she brings to the table a wide range of skills relating to loans and banking, wealth management, and call centre operations. She has worked in the branch setup in Standard Chartered Bank as well as on the digital platform at Bankbazaar.com.

STRENGTH OF EMPLOYEES, TEAM

Flexiloans has strong representation of women employees across all levels and functions of the organization. Primarily, teams such as sales, credit, HR and business development have higher representation of women employees. Current women representation at Flexiloans is over 31% out of a total strength of 355 employees. Gitanjali heads a team of 100+ employees, who convert leads into logins with credit for underwriting. She updates: "This FY we have hired 54 women employees across multiple roles up to third quarter. Women occupy a higher ratio in roles at junior and middle management levels. Top leadership comprises of 25% women leaders. My team helps the customers to complete their post-sanction documentation, so they can get the business loan disbursal in the fastest possible time."

ACCEPT INNOVATIVE IDEAS

Gitanjali's team at FlexiLoans comprises almost 50% of women with 25% in leadership positions. The suggestion that the company should outsource call centre activities rather than use inhouse employees came from a woman team member. Gitanjali informs: "This has led to the organization saving almost 30% in terms of cost as well as having unlimited ability to scale at a much faster pace."

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BANKING FRONTIERSView all
It's a bank and a brokerage - FinecoBank
Banking Frontiers

It's a bank and a brokerage - FinecoBank

FinecoBank of Italy is a highly tech-enabled bank that is a combination of a bank and a brokerage:

time-read
3 mins  |
November 2024
A model for cloud adoption - Zurich Cantonal Bank
Banking Frontiers

A model for cloud adoption - Zurich Cantonal Bank

The bank is had opted for cloud to offer better service to its customers:

time-read
3 mins  |
November 2024
RBI Governor urges NBFCs to adhere to fair practices code
Banking Frontiers

RBI Governor urges NBFCs to adhere to fair practices code

The Reserve Bank of India (RBI) Governor has urged Non-Banking Financial Companies (NBFCs) to strictly adhere to the Fair Practices Code, emphasizing sustainable growth and robust risk management in the sector.

time-read
1 min  |
November 2024
Automated, Adaptive, Al-enabled Architecture is a must
Banking Frontiers

Automated, Adaptive, Al-enabled Architecture is a must

Security heads from 2 BFSI companies reveal the key cyberfrauds and strategies to combat them:

time-read
4 mins  |
November 2024
Fraudsters too gain ground as real-time payment systems grow
Banking Frontiers

Fraudsters too gain ground as real-time payment systems grow

There is a need for the technologies behind the real-time payment systems to gain a march over the methods of fraudsters:

time-read
5 mins  |
November 2024
Ethics & Challenges of AI in Cyber security: Navigating the Moral Maze
Banking Frontiers

Ethics & Challenges of AI in Cyber security: Navigating the Moral Maze

Even as AI is finding its place in the cyber security domain, an entirely new frontier of ethical challenges awaits.

time-read
3 mins  |
November 2024
Bangladesh Finance: 25% faster customer service; 15% higher customer retention
Banking Frontiers

Bangladesh Finance: 25% faster customer service; 15% higher customer retention

Bangladesh Finance, established in 1999, is a leading financial institution in Bangladesh.

time-read
5 mins  |
November 2024
Fino sparkles with technology & brand upshift
Banking Frontiers

Fino sparkles with technology & brand upshift

Fino Payments Bank started operations in June 2017, providing banking services to mass market customers, who are largely rural-based.

time-read
4 mins  |
November 2024
Savington Upshifts: 48% Faster, Churn down 31%
Banking Frontiers

Savington Upshifts: 48% Faster, Churn down 31%

Savington International Insurance Brokers LLC, founded in 2006 by Dev Maitra, is a prominent insurance provider in the UAE.

time-read
4 mins  |
November 2024
Zoroastrian Bank: Multiple awards for being the Best
Banking Frontiers

Zoroastrian Bank: Multiple awards for being the Best

Established in 1927 by Sir Hormusjee Cowasjee Dinshaw Adenwalla, Zoroastrian Bank is a prominent urban cooperative bank headquartered in Mumbai, India.

time-read
7 mins  |
November 2024