Route Mobile to enable CPaaS solutions for Bank of Maharashtra to enhance customer communications

13 Jan 2022 , 10:45 AM

WhatsApp Banking services will be available to both Bank of Maharashtras customers as well as non-customers, with basic banking facilities and information about banks products and services. These services will include balance inquiry, mini statement, cheque status inquiry, cheque book request, locate branch/ ATM, opt-in, opt-out, contact us information. It will be available on Android and iOS devices.

The company posted a 28.6% jump in consolidated net profit to Rs 42.07 crore on a 24.7% increase in net sales to Rs 435.67 crore in Q2 FY22 as compared to Q2 FY21.

Route Mobile is a cloud communications platform service provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO). RMLs portfolio comprises solutions in messaging, voice, email, SMS filtering, analytics, and monetization.

Shares of Route Mobile were trading 0.42% lower at Rs 1,870 while Bank of Maharashtra shed 1.46% to Rs 20.20 on BSE.

Powered by Capital Market – Live News