Case Study
India's Largest Bank Navigates Crises with Confidence with Locobuzz
In early 2020, a major financial institution faced a crisis due to leadership changes and concealed loans that led to mounting debts. A regulatory body intervened, imposing a moratorium that restricted customer withdrawals and halted most credit services.
This sparked widespread concern among customers, who feared the institution’s collapse despite assurances of a recovery plan.
Leveraging Locobuzz’s advanced Online Reputation Management (ORM) tools, the institution effectively handled the crisis:
Real-Time Monitoring
Our Response Dashboard enabled the team to prioritise and respond to urgent customer mentions swiftly.
Consistent Communication
With integrated FAQs and automated responses, customers received timely and accurate information during critical moments.
Insight-Driven Strategy
Real-time analytics and sentiment tracking guided the institution’s communication, ensuring a proactive approach to crisis management.
