Federal Bank
#2580
Rank
$5.65B
Marketcap
India
Country
Mr. Shyam Srinivasan B.E, P.G.D.M (MD, CEO & Director)
Ms. Shalini Warrier B.Com, CA (COO, Bus. Head of Retail Banking Products & Additional Exec. Director)
Mr. Ashutosh Khajuria B.Sc., CAIIB, DTIRM, LLB, MA (Exec. Director)
Summary
History
The Federal Bank Limited was incorporated with an authorized capital of ?5,000 at Nedumpuram, a place near Thiruvalla in Central Travancore on 23 April 1931 under the Travancore Companies Act. It started business of auction-chitty and other banking transactions connected with agriculture and industry.
The bank was named Federal Bank Limited on 2 December 1949, after completing the formalities of Banking Regulation Act, 1949. It is considered as one of the major Indian commercial banks in the private sector having more than thousand branches and ATMs spread across different States in India. Between 1963 and 1970, Federal Bank took over Chalakudy Public Bank , Cochin Union Bank in Thrissur, Alleppey Bank , St. George Union Bank in Puthenpally, and Marthandam Commercial Bank in Thiruvananthapuram. The bank launched its initial public offering in 1994.
The bank became a Scheduled Commercial Bank in 1970, which also coincided with the Silver Jubilee Year, since the bank commenced its operation in Aluva and is currently the fourth largest bank in India in terms of capital base.
In January 2008, Federal Bank opened its first overseas representative office in Abu Dhabi.
In November 2016, Federal Bank opened its second UAE representative office, in Dubai.
Mission
Vision
Key Team
Mr. Ajith Kumar K. K. (Pres & Chief HR Officer)
Mr. Harsh Dugar (Group Pres & Country Head of Wholesale Banking)
Mr. Venkatraman Venkateswaran (Group Pres & CFO)
Mr. Souvik Roy (Head of Investor Relations)
Mr. Sunil K. N. Kumar (Sr. VP & Chief Compliance Officer)
Mr. M V S Murthy (Chief Marketing Officer)
Mr. Surendran Amittathody (Head of Retail Bus. and Gen. Mang. of RBD & IBD)
Recognition and Awards
References
Mr. Shyam Srinivasan B.E, P.G.D.M (MD, CEO & Director)
Ms. Shalini Warrier B.Com, CA (COO, Bus. Head of Retail Banking Products & Additional Exec. Director)
Mr. Ashutosh Khajuria B.Sc., CAIIB, DTIRM, LLB, MA (Exec. Director)