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Federal Bank

#2497

Rank

$5.65B

Marketcap

IN India

Country

Federal Bank
Leadership team

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)

Products/ Services
Banking, Finance, Financial Services
Number of Employees
1,000 - 20,000
Headquarters
Kochi, Kerala, India
Established
1931
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
FEDERALBNK.NS
Social Media
URL
https://www.federalbank.co.in
Overview
Location

Summary
History
Mission
Vision
Key Team
Recognition and Award
References
Summary
The Federal Bank Limited provides a range of banking and financial services in India. It operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company's deposit products include savings accounts, current accounts, noor personal accounts, demat accounts, salary accounts, fixed deposits, cash certificates, recurring deposits, exchange earners' foreign currency accounts, gilt accounts, and NRI deposit schemes. Its loan portfolio comprises personal, gold, housing, car, property, educational and career, instant digital, SME business, agri and agri allied, and other loans; loans against sovereign gold bonds and fixed deposit; term loans, project finance, and working capital loans; and debit and credit cards. The company also provides life, health, and general insurance products; cash management, wealth management, and merchant banking services; mutual funds, sovereign gold bonds, online trading, and national pension system; treasury products; and remittance, fund transfer, payment and collection, bill discounting, bank guarantees, letter of credit, packing credit limit, trade finance, LC bill discounting, internet banking, mobile banking, ATM, and tele banking services. As of March 31, 2022, The Federal Bank Limited operated 1,282 branches and 1,885 ATMs/recyclers. The company was formerly known as Travancore Federal Bank Limited and changed its name to The Federal Bank Limited in March 1947. The Federal Bank Limited was incorporated in 1931 and is based in Aluva, India.
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
Our mission is to be the most preferred financial institution through superior customer service, employee satisfaction and growth.
Vision
We will become the most preferred regional bank in India by participating in the national economic development through successful business strategies.
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
Federal Bank has been bestowed with many awards and recognitions in the year 2017-2018: IBA Banking Technology Excellence Awards – Best use of Analytics in Banking 2018, The Economic Times Best Banks Survey – Second Best Domestic Private Bank award etc.
References

https://en.wikipedia.org/wiki/Federal_Bank

https://in.investing.com/equities/the-federal-bank

https://finance.yahoo.com/quote/FEDERALBNK.NS/profile?p=FEDERALBNK.NS

https://www.crunchbase.com/organization/federal-bank-ltd

https://companiesmarketcap.com/

https://www.federalbank.co.in

Federal Bank
Leadership team

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)

Products/ Services
Banking, Finance, Financial Services
Number of Employees
1,000 - 20,000
Headquarters
Kochi, Kerala, India
Established
1931
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
FEDERALBNK.NS
Social Media
URL
https://www.federalbank.co.in
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