Federal Bank, one of the leading private sector Bank with presence across the country, began its journey from humble backgrounds to reach the stature of an institution with national prominence & character. The Bank aspires to be the most admired Bank in the country and fuelling its dreams are the 9 million and growing customer base who have always been loyal to the bank as the Bank is loyal to them. With a rich legacy of 7 decades, Federal Bank today commands the respect of the nation.
Headquartered in Aluva, Kerala the Bank’s scrips are widely held and are listed in the Bombay Stock Exchange and National Stock Exchange in India. The Bank’s global depository receipts are listed at the London Stock Exchange. The Bank has built its empire on the twin values of ethics and excellence and this has propelled the Bank throughout its journey. With 1,200 plus branches, 1,600 plus ATMs and a committed, experienced & energetic work force, Federal Bank now has its presence across the nation. To service the NRIs, who have been its pillars of strength, the Bank operates Representative Offices at Dubai and Abu Dhabi in the UAE. The Bank today handles 15% of the total NR remittance to the country and this is testimony to our relationship with the NR diaspora. The Bank also has an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City). Transformation is inevitable and for us at Federal bank it has been no different. The Bank believes in transforming itself, keeping its principles intact, to match the beats of the industry and the expectations of our stakeholders. Technology is the new buzzword and it has left its indelible mark in the banking industry as well. For us at Federal Bank, technology is the yet another opportunity to match the needs of our customers/stakeholders. We have been a partner to this ‘Technology bandwagon’ by launching a bouquet of technology products (and in some case the ‘Pioneers’) which has made the retail customer’s banking experience, easy and convenient. The bank has a rich collection of time-tested Banking products. However, we believe in customising our offerings to match the needs of our customers.
At Federal Bank, we believe in giving back to the society we live in. Through the CSR initiatives, the Bank takes consistent strides in ensuring sustainable development for the society making it socially, culturally and economically empowered.
Federal Bank has always been a pioneer in path-breaking digital innovations. Through our digital forays, we aim at influencing each customer's life digitally. We believe that embracing innovation helps us respond quicker to the changing market conditions, while meeting growing customer expectations.
To name a few: a. The Bank pioneered the unique facility of Mobile based Bank Account Opening as an upgrade to FedBook, the e-passbook, in 2015 thus making it the world’s first Mobile App for Account opening b. Federal Bank is a formidable player in the Open Banking space where Bank opens-up its APIs to facilitate new business models and partnerships.Read more...