Federal Bank Ltd

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Federal Bank Ltd

  • First, among the traditional banks in the country to introduce Internet Banking Service.
  • First Bank to offer Electronic Telephone Bill Payment in the country.
  • First bank in India to be the Sponsor Bank for White Label ATMs.
  • First bank in India to offer FedBook - the mobile based electronic passbook for its customers

Federal Bank Ltd is a major Indian commercial bank in the private sector headquartered in Kerala having more than thousand branches and ATMs spread across different States in India.

It is the fourth largest bank in India in terms of capital base.

The rating factors in the long standing track record of the bank, high level of capitalization aided by the successful global depository receipt (GDR) issue and internal accruals, strong solvency position, higher profitability and improving risk management systems and technology orientation.

As of October 2014, the Bank has 1,216 branches spread across 24 states and 1,449 ATMs across the country. Its balance-sheet stood at Rs 1.03 trillion (US$ 16.44 billion) as of end March 2014 and its net profit stood at Rs 8.39 billion (US$ 133.99 million) for the full fiscal year.

Source: : http://en.wikipedia.org/wiki/Federal_Bank

Federal Bank Ltd: Your perfect banking partner

2015 Federal Bank received Banking Frontier's Finnoviti 2015 Award for its innovative product ‘Scan N Pay’.
2014 Won the CNBC Award for Financial Inclusion.
2013 Was awarded ‘The Best Bank among Private Sector Banks’ constituted by Institute of Public Enterprises (IPE).
2007 Won the Banking technology award instituted by Indian Banks Association for the Best clearing & Settlement System.
1989 Commenced merchant banking operations.
1965 Merged with St. George Union Bank Ltd.
1931 The bank was incorporated.

Updated: March, 2015

Total banking assets in India is expected to cross US$ 28.5 trillion in FY25.
x IBEF : India Brand Equity Foundation