History and Milestones of

Описание: Federal Bank Limited is an Indian private sector bank headquartered in Aluva,Kochi, Kerala. The bank has 1,370 branches spread across different states in India.It also has representative offices abroad in Abu Dhabi, Qatar, Kuwait, Oman, and Dubai.

Federal Bank Limited
Federal Bank HO
Headquarters in Aluva
fedbank
#federalbank

23 April 1931; 92 years ago
(as Travancore Federal Bank) at Nedumpuram, Thiruvalla
2 December 1949; 73 years ago
(as Federal Bank)
Founder
K. P. Hormis
Headquarters
Aluva, Kochi, Kerala, India
Number of locations
1,370 branches (2023)
Key people
Shyam Srinivasan
(MD & CEO)
Products
Retail Banking
Wholesale Banking
Finance and Insurance
Mortgage loans
Wealth management
Investment banking
Credit cards
Debit cards
Revenue
Increase₹15,142.16 crore (US$1.9 billion) (2020)[2]
Operating income
Increase ₹3,204.70 crore (US$400 million) (2020)[2]
Net income
Increase ₹1,542.78 crore (US$190 million) (2020)[2]
Total assets
Increase₹201,367.39 crore (US$25 billion) (2021)[2]
Number of employees
12,592 (2021)
Capital ratio
14.62%[2]
Website
federalbank.co.in
With a customer base of over 10 million, including 1.5 million NRI customers and a large network of remittance partners around the world, Federal Bank handled more than 15% of India's total inward remittances of US$79 billion in 2018. The bank has remittance arrangements with more than 110 Banks/Exchange Companies around the world.[5]The bank is also listed in the Bombay Stock Exchange, National Stock Exchange of India and London Stock Exchange and has a branch in India's first International Financial Services Centre (IFSC) at the GIFT City.

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