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Press background on Federal Bank
Company profile
Federal Bank is a leading Private Sector Bank with a branch network of 1,207 branches and 1,408 ATMs spread across the country. The Bank’s total business mix (deposits + advances) stands at Rs 1.03 Lakh Crore as at March 31, 201 4and it has earned a net profit of Rs 838.89 Crore. Its Capital to Risk weighted Ratio (CRAR) stood at 15.14% at the end of March 31. Federal Bank has its Representative Office at Abu Dhabi that serves as a nerve centre for NRI customers in the UAE. Federal Bank is transforming itself, keeping its principles intact, into an organization that offers services beyond par. It has a well defined vision for the future as a guidepost to its progress.
 Recent press releases
Federal Bank gets MasterCard Innovation Awards 2016 under Two Categories

Federal Bank won the MasterCard Innovation Awards 2016 under the categories ‘Debit Cards Initiatives’ and ‘Acquiring Business Initiatives’. The Bank won the award in the ‘Debit cards Initiatives’ category for the launch of Soft PIN service, which enables the Bank... (more)
Federal Bank Launches Campus Wallet for Students

Federal Bank ties up with M/s Chillar Payment Solutions Pvt Ltd, a technology driven start-up company to promote the start-up’s technology product – “Campus Wallet”. This is a student Identity Card integrated with banking technology. Aimed at streamlining and easing the admi... (more)
Federal Bank Sets up Exclusive Outlets for Start-ups

Federal Bank, one of the premier private sector banks in the country, today launched ‘Launchpad’, an exclusive outlet for start-ups. Started initially in Bangalore and Kochi, ‘Launchpad’ will be a one stop facility providing a range of advisory services in addition to custom... (more)
Federal Bank’s e-lounge Exhibition Attracts Thousands of Students

The two-day e-lounge exhibition organized by Federal Bank on the sidelines of the 14th K P Hormis Memorial Commemorative Lecture held at Hotel Le Meridien, Kochi recently, attracted thousands of students from various colleges and schools in and around Kochi. The digital capability of the ... (more)
Federal Bank’s Mobile App, FedMobile, now Available in Windows

Federal Bank launched the Windows OS compatible version of its new mobile banking application, ’FedMobile’. With this, the App is now available in all the three major platforms – Android, iOS and Windows. The Windows version is available for free download on Windows Phone Store fo... (more)
Federal Bank wins Banking Frontier's Finnoviti 2016 Award

Federal Bank has been chosen for the Banking Frontier's Finnoviti 2016 Award for the Bank’s innovation, FedBook Selfie.
FedBook Selfie, India’s first mobile App for Bank account opening, has been one major innovation in the history of Indian Banking ... (more)
Federal Bank Lunches FCNR Deposit Scheme in New Zealand Dollar

Introducing the facility to receive remittances in New Zealand Dollar currency, Federal Bank has launched FCNR deposit scheme in New Zealand Dollar Currency. The Bank has entered into a tie-up arrangement with ANZ Bank, New Zealand for cross border remittances in New Zealand Dollar, including trade... (more)
For the First Time in Indian Banking, “Funds Transfer through Missed Call” Launched by Federal Bank

Federal Bank has announced yet another digital innovation in Indian banking – “Funds Transfer through Missed Call”, a simple, convenient, and fast way to transfer funds round the clock. The facility allows Federal Bank account-holders to register for the service and beneficiaries ... (more)
Ms. Shalini Warrier Appointed Chief Operating Officer of Federal Bank

Ms. Shalini Warrier has taken charge as Chief Operating Officer of Federal Bank with effect from 02 November 2015. Ms. Shalini Warrier is a member of the Institute of Chartered Accountants of India being the First Rank Holder in 1989. She is also a Certified Associate of Indian Institute of Ba... (more)
Federal Bank Introduces Missed Call Banking Service

Federal Bank has launched yet another digital service “Missed Call Banking”, a simple and fast way to get account balance on mobile. Missed call Banking enables customers to get their account balance by giving a missed call to a dedicated mobile number.  To avail the facility, cust... (more)