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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 Sets up Startup Fund

Federal Bank has created a Corpus exclusively for investment in Startups. The primary objective is to provide long term capital to Startup companies with innovative ideas, potential for high growth and ability to bring socio-economic impact. The fund will be used for supporting small ticket project... (more)
Union Finance Minister Shri Arun Jaitley Dedicates Fedbook Selfie to the Nation

Hon. Union Finance Minister Shri Arun Jaitley dedicated to the nation FedBook Selfie, India’s first Mobile App for Bank Account Opening from Federal Bank, in the presence of the Bank’s MD & CEO Shri Shyam Srinivasan at a function held at Kochi today.
Fede... (more)
Federal Bank Introduces Instant Fund Transfer Facility using ATM Cards at ATMs (C 2 C)

Federal Bank has introduced yet another digital convenience to its customers by enabling the facility of Instant funds transfer using ATM Cards at ATMs. The facility known by the acronym “C 2 C”, which denotes “Card to Card”, provides for transfer of funds between cards of t... (more)
Federal Bank HR Head, Mr. Thampy Kurian Figures in the List of 50 Most Influential HR Professionals in Asia

Mr. Thampy Kurian, General Manager and HR Head of Federal Bank, has figured in the list of 50 most influential HR professionals in Asia announced by Asia Pacific HRM Congress 2015. A seasoned banker with more than 40 years of experience in various domains of banking, Mr. Thampy Kurian has brought i... (more)
Federal Bank Signs MOU with M/s. Atul Auto Ltd for Dealer Financing Arrangement

India’s leading Pvt Sector bank, Federal Bank, with 71 years of banking history and a total network of 1250 branches and 1509 ATMs spread across India has entered into a tie-up arrangement with Atul Auto Ltd (AAL), a Rajkot based leading manufacturer of 3-wheelar commercial and passenger vehi... (more)
Federal Bank Launches Fed-E-Credit – First Digital Loan from the Bank

Federal Bank launched Fed-E-Credit, the Bank’s first digital loan. Fed-E-Credit is an online loan against deposit, and is the first in the series of online loan products planned by the Bank. 
Through Fed-E-Credit, customers can apply for loans against the... (more)
Federal Bank Launches 24X7 Automated Chat Facility – First Time in Indian Banking

For the first time in Indian Banking, Federal Bank introduces automated chat facility. If a customer has a query on Federal Bank’s products and services, she can now get it clarified by visiting the Bank’s website (, and chatting with Anita, the Bank’s virtua... (more)
Federal Bank Launches "Soft PIN" Facility for Debit Cards, a Go-Green Initiative

Federal Bank has launched 'Soft PIN' facility for Debit cards, a go-green initiative as part of its journey towards enhancing ‘Digital Convenience’ for its customers. Soft PIN, which replaces printed ‘PIN- Mailers’, can be generated by the customers themselves throug... (more)
Federal Bank gets Approval from RBI for Setting up IFSC Banking Unit in GIFT City

Federal Bank has obtained RBI permission for setting up International Financial Services Centre (IFSC) Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City). A unit at GIFT City is equivalent to a foreign branch and hence facilitates the Bank to function as such from within the I... (more)
Federal Bank Partners with National Institute of Speech and Hearing (NISH) for Setting Up Assistive Technology Center

Federal Bank has partnered with National Institute of Speech and Hearing (NISH)–Thiruvananthapuram to set up an Assistive Technology Center at NISH. Shri Shyam Srinivasan, MD & CEO, Federal Bank and Dr. Samuel N. Mathew, Executive Director, NISH, formally signed the MOU in the presence of... (more)