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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 Launches VConnect to Help Customers Connect to Relationship Managers

Federal Bank, a leading south-based private sector bank, launched VConnect - an exclusive video conference facility that enables customers to interact with Bank’s Relationship Managers face-to-face from any part of the world. An easy-to-use interface accessible through Bank’s website (w... (more)
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Federal Bank Q3FY15 Performance Review

Federal Bank announced unaudited Financial Results for the period ended 31st December 2014. Putting in an impressive performance during the period, the Bank registered growth in business volumes and operating metrics apart from improving upon its asset quality. The Net Profit of the Bank grew by 29... (more)
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Federal Bank HR Head, Mr. Thampy Kurian Receives Recognition of “100 Most Talented Global HR Leaders” By CHRO Asia

The HR Head of Federal Bank, Mr. Thampy Kurian has been honored once again for his outstanding contribution in the field of Human Resources Management. Mr. Thampy Kurian has been identified for the citation of “100 Most Talented Global HR Leaders” by CHRO Asia, a high level pr... (more)
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Federal Bank VISA Card Bonanza at the Dubai Shopping Festival

The Dubai Shopping Festival, the international shopping, dining and entertainment extravaganza, will draw visitors from all over the world to Dubai during the days, January 1st to February 1st  2015.
 
This time, a series of great discounts and benefits offered by VIS... (more)
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Mr. Shyam Srinivasan, MD & CEO, Federal Bank Becomes the Chairman of the IBA Committee on Member Private Sector Banks – 2014-15

Indian Banks Association (IBA) has reconstituted the “IBA Committee on Member Private Sector Banks” for the year 2014-15 and  Mr. Shyam Srinivasan, MD & CEO of Federal Bank is appointed as the Chairman of the Committee.  The committee on Member Private Banks of I... (more)
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Federal Bank Offers “Write your WILL Online” Facility

Federal Bank joins hands with NSDL e-Governance Infrastructure Limited & Warmond Trustees and Executors Private Limited for sharing the online platform, EzeeWill to offer innovative professional solution for online preparation of will and allied services to its customers.  This w... (more)
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Federal Bank Receives HR Excellence Awards From CII and Banking Frontiers Magazine

Federal Bank is bestowed upon twin recognitions for HR Excellence on December 5th.  The Bank was  honoured for its “Strong Commitment to HR Excellence” at the 5th CII National HR Excellence Confluence held  at  Hotel Lalit, New Delhi.  Smt. Smriti Iran... (more)
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Federal Bank Launches Vidya Suraksha in Association With Kotak Life Insurance

Federal Bank, one of the leading private sector banks in India has entered into an arrangement with Kotak Life Insurance to launch “Vidya Suraksha,” for providing insurance cover to the lives of the students availing education loans. This product will give insurance protection to t... (more)
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Comments of Mr. Shyam Srinivasan, MD & CEO, Federal Bank, on RBI’s Monetary Policy

The policy announcement was along expected lines both in content and the underlying tone, which suggested an accommodative stance in the period ahead (even outside of policy review cycle), should data flow suggest continued easing up of inflation.
 
Further the likely announcem... (more)
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Federal Bank Awarded ISO 27001:2005 Certification

The Information Technology Division of Federal Bank was conferred upon the prestigious ISO 27001:2005 certification by British Standards Institution (BSI), the international certification agency. Each of the individual Departments of the IT Division viz. Data Centre, Disaster Recovery Centre, Comma... (more)
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