about FEDERAL BANK

Federal Bank is a leading Private Sector Bank with a branch network of 1,252 branches and 1,667 ATMs spread across the country. The Bank’s total business mix (deposits + advances) stands at Rs 1.71 Lakh Crore as at March 31, 2017 and it has earned a net profit of Rs 830.79 Crore. Bank’s Capital to Risk weighted Ratio (CRAR) stood at 12.39% at the end of March 31, 2017. Federal Bank has its Representative Office at Dubai and Abu Dhabi that serves as a nerve centre for NRI customers in the UAE. The Bank also has an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City).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. During FY 17 the bank handled around 15 % of the total personal inward remittance to India.

Federal Bank has always been a pioneer in path-breaking digital innovations. Through the numerous digital forays, the Bank aims at influencing each customer’s life digitally. The Bank believes in embracing innovation which has helped the Bank respond quicker to the changing market conditions, while meeting growing customer expectations. Some of Federal Bank’s latest Digital Innovation include FedBook Selfie - A power packed Account Opening – cum-electronic passbook, Lotza UPos, Lotza MPos etc.

Today the Bank enjoys the trust and confidence of more than 8 million customers across the world. Federal Bank is built on the philosophy of sharing the trust and confidence with its stakeholders through sound principles of corporate governance and the Bank values human capital as the primary source of its strength in triggering initiatives at every turning point of its growth journey.

More at www.federalbank.co.in