23 April 1931; 93 years ago (1931-04-23) (as Travancore Federal Bank) at Nedumpuram, Thiruvalla
2 December 1949; 74 years ago (1949-12-02) (as Federal Bank)
Founder
K. P. Hormis[1]
Headquarters
Aluva,
Kochi, Kerala, India
Number of locations
1,504 branches (2024)
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
₹25,267.53 crore (US$3.2 billion) (FY24)[2]
Operating income
₹5,174.48 crore (US$650 million)[2] (FY24)
Net income
₹3,720.60 crore (US$470 million) (FY24)[2]
Total assets
₹308,311.80 crore (US$39 billion) (FY24)[2]
Number of employees
15,200+[2]
Capital ratio
16.13%[2]
Website
federalbank.co.in
Federal Bank Limited is an Indian private sector bank headquartered in Aluva, Kerala. The Bank has 1504+ banking outlets and, 2015+ ATMs/ CDMS spread across different states in India and overseas representative offices at Abu Dhabi and Dubai.[2]
With a customer base of over 18.1 million,[2] and a large network of remittance partners around the world, Federal Bank handles more than one fifth of India's total inward remittances, approximately. The bank has remittance arrangements with more than 110 Banks/Exchange Companies around the world.[3] 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.[4]
^"Federal Bank Founder". Federal Bank. Archived from the original on 26 March 2023. Retrieved 2 September 2023.
^ abcdefgh"Annual Report 2022-23".
^"Federal Bank installs 100 KWp solar plant at Aluva office". adda247.com. 24 February 2023. Retrieved 2 September 2023.
^"Federal Bank IFSC Banking Unit (IBU), GIFT City".[permanent dead link]
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Global Information
₹25,267.53 crore (US$3.2 billion) (FY24)[2]