This is Federal Bank

Federal Bank is the preferred Personal, NRI and Business banking partner for a growing expanse of customers across India, in both urban and rural areas. The Bank is driven by the quest to be one of the most admired banking institutions in the country.

This is just one manifestation of the Bank’s powerful ‘Digital at the Fore. Human at the Core’ proposition. Federal Bank is continuously scaling up this mantra to reach out, meaningfully and impactfully, to more and more customers. Recognised as a Great Place to Work, the Bank is continuously striving to become the FIRST CHOICE for all Indians. Propelling this journey is our unwavering focus on the service of People, within and outside the organisation.

A Digital bank with a Human face

‘Hi. I am Feddy. Your personal assistant’ – with these words, our AI-powered virtual assistant, donning the Federal Bank colours, welcomes visitors to our corporate website. As soon as Feddy’s image appears at the bottom right-hand corner of the website, a chat window pops up, and users can simply enter their names and start typing their queries.

Our Vision

To be the ‘Most Admired Bank’ which is digitally enabled with a sharp focus on Micro, Medium and Middle market enterprises.

Our Mission

Devote balanced attention to the interests and expectations of stakeholders, and in particular:

Customers

Meet and even exceed expectations of target customers by delivering appropriate products and services, employing as far as feasible, single window and 24-hour-seven-day-week concepts, leveraging a strengthened branch infrastructure, ATMs, other alternative distribution channels, cross-selling a range of products and services to meet customer needs varying over time, and ensuring the highest standards of service at all time, guided by our principle of being ‘Digital at the fore, Human at the core’.

Shareholders

To achieve consistent growth in shareholder value.

Employees

Develop in every employee a high degree of pride and loyalty in serving the Bank.

Our Timeline of Service

Federal Bank is listed on BSE Limited, National Stock Exchange of India Limited and London Stock Exchange.

Federal Bank has been in the service of the nation since pre-Independence times. Incorporated on April 23, 1931, as the Travancore Federal Bank Limited, Nedumpuram under the Travancore Companies Regulation, 1916, the Bank was renamed as The Federal Bank Limited in December 1949, under the stewardship of Late K.P. Hormis, who took over its reigns in 1945. With his vision and foresight, Shri Hormis brought into the institution a new level of dynamism, to transform it into a pan-India organisation.

Licensed under the Banking Regulation Act, 1949, on July 11, 1959, the Bank went on to become a scheduled commercial bank on July 20, 1970.

Want to know more? Go to Google Assistant, and say ‘Talk to Federal Bank’. And lo and behold, Feddy will promptly be there to answer your queries.

Growing Reach & Presence

1957

ATM/Recyclers (including 10 mobile ATMs)

1272

Branches

11,000,000+

Customers

24

States, Delhi NCT & 4 Union Territories

Cities

Metro: 206

Rural: 156

Semi Urban: 684

Urban: 226

Total: 1,272

Representative Offices

Abu Dhabi & Dubai

IFSC Banking Unit (IBU)

Gujarat International Finance Tec-City (GIFT City)

The Federal Bank Family

12,592

Total Employees

40%

Women
(No. of women - 5,049)

(As on March 31, 2021)

Credit Ratings as on March 31, 2021:

CRISIL A1+ (Reaffirmed) for the Certificate of Deposit Programme of the Bank
CRISIL A1+ (Reaffirmed) for the Short Term Fixed Deposits of the Bank
CARE AA (Stable) (Reaffirmed) [Double A, Outlook: Stable] for the Tier II bonds (Under Basel III)
IND AA/Stable (Affirmed) by India Rating and Research for the Tier II bonds (Under Basel III)

If you have any questions about any Federal Bank product, simply ask our Feddy!

Performance Highlights FY 2020-21

₹1,590 Crore

Net Profit

₹3,787 Crore

Operating Profit

₹304,523 Crore

Total Business

₹172,644 Crore

Total Deposits

₹1,31,879 Crore

Net Advances

₹16,124 Crore

Net Worth

₹58,370 Crore

CASA Deposits

₹15,137 Crore

Market Capitalisation