Federal Bank
Federal Bank Limited is an Indian private sector bank headquartered in Aluva,Ernakulam, Kerala. The Bank has 1502+ banking outlets and, 2015+ ATMs/ CDMS spread across different states in India and overseas representative offices at Abu Dhabi and Dubai.
Headquarters in Aluva | |
| Company type | Public |
|---|---|
Traded as | NSE: FEDERALBNK BSE: 500469 LSE: FEDS |
| Industry | Banking Financial services |
| Founded |
|
| Founder | K. P. Hormis |
| Headquarters | Aluva, Kochi, Kerala, India |
Number of locations | 1,502 branches (2024) |
Key people | Shyam Srinivasan (MD & CEO) |
| Products |
|
| Revenue | ₹20,248.01 crore (US$2.5 billion) (2023) |
| ₹5,061.57 crore (US$630 million) (2023) | |
Net income | ₹5,455.00 crore (US$680 million) (2023) |
| Total assets | ₹260,342.00 crore (US$33 billion) (2023) |
Number of employees | 14,000+(2024) |
| Capital ratio | 14.81% |
| Website | federalbank.co.in |
With a customer base of over 18.1 million, 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. 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.