Federal Bank Ltd.   (FEDERALBNK)

The history of Federal Bank dates back to the pre-independence era. Though initially it was known as the Travancore Federal Bank, it gradually transformed into a full-fledged bank under the able leadership of its Founder, Mr. K P Hormis. The name Federal Bank Limited was officially announced in the year 1947 with its headquarters nestled on the banks on the river Periyar. It is the fourth largest bank in India in terms of capital base and can easily boast of a Capital Adequacy Ratio of 19.11%, one of the highest in the industry. This along with the existence in a highly regulated environment has helped the bank to tide over the recession with minimum impact to its financial stability. Federal Bank focuses on customer delight and exemplary service. This focus has earned the approval of various organisations both at the national and international level viz. The Excellence Award for ?Second Best Bank? among Traditional Private Sector Banks in Kerala - constituted by the State Forum for Banker?s Clubs Kerala, Federal Bank has won the ?Great Mind Challenge? award for implementing the most innovative solution for business. This award is being introduced by IBM for the first time in India for business development initiatives.

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