The Federal Bank Ltd. (India)

The Federal Bank Ltd. (India)

Sector: Commercial Banks Not Elsewhere Classified Region: India

: | OTC Markets: FDBAY | London Stock Exchange: FEDS | OTC Markets: FBFY20 | Bombay Stock Exchange: 500469

Similar to: Rabobank Group

The Federal Bank Ltd. (India) provides commercial banking services. The Bank operates its business through four segments: Treasury Services, Corporate/Whole Sale Banking, Retail Banking and Other Banking Operations. The Treasury Services segment consists of interest earnings on investments portfolio of the bank, gains or losses on investment operations and earnings from foreign exchange business. The Corporate/Whole sale Banking segment provides loans and other banking services. The Retail Banking segment provides loans and other banking services to customers other than Corporate / Whole Sale Banking customers, identified on the basis of RBI guidelines. The Other Banking Operations segment includes income from para banking activities such as debit cards, third party product distribution and associated costs. It provides current accounts, savings accounts, loans, debit cards and demat accounts, Automated Teller Machine /Branch Networks, fund transfer, online tax payment, gift cards and Internet Banking-FedNet. The company was founded by Kulangara Paulo Hormis on April 28, 1931 and is headquartered in Aluva, India

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