|₹107.65 / ₹69.05|
What is shareholding pattern? Who are shareholders?
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Federal Bank Limited is one of the major Indian commercial banks in the private sector headquartered at Aluva, Kerala. The Bank operates in four segments: treasury operations, wholesale banking, retail banking and other banking operations. Treasury operations include investment and trading in securities, shares and debentures. The Bank's products and services include working capital, term finance, trade finance, specialized corporate finance products, structured finance, foreign exchange, syndication services and electronic banking requirements. The bank has 1,272 branches, 1,948 ATMs and Cash recyclers as on 31 December 2020. The bank also has its representative offices in Abu Dhabi and Dubai and an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City). The Bank offer its customers, a variety of services such as Internet banking, Mobile banking, On-line bill payment, Online fee collection, depository services, Cash Management Services, merchant banking services, insurance, mutual fund products and many more as part of its strategy to position itself as a financial super market and to enhance customer convenience. Federal Bank Ltd was incorporated on April 28, 1931 with the name Travancore Federal Bank Ltd.