Tag Archive for FEDERAL BANK

Federal Bank’s customer emerges as the winner of the Lucky Grahak Yojana

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By K. Vivek Mob: 09920183006 Email: indianshowbusiness@gmail.com

As part of its efforts to promote cashless digital payment, the Government of India has launched the Lucky Grahak Yojana encouraging the general public to go cashless and thereby reducing the dependency on physical cash. The aim of the scheme is to monetarily award people for using cashless means of payment. The winners will be announced on the basis of lucky draws which falls daily, weekly and monthly.

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Federal Bank’s e-lounge exhibition attracts thousands of students

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By K. Ashwin Mob: 09920183006 Email: indianshowbusiness@gmail.com

Mumbai, February 22, 2016: The two-day e-lounge exhibition organized by Federal Bank on the sidelines of the 14th K P Hormis Memorial Commemorative Lecture held at Hotel Le Meridien, Kochi recently, attracted thousands of students from various colleges and schools in and around Kochi. The digital capability of the Bank was in full display as about 10 digital offerings pioneered by the Bank were showcased at the exhibition. FedBook Selfie, the award winning innovative mobile app for account opening; FedBook, India’s first electronic passbook that has won many accolades; Scan N Pay, the one and only QR based payment solution that has won Banking Frontiers Finnoviti Award 2015; Fedmobile, the Bank’s all new simpler, faster and friendlier mobile banking app that has won IDBRT Banking Technology Excellence Award 2013-14; Missed call and SMS services for Funds Transfer, mobile recharge and balance enquiry that widens reach of digital experience to the masses; Virtual Agent Anitha, the first of its kind interface with artificial intelligence; Carry no documents account opening; e-KYC; Video Chat; Self service Kiosk etc were on display.  The Governor of Reserve Bank of India, Dr Raghuram Rajan, after visiting the lounge said, “if we were to talk about the future of banking, I just walked through the future of banking”.

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Federal Bank’s introduces Missed Call Banking Service for mobile recharge nationally

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By K. Vivek Mob: 09920183006 Email: indianshowbusiness@gmail.com

Federal Bank, one of the major banks in the private sector, has launched Missed Call Banking Service for mobile recharge. The service will allow users to recharge their mobile phones by just making a missed call. The Bank worked overtime to introduce the service, especially to provide succor to the flood-affected residents of Chennai.

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Federal Bank launches Scan N Pay

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By Ashok Punatar Mob: 9820746494 Email: ashokpunatar@yahoo.com

Scan N Pay, the innovative mobile based payment App pioneered by Federal Bank, being launched by Mr. A P Hota, MD & CEO, NPCI in the presence of Mr. Shyam Srinivasan, MD & CEO, Federal Bank

Federal Bank announced the launch of its latest innovation “Scan N Pay” today at a function held at Federal Experience Centre, Nedumbassery, Kochi. The product was launched by Shri A P Hota in the presence of the media and Bank officials.

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Federal Bank & SBI Card joins to launch co-branded credit cards

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By Ashok Punatar Mob: 9820746494 Email: ashokpunatar@yahoo.com

Mr. Vijay Jasuja, CEO, SBI Card & Mr. Shyam Srinivasan MD & CEO, Federal Bank launching the Federal Bank & SBI Card's Co-branded Credit Card

Federal Bank, one of India’s premier private sector banks, and SBI Card, one of India’s leading Credit Card issuer announced their collaboration to launch Federal Bank-SBI co-branded credit cards today, May 18, 2015. Through this alliance Federal Bank will launch two new variants of Visa credit cards for its customers, namely Platinum and Gold ‘N More.

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Federal Bank partners with IIFL to offer enhanced broking services

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By K. Vivek Mob: 09920183006 Email: indianshowbusiness@gmail.com

Mr. Varinder Gulati, Zonal Head (Mumbai) & Additional General Manager, Federal Bank and Mr. R Venkataraman, Managing Director, IIFL exchanging the memento during partnership to offer retail broking services.

Leading private sector bank, Federal Bank announced a partnership with India Infoline Ltd, a part of IIFL Group. Through this partnership, Federal Bank customers in India and abroad will be offered IIFL’s enhanced broking services.

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FEDERAL BANK LAUNCHES VIDYA GOLD

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By Vivek K Mob: 00919820310487 E-mail: indianshowbusiness@gmail.com

Federal Bank has launched a new gold loan product, Vidya Gold to support students and their parents to meet educational expenses in the forth coming school re-opening season. The product is ideal for meeting the school admission and related expenses of students from LKG level to Plus two. Considering the ease of process and delivery speed, it is suitable for higher studies also. Being a loan that serves a social cause, the bank offers this product at 200 basis points lower than normal gold loan products ie. an interest rate as low as Rs.99ps/Rs.100 per month.

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Federal Bank staff strength crosses 10,000 mark

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By Vivek K Mob: 00919820310487 E-mail: indianshowbusiness@gmail.com

The staff strength of Federal Bank crossed the 10,000 mark on December 17, 2012. This growth in manpower is in consonance with the growth of its branch network which has taken the latest tally of its retail outlets to 1,020. The Federal [Bank] family which considers this achievement another milestone in its history, reminisced the collective vision and the shared passion which enabled it to face the challenges and make the institution grow to its present eminence. The victories the bank could gain and the storms it could weather as it traversed through the six decades and more of its existence have given it enough resilience and strength to scale further heights during the days ahead.

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Federal Bank offers Housing Loans at Base Rate

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By Vivek K Mob: 00919820310487 E-mail: indianshowbusiness@gmail.com

Federal Bank celebrates its 67th anniversary on its Founder’s Day this year which falls on 18TH October 2012. To share the jubilations with its customers, the Bank launches “Customer-Delight” package for them. The package carries special offers & promotions such as:

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FEDERAL BANK OPENS 1000TH BRANCH AT MUTHOOR, KERALA

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By Vivek Kotian Mob: 00919820310487 E-mail: indianshowbusiness@gmail.com

Riding high on its consistent growth and national expansion initiatives, Federal Bank, one among the top league private commercial banks in India, crossed a milestone in branch expansion by the launch of its new branch at Muthoor, Thiruvalla, which is its 1000th branch in the country. In an auspicious function befitting the occasion, Honorable Mr. Vayalar Ravi, Minister of Overseas India Affairs, Science and Technology, Earth Sciences and Micro, Small and Medium Enterprises gave his message during the formal inauguration of the facilities in the presence of Marthoma Valiya Metropolitan, His Grace, Bishop Dr. Philipose Mar Chrysostom, His Grace Dr. Joseph Mar Thoma Metropolitan, Mr. Anto Antony, MP, Pathanamthitta, Smt Linda Thomas Vanchipalam, Municipal Chairperson, Mr. P C Cyriac, Chairman, Mr. Shyam Srinivasan, MD & CEO, Directors and senior management officials of the Bank. The gathering represented dignitaries from religio-political circles and the public from various districts of the state. Many customers from all over the country attended the launch function. The launch of the 1000th branch coincided with the first day of Malayalam calendar year, Chingam 1, 1188. It was on the same day that Federal Bank had begun its journey with the opening of its first branch.

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