Kerala Tradition & Fascinating Destinations 2014 Kerala Tradition & Destinations 2014 | Page 434

Export Credit and Guarantee Corporation for marketing its products. The
bank has a franchise arrangement for money transfer service scheme of
M/s.UAE Exchange & Financial Services, ICICI, Doha Bank and Bank of India
for effective and speedy receipts of funds remitted from abroad. The Bank
has obtained license to function as Depository Participant under National
Securities Depository Limited. There is a scheme for sale of gold coins of
various weights. A number of awards and recognitions have come to the
bank in its 109 years of service. Most recently, it has been selected as the Best
Mid-Sized Bank on Profitability and Efficiency by the Business Today Survey,
2012. Industrial Economist Excellence Award 2012 and Sri. Visvesvaraya
Industrial Award and (TNSB) Innovation Award are some of them.
Federal Bank Ltd.
Federal Towers, Corporate Office
P.B No: 103, Aluva - 683 101
Ph: 0484 2623620-27, 2630996
Fax: [phone]
Web: www.federalbank.co.in
Federal Bank, 4th among the Private Sector Commercial banks in the country
with more than 5 million customers across the world. Federal Bank is the
only traditional bank other than State Bank of India to have its shares
listed outside our country with Federal Bank’s Global Depository Receipts
being listed at the London Stock Exchange. As on February 2013 the Bank
has 1000 plus branches and 1000 plus ATMs, 9 Zonal offices and 36 Regional
offices. All the branches are operating under Core Banking Solution and
are fully networked. The Bank has three variants of VISA International
Debit Cards, Viz. Platinum, Gold and Shop-n-Save apart from master cards.
Federal Bank is among the first banks in India to computerize all its
branches. The Bank offers services such as Internet banking, Mobile
banking and alerts, on-line bill payment, on-line fee collection, depository
services, Cash Management Services, e-Shopping, Payment gateway,
Express remittance facility from abroad, RTGS facility etc across all its
branches. Federal Bank took over Ganesh Bank of Kurundawad in
September 2006. This enabled Federal Bank to get 32 branches of Ganesh
Bank of Kurundwad in Maharashtra and Karnataka states in India. The
Bank offers a wide range of liability and asset products and services
exclusively to NRIs. The Bank opened its first overseas representative
office in Abu Dhabi. Federal Bank has many firsts to its credit, as far as
implementation of technology and enhancement of banking convenience
to its customers are concerned. The organizational structure of the bank
has been revamped and separate verticals have been created to focus on
various business segments. Credit Hubs and Retail Hubs have started
functioning for faster processing and disbursal of loans. Priority banking
services under the brand name Fedselect, launched in a few branches
will soon be extended to more branches. In the last few years, Federal
Bank has won several awards and accolades, which proves the strength,
operational efficiency, technological competence and customer centricity
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BANK|TRADITION AND DESTINATIONS