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Federal Bank Limited is an Indian private sector bank headquartered in Aluva, Kerala. [3] The Bank has 1544+ banking outlets and, 2045+ ATMs/ CDMS spread across different states in India and overseas representative offices at Abu Dhabi and Dubai.
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
A 60% stake was taken by the Reserve Bank of India and the new bank was named State Bank of India. The seven other state banks became subsidiaries of the new bank in 1959 when the State Bank of India (Subsidiary Banks) Act, 1959 was passed by the Union government. [1]
This list of banks that have merged to form the State Bank of India includes financial institutions that were at one point or the other merged with the State Bank of India or any of its subsidiaries. This list includes the banks which have been subsidiaries or associates of the State Bank of India.
South Malabar Gramin Bank — 1975–2013 (Amalgamated with North Malabar Gramin Bank to form Kerala Gramin Bank-2013) St George Union Bank — 1927–1965 (Amalgamated with Federal Bank) [5] [3] State Bank of Travancore (originally known as Travancore Bank Ltd) [8] — 1945–2017 (Amalgamated with the State Bank of India) [9] The City Bank ...
The Federal Bank Limited is a major private sector commercial bank headquartered at Aluva, Kochi, Kerala. As on 31 March 2016, Federal Bank has 1,253 branches, 1,680 ATMs and 212 CDMs (Cash Deposit Machines) across the country. Its balance sheet stood at ₹1.37 trillion as of end March 2016 and its net profit stood at ₹475 crore for the ...
Central Bank of India: Mumbai 4.3 0.3 53.7 6.4 Banking 60 1842 Bank of Maharashtra: Pune 2.8 0.5 36.8 5.5 Banking 61 1848 Indus Towers: Gurgaon 3.5 0.7 6.7 11.1 Telecommunication 62 1853 Steel Authority of India: New Delhi 12.9 0.4 15.6 8.3 Iron and steel 63 1869 Federal Bank: Kochi: 3.2 0.5 38.1 4.8 Banking 64 1873 DLF: Gurgaon 0.8 0.3 7.2 25. ...
The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.