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Federal Skill Academy [24] - The Federal Skill Academy (FSA) is a part of the Federal Bank Hormis Memorial Foundation's CSR initiative, aiming to contribute significantly to India's skilling ecosystem. The Bank initiated the launch of its 5th and 6th Skill Academy in Chennai and Belagavi in October 2023.
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 ...
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The Federal Bank for Cooperatives (FBC) was a specialized financial institution in Pakistan that catered to the needs of housing and agricultural cooperatives. Established in 1976, it was one of the oldest banks in the country and played an important role in providing agricultural credit during the early decades after partition. [ 1 ]
Shyam Srinivasan was appointed the Managing Director and CEO of Federal Bank on September 23, 2010, at a time when the bank had a predominantly regional presence, rooted deeply in South India. His immediate priority upon taking the helm was to modernize the bank’s infrastructure and expand its reach, both geographically and digitally.
Bank Employees Federation of India (BEFI) is a bank trade union consisting of employees of commercial banks, Reserve Bank of India, NABARD, regional rural banks and co-operative banks. The federation espouses the causes concerning service conditions of bank employees, development of the banking industry, defense of public sector banking in ...
World Bank: International associates of NABARD include World Bank-affiliated organisations and global developmental agencies working in the field of agriculture and rural development. These organisations help NABARD by advising and giving monetary aid for the upliftment of the people in the rural areas and optimising the agricultural process ...
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 ] The next major government intervention in banking took place on 19 July 1969 when the Indira government nationalised an additional 14 major banks.