31st January 2023, Mumbai: Federal Bank was the winner under the category of large Private Sector Bank Category at the 14th Banking Excellence Awards organised by The State Forum of Bankers’ Clubs of Kerala, SFBCK. In a celebratory function held at Hotel Le Meridien Kochi, Shalini Warrier, Executive Director, Federal Bank received the award from former Honourable President of India, Shri Ram Nath Kovind in the presence of Nandakumar V, Executive Vice President & Head – Branch Banking, Federal Bank and other dignitaries.
On receipt of the award, Shalini Warrier, Executive Director, Federal Bank said, “We are honoured to have received this prestigious award. This award is a recognition of the hard work and commitment of our employees, spread across the length and breadth of the country. We are on a journey to become the Most Admired Bank in India and awards like this serve as a testament to our progress on this journey. We thank the organisers for awarding this to Federal Bank”
About Federal Bank
Federal Bank (NSE: FEDERALBNK) is a leading Indian private sector bank with a network of around 1,351 banking outlets and 1,896 ATMs/Recyclers spread across the country. The Bank’s total business mix (deposits + advances) stood at ₹ 3.69 Lakh Crore as on 31st December, 2022. Capital Adequacy Ratio (CRAR) of the Bank, computed as per Basel III guidelines, stood at 13.35% as on 31st December 2022. Federal Bank has its Representative Offices at Dubai and Abu Dhabi that serve as a nerve centre for Non-Resident Indian customers in the UAE. The Bank also has an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City). Federal Bank is transforming itself, keeping its principles intact, into an organization that offers services beyond par. It has a well-defined vision for the future as a guidepost to its progress.