It's about Business in Kerala!
Kochi: Union Finance Minister, Shri Arun Jaitley dedicated to the nation FedBook Selfie, India’s first mobile app for bank account opening from Federal Bank, in the presence of the Bank’s MD & CEO, Shyam Srinivasan at a function held at Kochi today.
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Trivandrum: Kerala based Federal Bank opened its 1250th branch at Sasthamangalam in Thiruvananthapuram today. The branch was inaugurated by HH Pooyam Thirunal Gouri Parvathi Bayi Thampuratty.
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Trivandrum: Kerala Tourism has signed a Memorandum of Understanding (MoU) with the Aluva based Federal Bank for the title sponsorship rights of the seventh season of the Grand Kerala Shopping Festival which will be held from December 1, 20113 to January 15, 2014.
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Kochi: Fitch Ratings has affirmed the National Long-Term ratings of three Kerala-Based private sector banks. Federal Bank Limited (FBL) has been affirmed at ‘Fitch AA-(ind)’, South Indian Bank (SIB) at ‘Fitch A+(ind)’, and Dhanlaxmi Bank (Dhanlaxmi) at ‘Fitch BBB-(ind)’. The Outlooks on the National Long-Term ratings of FBL and SIB are Stable. Dhanlaxmi’s ratings remain on Rating Watch Negative (RWN). Fitch Ratings is a global rating agency dedicated to providing value beyond the rating through objective and balanced credit opinions, research and data.
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Kochi: The Aluva based Federal Bank, one of the leading private commercial banks in the country, has crossed a milestone in branch expansion with the launch of its 1000th branch at Muthoor in Kerala on August 17, 2012. With this, Federal Bank has become the first Kerala based bank to cross the 1000 branch mark. The bank has 542 branches in Kerala and 458 branches spread over 24 other States.
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