Kochi: India’s leading private sector bank, Federal Bank, has entered into a tie-up arrangement with M/s Edelweiss Integrated Commodity Management Ltd (EICML) for extending collateral management in commodity financing.
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Federal Bank opens IFSC Banking Unit (IBU) in GIFT City
Kochi: Federal Bank has become the second Bank to open an International Financial Services Centre (IFSC) Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City). A unit at GIFT City is equivalent to a foreign branch and hence facilitates the Bank to function as such from within the Indian shores.
Read MoreFederal Bank launches innovative HR mobile app, gets new COO
Kochi: Federal Bank has launched FAME, an innovative mobile application for the employees of the Bank. FAME is a next generation people initiative for internal and employee communication. The app was formally launched by Ganesh Sankaran, Executive Director of the Bank.
Read MoreGeojit BNP Paribas powers SVC Bank to launch SVC e-Trade
Kochi: SVC Bank has launched a 3-in-1 online investment account – SVC e-Trade. The product promises seamless, hassle free access to investors, integrating the capabilities of three account types – Savings + Demat + Online Trading into one comprehensive account.
Read MoreFederal Bank bags IDRBT Award for Digital Banking
Kochi: Federal Bank has won the prestigious Institute for Development and Research in Banking Technology (IDRBT) Banking Technology Excellence Award 2014-15 for Digital Banking, Analytics and Big Data in the mid-sized banks segment.
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