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The Federal Bank Limited (FEDERALBNK.BO)

BSE - BSE Real Time Price. Currency in INR
150.15+0.30 (+0.20%)
At close: 03:40PM IST

The Federal Bank Limited

Federal Towers
P O Box No.103
Aluva 683101
India
91 48 4262 2263
https://www.federalbank.co.in

Sector(s)Financial Services
IndustryBanks - Regional
Full Time Employees12,914

Key Executives

NameTitlePayExercisedYear Born
Mr. Shyam Srinivasan B.E, P.G.D.MMD, CEO & Director29.65MN/A1962
Ms. Shalini Warrier B.Com, CACOO, Business Head of Retail Banking Products & Additional Executive Director13.23MN/A1966
Mr. Ashutosh Khajuria B.Sc., CAIIB, DTIRM, LLB, MAChief Mentor12.7MN/A1960
Mr. Venkatraman VenkateswaranGroup President & CFON/AN/AN/A
Mr. Sunil K. N. KumarExecutive VP, Chief Legal & Compliance OfficerN/AN/AN/A
Mr. M V S MurthyChief Marketing OfficerN/AN/AN/A
Mr. Ajith Kumar K. K.Chief Human Resources OfficerN/AN/A1963
Mr. Harsh DugarExecutive DirectorN/AN/A1972
Mr. Pitchai MahalingamExecutive VP & Internal AuditorN/AN/AN/A
Biju K.Senior VP & Chief Vigilance OfficerN/AN/AN/A
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

The Federal Bank Limited provides a range of banking and financial services in India. It operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company's deposit products include savings accounts, current accounts, noor personal accounts, demat accounts, salary accounts, fixed deposits, cash certificates, recurring deposits, exchange earners' foreign currency accounts, gilt accounts, and NRI deposit schemes. Its loan portfolio comprises personal, gold, housing, car, property, education and career, instant digital, SME business, agri and agri allied, and other loans; loans against sovereign gold bonds and fixed deposit; term loans, project finance, and working capital loans; and debit and credit cards. The company also provides life, health, and general insurance products; cash management, wealth management, and merchant banking services; mutual funds, sovereign gold bonds, online trading, and national pension system; treasury products; and remittance, fund transfer, payment and collection, bill discounting, bank guarantees, letter of credit, packing credit limit, trade finance, LC bill discounting, safe deposit locker, e-commerce, internet banking, mobile banking, ATM, and tele banking services. It operates a network of branches and ATMs/cash recyclers. The company was formerly known as Travancore Federal Bank Limited and changed its name to The Federal Bank Limited in March 1947. The Federal Bank Limited was incorporated in 1931 and is based in Aluva, India.

Corporate Governance

The Federal Bank Limited’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.