Federal Bank’s Kolkata Zonal Office shifted to a new location at Avani Signature Building, Park Street, Kolkata, Prof. Anju Seth, Director, IIM Calcutta inaugurated the new premises. The function was attended by Mr.Shyam Srinivasan, MD & CEO, Federal Bank, Mr.Nandakumar V, Senior Vice President and Network II Head, Federal Bank, Mr.Dileep B, Vice President and Kolkata Zonal Head, Federal Bank, other employees and customers of the Bank and general public. Kolkata Zonal Office set up at the new modish office will be the admission will be the administrative office to seven Regions/ Clusters and 91 branches functioning under it.
A private sector bank established in South India in 1931, Federal Bank swiftly transcended the regional borders and made its presence felt across India with its unique brand of warm, personalized and ethical banking. Today, the Bank has over 1250 branches, over Rs.2,45,000 Crores of business and over 12,000 workforce. The Bank also has its Representative Offices at Abu Dhabi and Dubai and an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City(GIFT City).
Federal Bank’s relation with East goes back a long back. Federal Bank set foot on the terrains of the East 46 years ago, with opening of Branch at Kolkata CR Avenue. Currently, the Bank has 91 branches in the area providing top class banking services with the nimbleness of a digitally efficient bank. Federal Bank is known for its innovative digital products, fast and hassle free processes and attractive rates and charges. Federal Bank’s deposits and certificates of deposits are rated A1+ by CRISIL.
Federal Bank announced its best ever financial results for the FY 2018-19 on the back of a consistently strong and quality growth in credit and liabilities. Federal Bank is transforming itself, keeping its principles intact, into an organization that offers services beyond par.