Tag «Federal Bank»

Federal Bank Adopts Nilavarapatti Village for Digitalization

Chennai: May 10, 2018: Federal Bank has adopted Nilavarapatti village of Salem district in Tamil Nadu for digitalization under CSR program of the Bank. Federal Bank which is the only Bank in the village has started a massive drive for opening of accounts of all the households in the village with a population over 5000. …

Federal Bank Offers UPI Payment Facility to BSNL Customers

Mumbai, 16th March 2018: Federal Bank associates with BSNL for offering UPI payment services to BSNL customers. All BSNL landline and mobile customers can pay their bills or recharge their mobiles using Unified Payment Interface (UPI) powered by Federal Bank in the BSNL website. The customer needs to have UPI Virtual Payment Address (VPA) and …

Federal Bank to Acquire Stake in Equirus Capital

  Mumbai, 22nd February 2018: The Board of Directors of Federal Bank has approved acquiring a strategic minority stake of 26% in Equirus Capital Pvt. Ltd. (ECPL) subject to statutory and regulatory approvals and satisfactory completion of financial and legal due diligence.  The Investment rationale has been driven by the need to increase the product …

Federal Bank launches a Chatbot based virtual assistant in their Mobile Banking application

19th January 2018: Federal Bank has launched a Chatbot based virtual assistant in FedMobile, bank’s mobile banking application. Using the Chatbot feature, the users of the app can avail a host of m-commerce services by simply chatting on the application. The Chatbot feature offers Mobile Recharges, Hotel Room/ Bus Ticket reservation, Household bill payments (Electricity, …

Federal Bank Partners with Hedge Equities for PIS Services to NRIs

18th January 2018: Federal Bank entered into a strategic partnership with Hedge Equities Ltd for providing Portfolio Investment Scheme (PIS) services to NRIs. A formal agreement was executed at Federal Towers, Marine Drive, Ernakulam on 10th of January 2018. On the occasion, Mr. Jose K Mathew (EVP & Head Retail Business, Federal Bank) and Mr. Alex Babu (MD, Hedge Equities Ltd) …

Federal Bank partners with Lulu Exchange to leverage Blockchain Technology in cross border remittances

 New Delhi,29th December 2017: Federal Bank partners with Lulu Exchange to make cross border remittances easier, quicker and safer. The two financial companies have launched and successfully tested the service on Blockchain Technology that is fast revolutionizing the financial and commercial world. The new technology, helps organizations share data in a much trusted, distributed and …

New trading platform for Federal Bank customers

India, May 22, 2017: Federal Bank in association with Geojit has launched a new trading platform for its customers. The platform, which is named ‘Selfie’, is designed & managed by M/s Geojit. In an event held at the Bank’s corporate office, Shri. Jose K Mathew, Head – Retail Business, Federal Bank and Shri. Sathish Menon, …