Support and Resistance Levels
Past performance
About Federal Bank Ltd Federal Bank Limited, established in 1931 and headquartered in Aluva, Kerala, is a major private sector bank in India. It operates across four key segments: treasury operations, wholesale banking, retail banking, and other banking activities. The bank offers diverse financial services, including working capital, term finance, trade finance, corporate finance, foreign exchange, and electronic banking. It has expanded its reach with representative offices in Abu Dhabi and Dubai, and an IFSC Banking Unit in Gujarat's GIFT City.
Federal Bank is known for its innovative banking solutions, such as FedBook, the first electronic passbook in India, and Scan N Pay, a smartphone payment app. The bank has consistently expanded its network, currently operating 1,355 branches and 1,916 ATM/Recyclers as of March 2023. It has strategic partnerships with fintech firms to enhance its service offerings and has ventured into digital banking with products like Federal One Card. The bank focuses on providing comprehensive financial services, positioning itself as a financial supermarket for enhanced customer convenience.