federal bank
TRANSCRIPT
FEDERAL BANK
Parent Company Government of India
Category Banking
Sector Banking and finance
Tagline/ Slogan Your perfect Banking Partner
Segment `Individual and Industry banking
Target Group Semi-Urban Sector
Positioning Complete Banking solutions
ABOUT FEDERALDate of Establishment 28-04 1931
Chairperson P C Cyriac
MD Shyam Srinivasan
Directors A M Salim, T C Nair Abraham Koshy,
Girish Kumar Ganapathy, K S Harshan,
M Venugopalan, M Y Khan, Nilesh
Vikamsey, P C Cyriac, P C John,
P H Ravikumar, P R Kalyanaraman,
P Surendra Pai, Shyam Srinivasan.
Business Operation Bank – Private
Headquarter Aluva, kochi, kerala.
As of March 13, 2012 Federal has 952 branches spread across 24
states in India.
1029 ATMs around the country(across 108 metro centers, 224 urban centers, 384 semi-urban locations and 87 rural areas).
The bank is planning to expand its branch network to 1000 and hire 2000 professionals by June 2012.
BACK GROUND Federal Bank, earlier known as Travancore.
Federal Bank, was incorporated in 1931.
Though initially it was known as the Travancore Federal Bank, it gradually transformed into a full-fledged bank under the able leadership of its Founder, K P Hormis
The name Federal Bank Limited was officially announced in the year 1947
PRODUCTSPRODUCT NAME
Interest/discount on advances/bills
Income on Investments
Interest on balances with Reserve Bank of India and other inter-bank funds
Interest/discount on advances/bills
ACQUISITIONS AND MERGERS 1964 - It acquired the Chalakudy Public Bank in Chalakudy,
the Cochin Union Bank in Thrissur and
the Alleppey Bank in Alappuzha.
1965 - It acquired the St.George Union Bank in Puthenpally.
1968 - It acquired the Marthandom Commercial Bank in
Thiruvananthapuram.
2006 - It acquired Ganesh Bank of Maharashtra.
2008 - It entered into a joint venture with IDBI Bank and Fortis
Insurance International to form IDBI Fortis Life Insurance.
2010 - IDBI Fortis, rejuvenated as IDBI Federal Life Insurance with
Aegas of Belgium.
SPONSORSHIPS
Federal Bank was the principal sponsor of Kochi Tuskers Kerala .
The tickets for KTK's home matches were sold through Federal bank branches and their website.
SWOT ANALYSIS
Strength
743 branches spread across 24 states in India and 803 ATMs around India
Innovative but simple products and service offerings.
Expansion across country.
State of Art I.T support for customers and employees
WEAKNESS Less penetration in the urban market Federal Bank, the principal sponsor of
Kochi Tuskers Kerala.
OPPURTUNITIES Small enterprise banking. Rural banking and improved urban services. Acquisition of smaller units in small regions.
THREATS Economic slowdown. Highly competitive environment. Stringent Banking Norms.
COMPETITORS Indian bank Union Bank of India UCO bank
PEST ANALYSISPolitical Government policy & budget Budget measures Monetary policy FDI limit
Economical GDP Monsoon Inflation Savings &accounts Agriculture credit Interest rates Raising living standard Disposable income
SOCIOCULTURAL Changes in life style Literacy rate Demographic of large population Shift towards the nuclear
LEGAL Reserve bank of India act Banking regulation act
TECHNICAL Technology in banks Core Banking Solutions(CBS) ATM Internet I.T serves and mobile banking
ADVERTISEMENT TEMPLATE PREPARED FOR FEDERAL BANK
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