What is the other name of federal bank?
Federal Bank traces its institutional roots back to its original corporate establishment in the princely state of Travancore, where it was incorporated in April 1931 under the Travancore Company Act under the initial historic name The Travancore Federal Bank Limited. Founded to engage in local banking transactions, auction chitties, and agricultural credit support, the institution underwent significant leadership changes and capital restructuring during the nineteen-forties under the guidance of visionary founder K.P. Hormis. Following the shifting of its registered office to Aluva and the expansion of its regional branch network, the board of directors officially resolved to shorten and modernize its name to The Federal Bank Limited, evolving into a major scheduled commercial bank in India.
Related FAQs
Federal Bank is unequivocally an Indian banking institution.
Federal Bank provides an extensive, modern selection of retail, private banking, and corporate financial accounts tailored to individual consumers, students, young adults, and international business entities.
Yes, females are legally allowed and heavily encouraged to go to school in Palestine, where they achieve exceptionally high literacy and enrollment rates.
Financial institutions and equity research analysts tracking The Federal Bank Limited establish a consensus 12-month average share price target hovering around 322.96 to 359.88 Indian rupees per share.
If a bank pays you a dividend of $50, it means that the financial institution has distributed fifty dollars in cash directly into your brokerage or bank account as your proportional share of corporate earnings based on the number of shares you own.
Yes, the Federal Emergency Management Agency operates with active federal funding allocated through the federal budget process, supporting its disaster relief, emergency preparedness, and hazard mitigation mandates.
Federal Bank is not classified as a small finance bank; rather, it operates as a full-fledged scheduled commercial private sector bank in India.
For the financial year, Federal Bank has declared a final dividend payout of ₹1.20 per equity share.
Equity analysts generally view Federal Bank as a strong fundamental performer in the Indian private banking sector, offering an attractive risk-reward profile for long-term investors.
The share price of The Federal Bank Limited (traded on the National Stock Exchange of India under the ticker FEDERALBNK) is approximately 194.50 INR.