About The Federal Bank Limited

The Federal Bank Limited is a leading private sector bank with a legacy of over nine decades, focused on building a digitally enabled, customer-centric franchise. Guided by its principle “Digital at the fore, Human at the core”, the Bank aims to be the “Most Admired Bank”, with a sharp focus on Micro, Medium and Middle market enterprises. It operates across India and select international locations, offering a full suite of banking and financial services through 1,589 banking outlets and 2,080 ATMs/CDMs as on March 31, 2025. Its network spans 26 states, Delhi and 4 union territories, with Representative Offices in Abu Dhabi and Dubai, and an IFSC Banking Unit at GIFT City, Gujarat.

The Bank serves individuals, SMEs, mid-market clients, large corporates and institutions with products ranging from deposits and loans to cash management, trade finance, foreign exchange and digital banking via platforms such as FedMobile and FedNet. The Corporate & Institutional Banking division offers working capital, term funding, structured finance, cash management, trade finance and FX services, backed by robust electronic banking. Retail and digital banking together provide end-to-end journeys for everyday banking, payments, and wealth and insurance referrals.

As of March 31, 2025, the Federal Bank group comprised two subsidiaries and one associate, forming a complementary ecosystem across non-banking financial solutions, life insurance and back-office process management (subsidiary and associate names not listed here per requirement). Milestones in FY 2024–25 included crossing Rs 5.18 lakh crore in total business and surpassing Rs 4,000 crore in net profit, alongside decadal-best asset quality with GNPA at 1.84% and NNPA at 0.44%. The network expanded by 85 new banking outlets during the year, reflecting continued franchise growth. Digital adoption remained strong, with 92.02% of transactions being digital as of March 2025.

The Federal Bank Limited Key Management

• Krishnan Venkat Subramanian – Managing Director and CEO
• Shalini Warrier – Executive Director (relieved from service on May 23, 2025)
• Harsh Dugar – Executive Director
• Venkatraman Venkateswaran – Group President and CFO (appointed Executive Director w.e.f. July 10, 2025)
• Samir Pravinchandra Rajdev – Company Secretary

Latest Updates on The Federal Bank Limited

• Breakthrough performance: The Bank crossed Rs 5.18 lakh crore in total business, with net profit exceeding Rs 4,000 crore. Asset quality reached decadal-best levels with GNPA at 1.84% and NNPA at 0.44%.
• Network expansion: 85 new banking outlets were added in FY 2024–25, taking the network to 1,589 outlets and 2,080 ATMs/CDMs as on March 31, 2025.
• International presence: The Bank operates Representative Offices in Abu Dhabi and Dubai, and an IFSC Banking Unit at GIFT City, enabling cross-border services and international funding solutions.
• Strategic portfolio moves: The Bank sold 70.50 lakh shares in Equirus Capital Private Limited, which consequently ceased to be an associate effective November 15, 2024.
• Life insurance step-up: The Board approved, and RBI cleared, the acquisition of an additional 4% equity stake in Ageas Federal Life Insurance Company Limited for up to Rs 105 crore; a binding MoU was signed on March 28, 2025, and a Share Purchase Agreement on April 30, 2025.
• Corporate banking initiatives: A Syndication desk was established to originate and sell down structured deals, while a secure corporate internet module and Bulk Direct Tax payment functionality were launched for corporate clients.
• Digital and partnerships: The Bank reported 20 fintech partnerships, 77 merchant partnerships, and a 36% surge in credit card applications, underscoring marketing-led growth and digital engagement in FY 2024–25.
• Awards and recognition: Federal Bank won accolades including ACI South Asia Converge 2024, IBA Technology Awards 2024, SKOCH Award 2024, Infosys Finacle Innovation Awards 2024, and CRIF Data Excellence Awards 2024, highlighting its leadership in technology and innovation.
• Green finance momentum: Green loan outstanding stood at Rs 9,280 crore, with 94.24% in wholesale banking and 5.76% in retail, reflecting the Bank’s strengthening franchise in mitigation-focused lending and renewable energy.Note: Business operations are reported as largely domestic; for segment reporting purposes, the Bank is considered to operate only in the domestic segment, with GIFT City counted within Indian operations.