Federal Bank (India)

federal-bank Overview:
In 1931, Kulangara Paulo Hormis established the Travancore Federal Bank at Nedumpuram, a place near Tiruvalla in Central Travancore. After initial moderate success, the bank came to the verge of bankruptcy. In 1944, K P Hormis ,and his close relatives and friends obtained a controlling interest in the bank. The next year, the bank shifted its registered office to Aluva and the Bank commenced business by opening its first branch at Aluva. In 1947 it changed its name to Federal Bank. In 2006, Federal Bank acquired Ganesh Bank of Kurundwad after the Reserve Bank of India suspended the bank. Established in 1920, Ganesh Bank had its headquarters at Kurundwad, Maharashtra. The bank had a network of 32 branches and its operations were concentrated in Sangli and Kolhapur in Maharashatra and Belgaum in Karnataka. Prior to the merger, Federal Bank had 20 branches in Maharashtra. Recently, it opened a representative office in Dubai. In March 2008, Federal Bank entered into a joint venture with IDBI Bank and Fortis Insurance International to form IDBI Fortis Life Insurance, of which Federal Bank owns 26 percent. The company ended the year with over 300 Cr in premiums as on 31 March 2009.

Recruitment Procedure:
After an initial screening of profiles candidates will be invited to take part in a comprehensive assessment process as follows:
Stage 1: Verbal and Numerical Aptitude Tests
Stage 2: Competency-based Interview
Stage 3: Final Panel Interview

Head Office
The Federal Bank Limited,
Federal Towers,
Aluva – 683 101,
Ph: +91-484-2623620 to 29
Fax: +91-484-2622672

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