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Federal Bank Limited is an Indian private sector bank headquartered in Aluva, Kerala. [3] The Bank has 1518+ banking outlets and, 2042+ ATMs/ CDMS spread across ...
www.livemint.com: Mint is an Indian business and financial daily newspaper published by HT Media, a Delhi-based media group which is controlled by the K. K. Birla family.
The NIFTY 50 index is a free float market capitalisation-weighted index.. Stocks are added to the index based on the following criteria: [1] Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 Million.
The Federal Bank Limited is a major private sector commercial bank headquartered at Aluva, Kochi, Kerala. As on 31 March 2016, Federal Bank has 1,253 branches, 1,680 ATMs and 212 CDMs (Cash Deposit Machines) across the country. Its balance sheet stood at ₹1.37 trillion as of end March 2016 and its net profit stood at ₹475 crore for the ...
The bank became a public company via an initial public offering (IPO) in October 2020. [14] In 2021, Equitas Small Finance Bank partnered with the neobanking company Niyo to launch a mobile banking platform called NiyoX. [15] On 23 November 2021, the bank announced its partnership with HDFC Bank, for a co-branded credit card. [16]
The company tied up with State Bank of India in 2006, [8] Punjab National Bank in 2007 [8] and Axis Bank in 2013 [9] to offer online trading to its customers. In January 2010, the company set up a mutual fund business named as Motilal Oswal Asset Management Company (MOAMC). [10]
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India's commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
The roots of the State Bank of India lie in the first decade of the 19th century when the Bank of Calcutta (later renamed the Bank of Bengal) was established on 2 June 1806. The Bank of Bengal was one of three Presidency banks, the other two being the Bank of Bombay (incorporated on 15 April 1840) and the Bank of Madras (incorporated on 1 July ...