reserve bank . this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . may 2015 learn how and when to remove this template message the federal bank limited type private traded as nse federalbnk bse 500469 lse feds industry banking and allied industries founded kochi 1945 headquarters federal towers aluva kochi 683 101 kerala india . area served republic of india key people shyam srinivasan managing director & ceo nilesh shivji vikamsey part time chairman products loans savings accounts current accounts credit cards debit cards payment gateway etc. revenue 77.4 billion us 1.2 billion 2016 website www.federalbank.co.in the federal bank limited is a major indian commercial bank in the private sector headquartered at aluva kochi kerala . as on 31 march 2016 federal bank has 1252 branches spread across 24 states and 1516 atms across the country . its balance sheet stood at rs 1.37 trillion as of end march 2016 and its net profit stood at rs 475 crore for the full fiscal year . contents 1 history 2 digital banking 3 sponsorships 4 board of directors 5 awards 6 references 7 external links history edit the history of federal bank dates back to the pre independence era . the bank was incorporated on april 23 1931 as the travancore federal bank limited nedumpuram under the travancore companies regulation act 1916 . in 1931 travancore federal bank began operations at pattamukkil varattisseril house near nedumpuram near thiruvalla kerala . the home functioned as the bank office for nearly 15 years . the 14 founders included pattamukkil varattisseril oommen varghese his brothers oommen chacko oommen kurian and oommen george and kavumbhagam mundapallil lukose . oommen varghese was the chairman and oommen chacko was the manager . after the bank had functioned for nearly 10 years the bank s day to day operations had to be stopped due to oomen chacko s ill health . travancore federal bank limited was incorporated with an authorised capital of rupees five thousand at pattamukkil varattisseril house at nedumpuram a place near tiruvalla in central travancore on 28 4 1931 under the travancore company s act . it started business of auction chitty and other banking transactions connected with agriculture and industry . a lawyer from perumbavoor named k.p.hormis and his acquaintances bought the bank and took over the management on 1945 . in 1945 they moved the bank s registered office to aluva and hormis became the managing director . in 1947 the bank s name was shortened from travancore federal bank to federal bank . between 1963 and 1970 federal bank took over chalakudy public bank est. 20 july 1929 in chalakudy cochin union bank est. 1963 in trichur alleppey bank est 1964 ; alappuzha st. george union bank est. 1965 in puthenpally and marthandam commercial bank est. 1968 in thiruvananthapuram . in 1970 federal bank became a scheduled commercial bank and came out with its initial public offering in 1994 . in january 2008 federal bank opened its first overseas representative office in abu dhabi . in april 2015 federal bank posted its highest ever net profit at rs 1005.75 crore for the fiscal 2014 15 . the net profit grew 20 % during the year which saw the deposits and advances of the bank outgrow that of the industry by 40 % . 1 digital banking edit in august 2013 federal bank introduced fedbook the first electronic passbook launched by any bank in india . fedbook is a mobile app through which customers can view their passbook details . in may 2015 federal bank and sbi card launched federal bank sbi two co branded visa credit cards namely platinum and gold n more . the federal bank sbi platinum credit card will offer distinct and exclusive benefits to customers especially for fuel payments dining etc. the platinum variant will offer a credit limit up to rs .5 lakh and the gold variant up to rs .1.75 lakh . the platinum variant of federal bank sbi credit card offers reward points for every use at dining departmental and international stores . international airport lounge access and golf course access are the other attractive options for it . 2 in july 2015 federal bank introduced automated chat facility a first of its kind by an indian bank . 3 customer wanting to check the bank s products and services can now visit its website and chat with its virtual relationship officer agent . this service is fast efficient and available around the clock . the service is powered by cognicor whose virtual agent solution works on artificial intelligence based technology . the virtual agent generates personalised responses to customer queries . in august 2015 creating history federal bank launched india s first mobile app for bank account opening . bank has introduced this unique facility of mobile based bank account opening as an upgrade to fedbook its e passbook app . with the new avatar of fedbook anyone having an aadhaar card and pan card be it from rural or urban centers rich or poor youth or aged can now open a savings bank account and get their account number instantly using a mobile from anywhere at any time . further the account can also be funded with an initial remittance through online fund transfer up to a maximum amount of rs . 10000 . to open an account one has to just download fedbook in their mobile and follow 3 easy steps that of taking a selfie scanning aadhaar and pan card . 4 the app verifies the aadhaar real time and opens the account on the click of a button . once the account is opened the app turns itself into the digital passbook for the customer . the app is currently available on android and ios phones and will soon be available in windows and blackberry phones . sponsorships edit federal bank was the principal sponsor of kochi tuskers kerala . 5 the tickets for home matches were sold through federal bank branches and their website . federal bank was the perfect banking partner of micromax odi cricket series 2012 played between india and sri lanka in july august 2012 . see also linking of aadhaar as government of india has decided to introduce direct cash transfer dct of various welfare schemes directly to beneficiaries bank account which is linked with aadhaar number w.e.f. 1 january 2013 federal bank customers can link their aadhaar account . board of directors edit current board of directors 6 are mr. nilesh shivji vikamsey part time chairman mr. shyam srinivasan managing director & ceo mr. sudhir moreshwar joshi director mr. c balagopal director mr. k. m. chandrasekhar director mr. dilip gena sadarangani director mr. harish h engineer director smt . grace elizabeth koshie director smt . shubhalakshmi panse director mr. ashutosh khajuria executive director mr. ganesh sankaran executive director awards edit federal bank won the mastercard innovation awards 2016 under the categories debit cards initiatives and acquiring business initiatives . federal bank received the prestigious 6th annual greentech hr award for technology excellence in hr . federal bank gets et best corporate brand 2016 award federal bank bags idrbt award for digital banking analytics and big data in mid sized banks segment federal bank wins the skoch smart technology award 2015 for fedbook selfie references edit federal bank q4 profit up marginally at rs 281 cr . the economic times . federal bank sbi co branded cards launched . the hindu . federal bank launches chat facility . hindu business line . federal bank launches india s first mobile app for bank account opening . india infoline . http expressbuzz.com cities kochi federal bank is kochi ipl % e2 % 80 % 99s principal sponsor 258024.html the federal bank key personnel . external links edit official site of the bank hormis legend of a great banker with passion for development biography of k.p. hormis by k.p joseph kalarickal idrbt banking technology excellence awards iba awards for innovation in banking 2013 indian banking http www.federalbank.co.in milestones main content www.topnews.in companies federal bank https www.nseindia.com content corporate eq federalbnk base.pdf http www.federalbank.co.in documents 10180 8800650 annual report 2016.pdf www.slideshare.net pauljose8 federal bank project www.dnb.co.in publications topbanks2016 indiastopbanks2016.pdf kerala economy trajectories challenges and implications author d. rajasenan gerard de groot septra project v t e banking in india reserve bank reserve bank of india public sector banks allahabad bank andhra bank bank of baroda bank of india bank of maharashtra bharatiya mahila bank canara bank central bank of india corporation bank dena bank idbi bank indian bank indian overseas bank oriental bank of commerce post bank of india punjab & sind bank punjab national bank state bank of bikaner & jaipur state bank of hyderabad state bank of india state bank of mysore state bank of patiala state bank of travancore syndicate bank uco bank union bank of india united bank of india vijaya bank private sector banks axis bank bandhan bank catholic syrian bank city union bank dcb bank dhanlaxmi bank federal bank hdfc bank icici bank idfc bank indusind bank jammu & kashmir bank karnataka bank karur vysya bank kotak mahindra bank lakshmi vilas bank nainital bank rbl bank ratnakar bank south indian bank tamilnad mercantile bank limited yes bank cooperative banks buldhana urban cosmos bank repco bank saraswat bank shamrao vithal co op . bank tnsc bank rajkot nagrik sahakari bank foreign banks abn amro abu dhabi commercial bank antwerp diamond bank australia and new zealand banking group bank internasional indonesia bank of america bank of bahrain and kuwait bank of ceylon the bank of tokyo mitsubishi ufj barclays citibank india credit suisse deutsche bank hsbc the royal bank of scotland scotiabank standard chartered regional rural banks andhra pragathi grameena bank kerala gramin bank bangiya gramin vikash bank gramin bank of aryavart north malabar gramin bank pallavan grama bank pandyan grama bank paschim banga gramin bank sarva up gramin bank south malabar gramin bank uttar bihar gramin bank vananchal gramin bank list of regional rural banks in uttar pradesh interbank networks bancs cashnet cirrus imps upi mitr nfs plus rupay defunct banks alliance bank of simla arbuthnot & co bank of bombay bank of calcutta bank of chettinad bank of cochin bank of hindostan bank of madras bank of madura bank of rajasthan bank of thanjavur bareilley corporation bank bengal central bank bharat overseas bank centurion bank of punjab chartered bank of india australia and china commercial bank of india dass bank exchange bank of india & africa global trust bank grindlays bank hindustan commercial bank imperial bank of india ing vysya bank lakshmi commercial bank lord krishna bank madhavpura mercantile cooperative bank mercantile bank of india london and china miraj state bank nath bank nedungadi bank new bank of india oriental bank corporation oudh commercial bank palai central bank pandyan bank sikkim bank state bank of indore state bank of saurashtra times bank united industrial bank united western bank related topics banks board bureau banking codes and standards board of india atm usage fees in india de materialisation demat foreign exchange forex indian financial system code ifsc list of banks in india national electronic fund transfer neft national payments corporation of india real time gross settlement rtgs structured financial messaging system sfms prepaid payment instruments in india retrieved from https en.wikipedia.org w index.php title federal bank & oldid 740266129 categories banks of indiabanks based in keralacompanies based in kochibanks established in 1945hidden categories articles needing additional references from may 2015all articles needing additional referencesengvarb from may 2014use dmy dates from may 2014pages using infobox company with unsupported parameters 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