Established in: 1931
Managing Director: KVS Manian
Federal Bank Limited is a private sector bank, formerly known as Travancore Federal Bank, headquartered in Aluva in Kochi, Kerala. The bank operates around 1,589 banking outlets and 2000+ ATMs and cash recyclers in India. The company also has representative offices in Abu Dhabi and Dubai.
Federal Bank serves over 19 million customers and has a large network of remittance partners across the globe. The bank handles around one-fifth of the country's personal inward remittances since it has remittance arrangements with more than 110 banks and exchange companies in the world.
Federal Bank Limited launched its IPO in March 1994 and is currently listed on the BSE and the NSE. The company is also listed on the London Stock Exchange and has a branch at GIFT City, India’s first international financial services centre (IFSC).
The Federal Bank Limited, formerly known as the Travancore Federal Bank Limited, was established at Nedumpuram near Thirvulla under the Travancore Companies Act. Its main operation involved auction-chitty and other banking transactions catering to the agriculture and industrial sectors.
The bank was renamed as Federal Bank Limited in 1949 and is considered one of the major Indian commercial banks in the private sector, with thousands of branches and ATMs spread across the country.
The Federal Bank Limited became a Schedule Commercial Bank in 1970 and launched its IPO in 1994. In 2008, the bank opened its representative office in Abu Dhabi and its second representative office in Dubai in 2016.
The following are the business segments of the Federal Bank Limited.
Retail Banking The bank caters to individuals and offers services such as account opening, personal loans, credit/debit cards and wealth management.
Corporate Banking This segment serves the large corporations, MNCs and government entities. The bank provides customised financial services such as working capital and trade loans to small and medium enterprises. It also caters to government departments and heavily focuses on liability and deposit gathering.
Treasury Options The bank manages its liquidity, funding and investment portfolios. It trades in government securities, corporate debt assets, equities and mutual funds. The bank also manages customer-facing foraging exchange operations, forward contracts, options and swaps.
Other Banking Operations Federal Bank Limited also oversees other banking operations that are not categorised as retail, wholesale banking or treasury operations.
The following are the subsidiaries of the joint ventures of Federal Bank Limited.
Fedbank Financial Services Limited (Fedfina) This is a subsidiary of Federal Bank Limited that offers various financial products such as Gold loans, home loans, and property loans. This company caters to micro, small and medium enterprises and individual customers.
Federal Operations and Services Limited (FedServ) This is another subsidiary of the bank, which oversees the back-end operations, IT support and other technological support services to the Federal Bank Limited.
Ageas Federal Life Insurance Company Limited This company is a joint venture between Ageas, a European multinational insurance company and Federal Bank Limited. It offers insurance products to individuals and corporate customers.
Equirus Capital Private Limited Equirus Capital Private Limited is a joint venture between Federal Bank Limited and Equirius Capital Private Limited. However, Federal Bank Limited is building an independent and in-house wealth management franchise.
As of 15 Jun 2026, Federal Bank share price is ₹315.70. The stock opened at ₹315.00, compared to its previous close of ₹309.75. During today's trading session, Federal Bank share price moved in the range of ₹311.15 to ₹318.35, with an average price of ₹314.75 for the day. Looking at its last 52-week, the stock has touched a low of ₹311.15 and a high of ₹318.35. On the performance front, Federal Bank share price has increased by 20.80% over the last six months and is up 52.91% on a year-on-year basis.
The market capitalization of Federal Bank is ₹77,758 Crs, with a P/E ratio of 17.3 and a dividend yield of 0.38%.