BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Where is the headquarters of Federal Bank located?
A
Kerala
B
Tamil Nadu
C
Gujarat
D
West Bengal
Explanation: 

Detailed explanation-1: -As on March 31 2022 the Bank has a total stake of Rs. 208 Crores in the equity of the Company holding 26% of the equity capital. The total premium collected by Ageas Federal Life Insurance Company Limited during the period ended March 31 2022 was Rs.

Detailed explanation-2: -Federal Bank has been in the service of the nation since pre-Independence times. Incorporated on April 23, 1931, as the Travancore Federal Bank Limited, Nedumpuram under the Travancore Companies Regulation, 1916, the Bank was renamed as The Federal Bank Limited in December 1949, under the stewardship of Late K.P.

Detailed explanation-3: -Federal Bank is a leading Private Sector Bank with a branch network of 1, 247 branches and 1, 489 ATMs spread across the country.

There is 1 question to complete.