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Federal Bank Presentation (Service Marketing)
Federal Bank Presentation (Service Marketing)
Type Traded as
Public NSE: FEDERALBNK BSE: 500469 LSE : FEDS Banking and allied industries Kochi, 1945 (India) Federal Towers, Aluva, Kochi - 683 101, Kerala, India. Shyam Srinivasan (CEO) Loans, Savings, etc. www.federalbank.co.in
Contd..
26 % of the banks total retail deposits came from the NRI segment. As on march 31st 2011, the banks 52% of total deposits and 59% of its total advances came from Kerala state. As on March 31, 2010 the banks current deposits are Rs 16 bn and saving deposits are Rs 76 bn.
Interest rate on Saving a/c :7 to 45 days 5%. 46 to 180 days 7%. 181 days to less than 1 year 8.50%. 1 year only 9.25%. Above 1 year 9%. Additional 0.50 % for senior citizen. In saving account Rs 1000 is minimum.
Principal Subsidiaries:
Federal Bank
Commercial Federal Insurance Corp. Commercial Federal Investment Services, Inc. Commercial Federal Mortgage Corp.
Key Risks
Geographical concentration risk as majority of operations are in Kerala. Economic slowdown could reduce credit offtake. Default in payment from customers. Increase in NPAs.
(All those assets which do not generate periodical income are called NPAs)
Advise
Board of Governors (7 appointed members) Sets reserve requirements and approves discount rates as part of monetary policy. Supervises and regulates member banks and bank holding companies. Establishes and administers protective regulations in consumer finance. Oversees Federal Reserve Banks.
Propose discount rates. Hold reserve balances for depository institutions and lend to them at the discount window. Furnish Currency. Collect and clear checks and transfer funds for depository institutions. Handle U.S. government debt and cash balances
Compose
Federal Open Market Committee (Board of Governors and 5 Federal Reserve bank presidents) Directs open market operations, which is the primary instrument of monetary policy.
Term loans
Long term Short term
Corporate finance Export/Import Finance Letter of Credit Working Capital Finance Bill Finance
More focus on SMEs as its the emerging trend. Provides employment and production. Provides traditional values and modern outlook.
MasterCard Classic
MasterCard Premium
Master Card - - debit card used for Shopping and ATM withdrawal.
Master Card Premium is exclusively designed for Federal banks Select Customers and It is designed to provide the finest experience of Banking for priority customers.
Maestro Card
Maestro Debit Card is yet another fine tuned debit card with which can give hassle free and most secure shopping experience for you
Clerk
Probationary Officer
PROMOTIONS
Place in Delhi
Nehru Place Connaught Place Patel Nagar (Zonal office) Jhandewalan