Federal Bank Gets RBI Nod To Enter Bahrain, Kuwait, Singapore

Private Sector Lender Federal Bank has received the regulatory nod to open offices in Bahrain, Kuwait and Singapore, but is awaiting local clearances before it starts operations. 
Federal Bank already has representative offices in Abu Dhabi and Dubai, and its desire to expand comes even as a majority of its larger peers are downsizing their overseas presence. 
Source- The Economic Times

Static/Current Takeaways Important for SBI PO/Clerk Exam 2018- 
  • S Srinivasan is the MD and CEO of Federal Bank. 
  • It headquarters in Kochi, Kerala. 
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