Federal Bank was ranked 63rd on the Best Workplaces in Asia 2022 and becomes the only bank in India to be listed by Great Place to Work, the global authority on workplace culture. The list is based on over one million survey responses across Asia and West Asia, representing the experience of over 4.7 million employees in the region.
This recognition is based on confidential survey data assessing employee experiences of trust, innovation, company values and leadership. Companies are also evaluated on how well they are creating All workplace experiences, inclusive of all employees no matter who they are or what they do. According to Great Place to Work India, 88 per cent of employees at the best workplaces in Asia on average reported having a positive employee experience. For the average global workforce, only 55 per cent of workers report a similarly positive experience.
About the Federal Bank Limited:
Federal Bank Limited is an Indian private sector bank headquartered in Aluva, Kochi. The bank has 1,272 branches spread across different states in India. It also has representative offices abroad in Abu Dhabi, Qatar, Kuwait, Oman, and Dubai.
With a customer base of over 10 million, including 1.5 million NRI customers and a large network of remittance partners around the world, Federal Bank handled more than 15% of India’s total inward remittances of $79 billion in 2018. The bank has remittance arrangements with more than 110 Banks/Exchange Companies around the world. The bank is also listed in the BSE, NSE and London Stock Exchange and has a branch in India’s first International Financial Services Centre (IFSC) at GIFT City.
Important takeaways for all competitive exams:
- Federal Bank Limited Headquarters: Aluva, Kerala;
- Federal Bank Limited CEO: Shyam Srinivasan;
- Federal Bank Limited Founder: K.P Hormis;
- Federal Bank Limited Founded: 23 April 1931, Nedumpuram.