Federal Bank in its endeavor to expand its presence in the Northeast region of India is inaugurating 5 new branches. These branches are located in Bijoyanagar (Assam), Dharmanagar (Tripura), Karimganj (Assam), Kolasib (Mizoram) and Naharlagun (Arunachal Pradesh), marking a substantial step forward in the bank’s commitment to serve the diverse financial needs of this region.
Shyam Srinivasan, MD & CEO of Federal Bank, conducted a virtual inauguration in the presence of senior management, staff, and customers. The Bank would have opened 1500 banking outlets by 31st March 2024. Federal Bank aims to provide financial tools and resources to individuals and businesses, while also being a responsible community partner, participating in initiatives supporting local development and wellbeing, by expanding its reach.
Sabu R S, Senior Vice President and Zonal Head, Kolkata Zone, Federal Bank post the inauguration said, “This year is significant to us as the Bank has completed 50 years of presence in this region and we aim to expand our network bringing the bank’s advanced financial services and products closer to its customers.”
