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About Federal Bank:
Federal Bank is a leading Private Sector Bank with a branch network of 1,252 branches and 1,667 ATMs spread across the country. The Bank’s total business mix (deposits + advances) stands at Rs 1.71 Lakh Crore as at March 31, 2017 and it has earned a net profit of Rs 830.79 Crore. Bank’s Capital to Risk weighted Ratio (CRAR) stood at 12.39% at the end of March 31, 2017. Federal Bank has its Representative Office at Dubai and Abu Dhabi that serves as a nerve centre for NRI customers in the UAE. The Bank also has an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City).Federal Bank is transforming itself, keeping its principles intact, into an organization that offers services beyond par. It has a well defined vision for the future as a guidepost to its progress. During FY 17 the bank handled around 15 % of the total personal inward remittance to India.