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Federal Bank LimitedIndia

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Last update: 2024-10-11 10:32:38
Federal Bank's head office in Kuvala. Photo: RanjithSiji via Wikimedia Commons (CC BY-3.0)

Active

This profile is actively maintained
Last update: 2024-10-11 10:32:38
About
Website https://www.federalbank.co.in
Headquarters
P B No 103 Federal Towers
Aluva - 683101 Kerala
India
CEO/chair KVS Manian
Managing Director & CEO
Supervisor
Reserve Bank of India
Ownership
listed on Bombay Stock Exchange, London Stock Exchange & National Stock Exchange of India

The IFC owns a 7.244% stake in Federal Bank Limited. The bank's complete shareholder structure can be accessed here.

Federal Bank Limited, established in 1931, is a large commercial bank in India. The bank is headquartered in Aluva in and has more than 1,250 branches spread across different states in India. It also has representative offices abroad in Abu Dhabi, Qatar, Kuwait, Oman and Dubai. The bank offers services in retail, corporate and investment banking.

Sustainability
Commitments
Policies
Voluntary standards

Federal Bank's most important sustainability commitments can be found at the website sections listed below.

Links

Corporate social responsibility

Codes & policies

CSR policy 2023-2024

Bank policy
2023-11-03 00:00:00 | Federal Bank Limited

Environmental, social and governance policy

Bank policy
2023-05-05 00:00:00 | Federal Bank

Corporate social responsibility policy

Bank policy
2021-09-17 00:00:00 | Federal Bank Limited

Environmental and social management system policy

Bank policy
2021-08-03 00:00:00 | Federal Bank Limited
Federal Bank Limited has committed itself to the following voluntary standards:
IFC - Green Equity ApproachTags: corporate social responsibility
News
Resources
Documents
Accountability
Grievances

Federal Bank Limited does not operate a complaints or grievances mechanism for individuals or communities that might have been afffected by the bank's finance.

This page evaluates Federal Bank Limited's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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Good Moves

Good moves

Year:

2021

IFC stake in India’s 7th largest commercial bank results in no new coal commitment

A new report released today by Centre for Financial Accountability India and Recourse reveals how India’s 7th largest commercial bank – Federal Bank Limited – has turned its back on new coal. The bank received a $126 million equity investment from the International Finance Corporation (IFC)…