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'Mdu region key for Federal Bank in its strategic growth'

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Press Trust of India Madurai
Madurai region is a key market for Federal Bank in its strategic growth and India expansion agenda because of the tremendous potential and possibilities, MD and CEO of the bank Shyam Srinivasan said here today.

"Madurai Region is a key market in strategic growth and India expansion agenda because of the tremendous potential and possibilities in the region," he told bank customers.

The CEO was on a tour of Madurai region to interact directly with customers and create awareness on the Bank's services.

He said the Bank has introduced a wide range of savings accounts with smart features like Internet Banking, fund transfers, e-statements, online bill payments to make banking a smoother experience.
 

A bank press release quoted him as saying that it's products, including 'Mahilamitra' and 'Yuvamitra' are targeted at women and youth.

The Federal Bank created awareness about Young Champ - first account programme for children with save invest earn concept and auto transfer facility from parents account. Federal Bank Net Banking and Debit Card customers could get up to Rs 750 off if they shop on on eBay India,the release said.

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First Published: Jan 25 2015 | 1:20 AM IST

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