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Why federal bank is a scheduled bank?

Updated: 9/19/2023
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13y ago

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Federal Bank is a private sector bank in India. It is headquartered in Kochi, Kerala and has over 700 branches in India. It is not owned by the government of India and so it is not a nationalized bank. It is a privately held company.

It is a scheduled bank because it is approved by the Reserve Bank of India to provide banking services in India

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13y ago
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