Federal Bank: 100 Branches in FY23?

Expanding with 100 New Branches, Focused on Small Business Loans.  Read More>>

Last Year's Growth

The bank opened 75 branches last fiscal, with one-third of its loan book dedicated to SMEs, retail, and wholesale loans.

Focus on SMEs

Federal Bank's strategy is to align with the fast-growing SME segment, particularly in Tamil Nadu, Karnataka, Andhra Pradesh, and Telangana.

Branch Expansion

Over five years, the bank doubled its branch presence from 600 to 1,100, emphasizing its commitment to regional growth.

Co-Lending Initiatives

Federal Bank plans co-lending partnerships with fintech players like Yubi, aiming to expand its SME lending capabilities.

Strengthening SME Support

The bank's co-lending agreements will further empower SMEs, aligning with India's growing small business sector.

Driving Economic Growth

Federal Bank's expansion and SME focus contribute to economic growth by supporting small businesses in key states.