Federal Bank has launched a new version of FedMobile, the Mobile Banking App of the Bank. The new version is simpler, faster and user friendly. The bank’s Customers can register for mobile banking anywhere and make use of the service immediately after downloading the app.
FedMobile now has value-added services, such as top-up and recharge of mobile phones, payment of utility bills and school fee. FedMobile is integrated with the bank’s e-passbook app, Fedbook.
The bank has posted a rise of 1.17% in its net profit at Rs 280.53 crore for the quarter ended March 31, 2015 as compared to Rs 277.29 crore for the same quarter in the previous year. Total income of the bank has increased by 9.77% at Rs 2214.28 crore for quarter under review as compared to Rs 2017.12 crore for the quarter ended March 31, 2014.
