Federal Bank has received approval for investment of Rs 22 lakh in Kerala infrastructure Fund Management (KIFML), which is more than 5% of the paid up capital of KIFML.
Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.