MoneyWorks4Me

Federal Bank enters into strategic alliance with OneCard

23 Sep 2021 Evaluate

Federal Bank has entered into a strategic alliance with OneCard and launched a mobile -first Credit Card that aims to provide a seamless digital experience to the young, tech-savvy population across the country. 

With OneCard, Federal Bank will target the young working professionals between 23-35 years, primarily representing the millennials and Gen Z.  This digitally native cohort is open to experimenting with new apps and have considerable disposable income.

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

Peers
Company Name CMP
HDFC Bank 692.60
ICICI Bank 1354.00
Axis Bank 1247.00
Kotak Mahindra Bank 438.70
Indusind Bank 865.40
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