18th March 2024, Mumbai: Federal Bank has been recognized by Dun & Bradstreet as ESG Champion of India 2024 in the Commercial Banks sector. ESG Awards are a token of appreciation to honor and recognize companies for their Environmental, Social, and Governance (ESG) performance towards achieving sustainable development goals.

Mr. Ajithkumar A, Vice President & Head (Market Risk & ESG), Federal Bank receives the award from Mr. CS Ranjeet Pandey, Chairman – ESG Board, Past President – The Institute of Company Secretaries of India (ICSI) at the prestigious 2nd edition of the ESG Leadership Summit.

Dun & Bradstreet, a leading global provider of business decisioning, data and analytics, enables companies around the world to improve their business performance.

Federal Bank (NSE: FEDERALBNK) is a leading Indian private sector bank with a network of around 1418 banking outlets and 1,960 ATMs/Recyclers spread across the country and the Bank’s total business mix (deposits + advances) stood at ₹ 4.39 Lakh Crore as on 31st December 2023. Capital Adequacy Ratio (CRAR) of the Bank, computed as per Basel III guidelines, stood at 15.02 % as on 31st December 2023. Federal Bank has Representative Offices in Dubai and Abu Dhabi that serve as a nerve center for Non-Resident Indian customers in the UAE. The Bank also has an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City). Federal Bank is transforming itself, keeping its principles intact, into an organization that offers services beyond par. It has a well-defined vision for the future as a guidepost to its progress.