Federal Bank appoints Rajesh Varrier, president of global operations at Cognizant, as an independent director. The bank reports strong financial performance, including increased net profit and net interest income compared to the prior year. Varrier’s appointment follows the bank’s positive quarterly results announcement.
Federal Bank supports Mookkannoor’s bid to become India’s cleanest postal area through the *Mookkannoor Mission*, a three-phase digitization and cleanup initiative under Swachh Bharat Abhiyan. The project launches on Founder K.P. Hormis’ 106th birth anniversary and includes complementary programs like blood and cloth drives, skill academies, and new bank branches. Implementation spans three years.
News18, Federal Bank Hormis Memorial Foundation, and Tata Trusts have launched *Sanjeevani-United Against Cancer*, a collaborative cancer awareness and support initiative. The partnership combines media outreach, financial backing, and philanthropic resources to address cancer challenges in India. The program aims to mobilize public and institutional support for cancer patients through coordinated efforts.
Network18 and Federal Bank launch **Sanjeevani – A Shot of Life**, a CSR initiative to educate Indians on COVID-19 vaccination. The campaign delivers verified vaccine information through Federal Bank’s outreach programs. The effort targets nationwide awareness to combat vaccine hesitancy.