Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Stock Report

| More

Federal Bank Wins Great Place to Work® Certification

Posted On: 2021-02-19 03:03:49 (Time Zone: Arizona, USA)

Federal Bank has been recognized as a Great Place to Work in a study conducted by the Great Place to Work® Institute. Great Place to Work® Institute works with companies around the world to build a High-Trust, High-Performance Culture™ that drives better business performance.

Great Place to Work® Institute recognizes organizations on multiple parameters to arrive at the coveted list of companies that provide an enabling environment of sustenance, growth, engagement, work‑life balance and more positive workplace culture aspects to its employees. This certification is particularly significant with the world currently engulfed in the COVID-19 pandemic which has caused tremendous employment challenges and disruptions worldwide. Analyzing the relationship of employees with management, with other employees and with their jobs, the assessment criteria of this survey is built around the core criterion of Trust.

Speaking about the certification, Ajith Kumar K K, Executive Vice President & CHRO said, "The certification comes to us as a great recognition and endorsement by Great Place to Work® Institute and our own employees, for some of the unique and innovative initiatives and best practices followed in Federal Bank, rooted in highly ethical, and inclusive professional environment, topped up with a caring Family culture."

Speaking on the occasion, Shyam Srinivasan, Managing Director & Chief Executive Officer, Federal Bank said, "It is an honour and a huge source of pride to get recognized as a Great Place to Work, especially considering how resilient our team has been in a very challenging environment. In our quest to enhance our workplace and develop in every employee a high degree of pride and loyalty in serving the Bank, this recognition is a strong testimony to our culture, policies and initiatives towards development practiced as a part of our corporate philosophy. Our employees are the ones who put their passion for their work and drive better business results thereby making a difference to our customers.

About 41% of the bank's employees have been with Federal Bank for over 10 years or more, and 18% for more than 20 years. Long employee tenure is a testimony to the Bank's splendid HR practices.

Shares of FEDERAL BANK LTD. was last trading in BSE at Rs.86.75 as compared to the previous close of Rs. 86.7. The total number of shares traded during the day was 669490 in over 1801 trades.

The stock hit an intraday high of Rs. 87.5 and intraday low of 85.6. The net turnover during the day was Rs. 57855542.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

State Bank of India celebrates International Women's Day and organizes 'Annadan'

Central bank of India celebrated International Women's Day on 8th March 2021.

Dhunseri Ventures Limited divests entire stake in Tastetaria Foods Pvt Ltd

Mishra Dhatu Nigam Limited board to consider interim dividend on Mar 15, 2021

Kesoram Industries Ltd allots equity shares, OCRPS to lenders

Lemon Tree Hotels signs new hotel in Biratnagar in Nepal

Religare Enterprises Ltd allots 2,28,750 equity shares

Tanla Platforms Ltd agrees on the outlook for Annual Operating Plan for FY2021-22

Mindspace Business Parks REIT's SPV sign with data center operator for 0.63 million sq.ft.

Asian Granito Ltd approves allotment of 2,88,888 Equity Shares pursuant to conversion of Warrant

PSP Projects Limited receives LOA amounting to Rs. 1491.34 crores

Zensar wins at the 11th Annual Aegis Graham Bell Awards

NMDC Salutes The Spirit Of Women on IWD 2021

20 brands open stores in four months in Omaxe World Street

Dabur joins hands with to Celebrate International Women's Day

PNB Housing Finance partners with Azad Foundation in 'Women with Wheels' programme

Mahindra Logistics Ltd.'s Board appoints Dr. Anish Shah as Chairman

Vedanta - The Magnificent Women of Vedanta and Their Machines

CMI Limited to venture into retail

SPIC resumes production at plants at Tuticorin

National Grid Transforms its Business with Appirio and Salesforce

Intellect launches Magic Aadhaar, an AI powered comprehensive Aadhaar processing solution to identify, extract, validate and mask Aadhaar details

365squared Ltd appoints Tonio Ellul as Chief Executive Officer with immediate effect

DCW raises INR 410 Crore through OCD and NCD

Mold-Tek Technologies Ltd board declares interim dividend of Rs. 0.60 for FY2020-21

Talbros Automotive Components Limited along with JV wins multi-year orders worth ~Rs. 304 crs

SBI Cards and Payment Services Limited board to consider issue of NCDs

Subex to launch new AI Automation Platform

Pritish Nandy Communications Ltd's promoter buy shares from market for third successive year

Mahindra Finance Appoints Amit Raje as Chief Operating Officer Digital Finance - Digital Business Unit

Vivimed Labs Limited receives 2 product approvals from Uzbekistan

Mold-Tek Packaging Limited Board declares Interim Dividend of Rs. 3

Ind-Ra upgrades Happiest Minds Technologies Limited's Long-Term Issuer Rating

Brickwork reaffirms Dhanlaxmi Bank's rating of Lower Tier-II bonds - Series XV

AGEL commissions 100 MW Gujarat Wind Power Project 5 months before schedule

Meera Industries Limited receives order of $180,000

Atul Auto launches its all new Nxt Gen, Atul RIK CNG Autorickshaw for Gujarat

NATCO receives final approval for Everolimus tablets for the US market

Blue Star declared winner of the prestigious 'Golden Peacock Award for Excellence in Corporate Governance' for 2020

Just Dial enters into an advertisement agreement for IPL

Fortis Hospital, Faridabad extends it services at Mathura, Launches Super Specialty OPD services

Fire accident at Radico Khaitan Ltd's Rampur plant

Adani Ports and SEZ Limited to allot 1 crore shares to Windy Lakeside Invesment Ltd

Hero MotoCorp Limited announces exclusive offer for women riders

Mayukh Dealtrade Ltd board to consider Stock Split of Equity Shares

CARE downgrades ratings of Srei Infrastructure Finance Limited to default category

Shish Industries Limited forms subsidiary

Dhani Services Limited board approves sponsored Level III ADR

Prakash Steelage Ltd board approves sale of shares of Tubacex Prakash India Pvt Ltd

Sayaji Hotels Management Ltd enters into management agreement for 7 properties

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020