Federal Bank has been identified as one among India's 50 Best Companies to Work for in 2021

Federal Bank today announced that Great Place to Work®️ Institute has recognized it as one among India's 50 Best Companies to work for in 2021. It also recognized Federal Bank under Best in Banks category. Federal Bank received this certification for excelling on the 5 dimensions of a High-Trust, High-Performance Culture™ - Credibility, Respect, Fairness, Pride and Camaraderie.

The awarding organization, Great Place to Work®️ Institute, is the 'Global Authority' for creating, sustaining and identifying High-Trust, High-Performance Culture™. Considered the 'Gold Standard' in Workplace Culture Assessment, Great Place to Work®️ identifies Best Workplaces solely on the basis of Employee Feedback and quality of People Practices in an organization. No jury or individual can influence the results of the assessment.

Commenting on the recognition Mr. Shyam Srinivasan, MD & CEO of the Bank said "It fills me with pride to announce that we have been recognized as one among the top 50 of India's best companies for work for in 2021 by 'Great Place to Work®️ Institute'. We have always promoted a high trust and high performance work culture here and it feels good to see our hard work bear fruit".

Mr. Ajith Kumar K K, CHRO of the Bank remarked that "Creating a work culture that is both comfortable and fulfilling for our employees has always been a big focus here at Federal Bank. All that hard work has paid off and we have been recognized as 'India's Best Workplace among Banks, 2021' by Great Place to Work®️ Institute. A proud moment for all of us".

Shares of FEDERAL BANK LTD. was last trading in BSE at Rs.85.25 as compared to the previous close of Rs. 83.85. The total number of shares traded during the day was 976978 in over 4277 trades.

The stock hit an intraday high of Rs. 85.5 and intraday low of 81.9. The net turnover during the day was Rs. 82274895.

Source : Equity Bulls

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