Federal Operations And Services Careers

The company is a unlisted public company having its registered office in Aluva, Kerala with an authorized capital of Rs. 20 Crores and a paid up capital of Rs. 5 Crores as on the date of the incorporation. Company is having 7 shareholders. However, entire beneficial ownership is held by the Federal Bank and remaining 6 shareholders are nominee shareholders only. Board of the FedServ consists of 4 directors including independent chairman who are nominated by the Bank. FedServ will be wholly devoted to the back end operational and technology oriented activities of the Bank. FedServ will provide its services only to the parent company Bank. Subsidiary will not provide its services to any other entity.