Question

Which prestigious title did The Banker award to the Federal Bank in 2023?

A Bank of the Decade Correct Answer Incorrect Answer
B Bank of the Century Correct Answer Incorrect Answer
C Bank of the Year 2023 Correct Answer Incorrect Answer
D Financial Institution of the Year Correct Answer Incorrect Answer
E Global Banking Excellence Award Correct Answer Incorrect Answer

Solution

The Banker, a globally recognized financial intelligence magazine, awarded the Federal Bank of India the prestigious title of "Bank of the Year 2023." This recognition highlights the bank's exceptional performance, resilience, and significant contributions to the Indian banking sector amidst challenging economic landscapes. The decision to bestow this esteemed title upon the Federal Bank underscores the bank's unwavering commitment to excellence, innovation, and customer-centric services.

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