Which bank has been recognized as "Bank of the Year

Solution

Federal Bank, a leading financial institution, has been recognised as "Bank of the Year (India)" by Financial Times owned The Banker, one of the only three global awards that considers the work of banks spanning 120 countries. This prestigious recognition is a testament to the Bank's unwavering commitment to innovation, customer-centric services, and its outstanding contributions to the banking industry over the past year. One of the standout initiatives that garnered attention was the introduction of the Digital Personal Loan by Federal Bank. This innovative product allows customers to seamlessly apply for and receive loans entirely online.