Federal Bank ties up with Kerala Tourism Department: Report

27 Dec 2013 Evaluate

Federal Bank, Kerala based private sector bank, has reportedly entered into a tie up with Kerala Tourism Department as title sponsors for the Grand Kerala Shopping Festival 2013. The bank is coming with a host of offers such as double and triple reward points for everyone shopping with Federal Bank debit cards. The bank gift card worth Rs 5,000 would be given to top two spenders every day.

Federal Bank has reported rise of 4.98% in its net profit at Rs 225.81 crore for the second quarter ended September 30, 2013 as compared to Rs 215.10 crore for the same quarter in the previous year. Total income from operation of the bank has increased by 11.58% at Rs 1857.84 crore for quarter under review as compared to Rs 1665.04 crore for the quarter ended September 30, 2012.

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