{"id":7940,"date":"2017-12-05T07:17:10","date_gmt":"2017-12-05T07:17:10","guid":{"rendered":"http:\/\/faceinews.com\/?p=7940"},"modified":"2017-12-05T07:17:10","modified_gmt":"2017-12-05T07:17:10","slug":"federal-bank-launches-noor-personal-accounts-non-interest-bearing-resident-accounts","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=7940","title":{"rendered":"Federal Bank Launches Noor Personal Accounts (Non-Interest Bearing Resident Accounts)"},"content":{"rendered":"<p class=\"m_-2750180554179905980m3642213721150592817m6526746011613465288gmail-msonormal\"><b><span lang=\"EN-IN\"><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/12\/2017-12-02-PHOTO-00000008.jpg\" rel=\"attachment wp-att-7941\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-7941 size-full\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/12\/2017-12-02-PHOTO-00000008.jpg\" alt=\"2017-12-02-PHOTO-00000008\" width=\"564\" height=\"403\" srcset=\"https:\/\/www.faceinews.com\/wp-content\/uploads\/2017\/12\/2017-12-02-PHOTO-00000008.jpg 564w, https:\/\/www.faceinews.com\/wp-content\/uploads\/2017\/12\/2017-12-02-PHOTO-00000008-300x214.jpg 300w\" sizes=\"auto, (max-width: 564px) 100vw, 564px\" \/><\/a><\/span><\/b><\/p>\n<p class=\"m_-2750180554179905980m3642213721150592817m6526746011613465288gmail-msonormal\"><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" rel=\"attachment wp-att-7654\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7654\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" alt=\"Faceinews Logo - Copy\" width=\"173\" height=\"43\" \/><\/a><\/p>\n<p class=\"m_-2750180554179905980m3642213721150592817m6526746011613465288gmail-msonormal\"><b><span lang=\"EN-IN\">Chennai, 4<sup>th<\/sup>\u00a0December 2017:<\/span><\/b><span lang=\"EN-IN\">\u00a0On the day of Milad-E-Sherif, Federal Bank launched \u201cNoor Personal Account\u201d- a non-interest bearing personal account for resident individuals. Launching of the product was done by Shri Navas M Meeran, Managing Director of Eastern Group of Companies. Shri Jose K Mathew, EVP and Head-Retail Business, Shri Sunny NV, SVP and Head Ernakulam Zone, Shri Kuriakose Conil, VP- Retail business, Shri Joy Paul, DVP and Regional Head Aluva attended the function. The holders of this account are eligible for Platinum Rupay card with daily transaction limit of Rs 2 Lakhs and access to lounges at select airports two times a quarter.<\/span><u><\/u><u><\/u><\/p>\n<p class=\"m_-2750180554179905980m3642213721150592817m6526746011613465288gmail-msonormal\"><b><i><u>About Federal Bank:<\/u><\/i><\/b><u><\/u><u><\/u><\/p>\n<p class=\"m_-2750180554179905980m3642213721150592817m6526746011613465288gmail-msonormal\"><i>Federal Bank is a leading Private Sector Bank with a branch network of 1,252 branches and 1,680 ATMs spread across the country. The Bank\u2019s total business mix (deposits + advances) stands at Rs 1.72 Lakh\u00a0Crore as at June 30, 2017 and it has earned a net profit of Rs 210.15 Crore for Q1 FY18.\u00a0 Bank\u2019s Capital to Risk weighted Ratio (CRAR) stood at 15.28% at the end of June 30, 2017.\u00a0 Federal Bank has its Representative Office at Dubai and Abu Dhabi that serves as a nerve centre for NRI customers in the UAE. The Bank also has an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City).Federal Bank is transforming itself, keeping its principles intact, into an organization that offers services beyond par. It has a well-defined vision for the future as a guidepost to its progress. During FY\u00a017 the bank handled around\u00a015 % of the total personal inward remittance to India.<\/i><u><\/u><u><\/u><\/p>\n<div>\n<p class=\"m_-2750180554179905980m3642213721150592817m6526746011613465288gmail-msonormal\">\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chennai, 4th\u00a0December 2017:\u00a0On the day of Milad-E-Sherif, Federal Bank launched \u201cNoor Personal Account\u201d- a non-interest bearing personal account for resident individuals. Launching of the product was done by Shri Navas M Meeran, Managing Director of Eastern Group of Companies. Shri Jose K Mathew, EVP and Head-Retail Business, Shri Sunny NV, SVP and Head Ernakulam Zone, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7941,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-7940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/7940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7940"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/7940\/revisions"}],"predecessor-version":[{"id":7942,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/7940\/revisions\/7942"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/media\/7941"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}