Federal Bank Expands Its Footprint in Navi Mumbai with the Inauguration of its Branch in Ghansoli

Federal Bank announced the grand inauguration of its 166th branch in the Mumbai Zone of the Bank taking the total to 1387 banking outlets.

The auspicious inauguration ceremony took place with esteemed dignitaries gracing the occasion. Shri Satyavan Ubale, Chief Accounts & Finance Officer (Navi Mumbai Municipal Corp), inaugurated the branch, Shri K R Gopi, President of the TTC-MIDC Industries Association, inaugurated the ATM at the branch, and Shri Pratap Thampi, Director of Harmony Edu Serv Pvt Ltd, had the honor of inaugurating the Strong Room/Locker facility at the branch in the presence of officials from the Bank Shri Mahesh R, Senior Vice President & Zonal Head - Mumbai Zone, Shri Ajoy S, Deputy Vice President II & Regional Head - Navi Mumbai, Shri Sagar Deshpande, Circle Business Head - Govt & Inst Business Dept, and Shri Sandeep Aydnal, Manager and Branch Head.

Federal Bank's expansion in Navi Mumbai reflects the institution's commitment to providing superior banking services and fostering strong relationships with its customers. The new branch is equipped with modern facilities and cutting-edge technology to offer a seamless banking experience.

Federal Bank welcomes all customers, businesses, and residents of Navi Mumbai to visit the new Ghansoli branch and explore a world of innovative financial solutions. The branch is located at Shop No. 1&2, Neel Sidhi Anexo, Plot No.2A, Sector 6, Ghansoli, Navi Mumbai, Maharashtra.

Shares of The Federal Bank Limited was last trading in BSE at Rs. 134.15 as compared to the previous close of Rs. 134.65. The total number of shares traded during the day was 455402 in over 6755 trades.

The stock hit an intraday high of Rs. 135.30 and intraday low of 133.50. The net turnover during the day was Rs. 61155628.00.

Source : Equity Bulls

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