answersLogoWhite

0


Best Answer

Federal Bank is a private sector bank in India. It is headquartered in Kochi, Kerala and has over 700 branches in India. It is not owned by the government of India and so it is not a nationalized bank. It is a privately held company.

It is a scheduled bank because it is approved by the Reserve Bank of India to provide banking services in India

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why federal bank is a scheduled bank?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions