Federal Bank joins IMPS with soft launch
One more South Indian Based Bank, Federal Bank, plunged into IMPS. Federal Bank joined IMPS with a soft launch on 15/02/2011.
So, in the next financial year, Federal Bank customer’s would be enjoy the power of IMPS
As usual, this being only a soft launch, no details yet is updated on its website.
The Origins of the Bank can be traced back to the pre-independence era. Initially known as Travancore Federal Bank, it’s existing name ‘Federal Bank’, was adopted in 1947. It’s headquarters is nestled on the banks on the river Periyar. S