Mumbai,24th May 2023 Federal Bank announced the successful completion of the first residential batch of girls from Wayanad at their Federal Skill Academy, Kochi this month. The academy aims to empower young girls also and provide them with the necessary skills and knowledge to excel.
The residential training program, for a duration of 3.5 months was designed to offer an immersive learning experience to the participants. The first residential batch of girls from Wayanad consisted of 24 young, talented individuals from diverse backgrounds.
The successful completion of the residential training marks a significant milestone for the participants and the academy itself. Looking ahead, the Federal Skill Academy is excited to announce its upcoming program. In June 2023, the academy will be launching a new batch of financial accounting and tally training for both boys and girls. This program will provide participants with in-depth knowledge and practical skills in accounting principles, financial management, and the effective use of accounting software Tally.
The Federal Skill Academy is committed to creating opportunities for young girls and boys and empowering them to achieve their dreams. This is part of the Bank’s CSR initiative under the aegis of Federal Bank Hormis Memorial Foundation.
Federal Bank (NSE: FEDERALBNK) is a leading Indian private sector bank with a network of around 1,372 banking outlets and 1,914 ATMs/Recyclers spread across the country. The Bank’s total business mix (deposits + advances) stood at ₹ 3.87 Lakh Crore as on 31st March, 2023. Capital Adequacy Ratio (CRAR) of the Bank, computed as per Basel III guidelines, stood at 14.81% as on 31st March 2023. Federal Bank has Representative Offices in Dubai and Abu Dhabi that serve as a nerve centre for Non-Resident Indian 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.