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Company Directory - Federal Bank Limited

Company Details - Federal Bank Limited

Federal Bank Limited Logo

Federal Bank Limited

Website

Aluva, India

NSE: FEDERALBNK, BSE: 500373 

Federal Bank Limited is a prominent Indian private sector bank offering a wide array of financial products and services including personal banking, corporate banking, loans, and digital banking solutions. It plays a significant role in the financial landscape of India.

CCI Score

CCI Score: Federal Bank Limited

-45.56

0.03%

Latest Event

Federal Bank Faces Employee Strikes Amid Leadership Changes

Employee unrest due to inadequate labor practices and unaddressed union demands amid a leadership change. The bank's rapid expansion and soaring profits have not translated into improved working conditions for its staff, leading to widespread strikes and highlighting systemic labor issues.

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QUISLING

Federal Bank Limited is currently rated as a Quisling.

-44 to -59 CCI Score
These companies are fully aligned with authoritarian regimes. They not only support but also enforce oppressive policies, playing a significant role in the regime’s operational apparatus and contributing directly to its consolidation of power.

Latest Events

  • Federal Bank Faces Employee Strikes Amid Leadership Changes Logo
    SEP
    28
    2024

    Employee unrest due to inadequate labor practices and unaddressed union demands amid a leadership change. The bank's rapid expansion and soaring profits have not translated into improved working conditions for its staff, leading to widespread strikes and highlighting systemic labor issues.

  • -50

    Labor Relations and Human Rights Practices

    March 22

    The ongoing strikes and employee protests at Federal Bank underscore serious labor relations and human rights concerns. Despite impressive profit growth, the bank's failure to improve working conditions and address union demands reflects a neglect of essential employee rights. This situation not only harms workers but also undermines broader social accountability, aligning with anti-fascist critiques of companies that exploit labor disparities in favor of profit.

    Federal Bank Faces Employee Strikes Amid Leadership Changes

  • Federal Bank Launches India's First Facial Payment System: A Double-Edged Technological Innovation Logo
    AUG
    29
    2024

    Federal Bank Limited has introduced SmilePay™, India's first facial recognition based payment system. While the innovation promises enhanced transaction security and efficiency, it also raises concerns regarding biometric data privacy and the potential normalization of surveillance technologies, which critics argue could contribute to authoritarian practices in the long term.

  • Federal Bank Staff Union Protests at Headquarters Logo
    JUN
    13
    2024

    Federal Bank employees protested at headquarters, demanding adherence to transfer guidelines and protection of trade union rights, while calling for an end to fixed-term employment practices. This event highlights serious concerns regarding the bank's labor rights practices and suggests a disregard for worker protection.

  • -60

    Labor Relations and Human Rights Practices

    March 22

    The protest by Federal Bank staff raises significant alarms about the company’s approach to labor relations. The call to 'stop attacks on trade unions' indicates that internal policies may be undermining worker rights. Such disregard for fair labor practices is problematic from an anti-fascist perspective, as it exposes vulnerabilities to exploitation and the suppression of collective worker power, which can contribute to broader systemic authoritarian control.

    'Follow Transfer Guidelines, Stop Attacks on Trade Unions': Federal Bank Staff Union Protests at Headquarters

  • Staff Shortage and Unfair Practices Protest at Federal Bank Logo
    MAY
    23
    2024

    Federal Bank Limited faces worker protests over staff shortages and alleged unfair practices, raising concerns about its commitment to ethical labor relations and business practices.

  • -60

    Business Practices and Ethical Responsibility

    March 22

    The protest by Federal Bank employees over staff shortages and unfair practices highlights significant issues in labor relations and ethical responsibility. This event reflects poorly on the bank's adherence to fair labor practices and raises concerns about potential systemic exploitation, which can indirectly support oppressive economic structures.

    Staff Shortage and Unfair Practices: Federal Bank Employees Stage Nationwide Protests

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