Q. Which Aluva-based Kerala bank is renowned for NRI banking services?
Answer: Federal Bank
Notes: Federal Bank was established in 1931. Its headquarters are in Aluva, Kerala. The bank is recognized for its specialized services for Non-Resident Indians, especially remittance and account services. Federal Bank operates one of the largest NRI customer bases among private sector banks in India. In 2024, it manages over 1,300 branches across India and a comprehensive online NRI banking platform focused on the Gulf region clientele.