New Delhi, Mar 17: Federal Bank today announced the inauguration of its new branch at Okhla Industrial Estate, Phase I, New Delhi, further strengthening its presence in one of the capital’s key industrial and MSME hubs.
The inauguration ceremony was marked by the presence of prominent dignitaries and industry representatives. Shri Sunil Malhotra, President of the Okhla Industries Association, inaugurated the branch. Shri Vinay Baveja, President of the Okhla Printing Press Association (OPPA), inaugurated the strong room, while the ATM-cum-Cash Deposit Machine (CDM) was inaugurated by Shri Y.C. Jain, General Secretary of the Okhla Industries Association.
The event was presided over by Vinod Kumar R, Vice President and New Delhi Zonal Head of the Bank. Other distinguished attendees included Shri Harshpal S. Sawhney, Senior Vice President of the Okhla Industries Association; Shri Jugesh Arora, Organising Secretary of the Association; Shri Augustine Ambat Joseph, Managing Director of Console Industries; and Shri Sunny Dahuja, Deputy Vice President and New Delhi Regional Head of the Bank, along with valued customers and officials from nearby branches.
In his address, Vinod Kumar R highlighted the critical role of MSMEs as the backbone of India’s economy and emphasized the strategic importance of Okhla as a thriving industrial cluster. He noted that the new branch will enable the Bank to better cater to the financial needs of entrepreneurs, manufacturers, traders, and small businesses in the region.
The newly inaugurated branch is equipped with modern infrastructure and advanced technology, designed to deliver a seamless and efficient banking experience to customers.
Now in its ninth decade of operations, Federal Bank continues to expand its footprint through a robust “phygital” strategy, combining an extensive branch network with industry-leading digital capabilities.
