New Delhi : Federal Bank inaugurated new branch at Okhla Industrial Estate, Phase I, New Delhi. The auspicious inauguration ceremony took place with esteemed dignitaries gracing the occasion. In a colourful function, the branch was inaugurated by Shri Sunil Malhotra, President of the Okhla Industries Association. Shri Vinay Baveja, President of the Okhla Printing Press Association (OPPA) inaugurated the strong room, while the ATM cum CDM was inaugurated by Shri Y C Jain, General Secretary of the Okhla Industries Association.
Vinod Kumar R, Vice President & New Delhi Zonal Head of the Bank presided over the function. The event was further graced by the presence of Shri Harshpal S Sawhney, Senior Vice President of the Okhla Industries Association, Shri Jugesh Arora, Organising Secretary of the Okhla Industries Association, Shri Augustine Ambat Joseph, MD of Console Industries, Shri Sunny Dahuja, Deputy Vice President & New Delhi Regional Head of the Bank, customers and Heads of nearby branches.
During his presidential address, Vinod Kumar highlighted the importance of MSMEs as the backbone of India’s economy and emphasized Okhla’s strategic significance as a major MSME hub. He noted that the new Branch will enable the Bank to better serve entrepreneurs, manufacturers, traders, and small businesses in the region.
The new branch is equipped with modern facilities and cutting-edge technology to offer a seamless banking experience. Federal Bank, now in its ninth decade of operations, continues to expand through a phygital strategy, combining a strong branch network with industry-leading digital capabilities.