Federal Bank launches NR savings accounts for NRI women
Mumbai: Federal Bank, on the occasion of the start of the FIFA Women’s World Cup, announced the launch of an exclusive NR savings account scheme, specifically curated for Non-Resident Indian (NRI) women.

This scheme, named NRE Eve+, is designed to cater to the unique financial needs of NRI women, offering a range of benefits tailored to enhance the financial journey of NRI women.
The global virtual launch witnessed unveiling of the product theme by Shyam Srinivasan, MD & CEO, Federal Bank.
A prototype of the exclusively designed debit card was unveiled and presented to its first NRE Eve + customer, Suni Paul by Shalini Warrier, Executive Director at Aluva.
The first NRE Eve + holders from Abu Dhabi included Mrs Beena Muraleedharan, Executive Director, SFC group, and Danesa Thandassery Raghulal, ED - Elite Foods Pvt Ltd and from Dubai, Jean Shahdadpuri , MD- Nikai Group of Companies.
The release of the product was also announced at the Nurses Day Out Event conducted as part of Angel Awards 2023, which was held at the De Montfort University, Dubai.
On the occasion of the launch, Shalini Warrier, Executive Director of Federal Bank, said, "Federal Bank has always been a pioneer in the Non-Resident customer segment. This product is designed to incorporate unique features and benefits which will surely be an attractive proposition to our valued women in the diaspora and will contribute to their financial well-being, making a meaningful impact in their lives."
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles

CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.

JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.

LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).

De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News

'Any misadventure in the Sir Creek sector will invite a decisive response': Rajnath Singh warns Pakistan

'He should have resigned': Congress leader Raashid Alvi counters Chidambaram's 26/11 admission

Siraj, Bumrah help India bowl out West Indies for 162 in Ahmedabad

RSS chief Mohan Bhagwat speaks on Pahalgam attack, tariff war, Aatmanirbhar Bharat in Dashami speech: Excerpts
