K.P Hormis

K.P Hormis (Kulangara Paulo Hormis), acquired the Federal Bank from Pattamukkil Varattisseril brothers and rechristened it. He was born on 18 October 1917 at Mookkannoor; a small village in the suburbs of Greater Cochin in a traditional agrarian family. He initially started his professional journey as a Lawyer in the Munisiff Court of Perumbavoor. He took over the management of Travancore Federal Bank on 30 December 1944 and till 18 May 1945 Travancore Federal Bank Limited functioned at Nedumpuram under his chairmanship.[1][2][3][4][5][6] The Federal Bank Limited is a major private sector commercial bank headquartered at Aluva, Kochi, Kerala. As on 31 March 2016, Federal Bank has 1252 branches, 1680 ATMs and 212 CDMs (Cash Deposit Machines) across the country. Its balance-sheet stood at Rs. 1.37 trillion as of end March 2016 and its Net Profit stood at Rs. 475 crore for the fiscal year.[7][8][9]

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