Kulangara Paulo Hormis (18 October 1917 – 26 January 1988) was an Indian banker and lawyer, who bought the shares and rechristened Federal Bank Limited.[1]

K. P. Hormis
Born(1917-10-18)18 October 1917
Died26 January 1988(1988-01-26) (aged 70)
NationalityIndian
Occupations
  • Lawyer
  • Banker
Known forFounder of Federal Bank

Early life and education

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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 until 18 May 1945 Travancore Federal Bank Limited functioned at Nedumpuram under his chairmanship.[2][3][4][5][6][7]

The Federal Bank Limited is a major private sector commercial bank headquartered at Aluva, Kochi, Kerala. As on 31 March 2016, Federal Bank has 1,253 branches, 1,680 ATMs and 212 CDMs (Cash Deposit Machines) across the country. Its balance sheet stood at ₹1.37 trillion as of end March 2016 and its net profit stood at ₹475 crore for the fiscal year.[8][9][10]

References

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  1. ^ "Top Private Banks in India | Federal Bank Founder | Federal Bank | Personal Banking". Archived from the original on 5 March 2021. Retrieved 9 March 2021.
  2. ^ Mathew, Biju (2 September 2015). Kerala Tradition & Fascinating Destinations 2015. ISBN 9788192947020. Archived from the original on 10 March 2023. Retrieved 7 September 2021.
  3. ^ "Federal Bank observes 69th Founder's Day on 18th October". Archived from the original on 12 March 2018. Retrieved 12 March 2018.
  4. ^ "Federal Bank: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Federal Bank - NDTV". Archived from the original on 12 March 2018. Retrieved 12 March 2018.
  5. ^ "Banking on the brand". The Week. Archived from the original on 12 March 2018. Retrieved 12 March 2018.
  6. ^ http://www.fbrof.com/files/downloads/8034575227.pdf Archived 12 March 2018 at the Wayback Machine [bare URL PDF]
  7. ^ Pillai, R. Ramabhadran (20 March 2013). "When Kochi developed, these banking institutions stood as pillars of support". The Hindu. Archived from the original on 29 July 2013. Retrieved 12 March 2018.
  8. ^ "Federal Bank LTD. Business enquiry form". Archived from the original on 12 March 2018. Retrieved 12 March 2018.
  9. ^ "Centenary Birth Anniversary Celebration of Federal Bank Founder KP Hormis launched". Archived from the original on 12 March 2018. Retrieved 12 March 2018.
  10. ^ "Hormis memorial lecture". The Hindu. 11 March 2017.