The city of Alwar in the Indian state of Rajasthan is located within Indias National Capital Region. It functions as the administrative headquarters of the eponymous district in Rajasthan. It was formerly known as Ulwar. The city is a hub of tourism as it has several forts, lakes, heritage havelis as well as nature reserves in and around the city. Alwar houses Rajasthans very first private engineering college called the Institute of Engineering and Technology. The city is fairly rich in minerals. Traces of marble, granite, feldspar, dolomite, quartz, limestone, soapstone, barites, copper clay, copper ore and pyrophyllite are found in and around the city. Tourism fuels the economy of Alwar as the city is home to exotic locations of tourist interest. The Bhangarh Fort and the Sariska Tiger Reserve are major tourist attractions. Fairy Queen, Bala Qila, City Palace, Moosi Maharani ki Chhatri, Ashokas Buddhist stupa, Hill Fort Kesroli, etc are other dynamic places that attract tourists to Alwar.
Federal Bank Limited was established on 28th April 1931. In September 2006, the Ganesh Bank of Kurundwad was merged with Federal Bank, and the total number of the bank branches crossed 500. In July 2011, the Federal office launched the general insurance cover for stabilizing the relationship with the clients. FedDelight, banks unique gift card was launched in September 2011. In November 2011, the bank started its 24/7 customer care which was controlled by differently abled people. The Federal Bank has also signed an agreement with Samba Bank for inward remittance. The stocks of the bank get listed on the BSE Index in 2012. In August 2013, the bank launched its first electronic passbook named Fedbook in India, and it was awarded as the most active organization. The bank has adopted an exclusive video conferencing facility named Vconnect to enable customers to interact with relationship managers of the bank. In June 2015, the bank launched an innovative payment app for its customers named, Scan n Pay. Another initiative in digital banking was Fed-E-Credit, the first digital loan in August 2015. In January 2016, the bank introduced miss call based banking services for fund transfer.