Bally is a town in the Indian state of West Bengal. It is situated in the Howrah District and falls under the Howrah Municipal Corporation. The town is located on the banks of the Hooghly River and strategically stands in between two famous tourist spots - the Dakshineswar Kali Temple and the Belur Math. Bally is very well connected by road, rail as well as water. Three major railway lines pass through Bally - the Howrah-Barddhaman Chord Line, the Howrah?Bardhaman main line and the Sealdah-Dankuni Line. The town of Bally has five railway stations - Bally junction, Bally Ghat, Bally Halt, Rajchandrapur and Belanagar. The Grand Trunk Road passes through this town. Two bridges across the Hooghly river connects Bally with the metro city of Kolkata - the Vivekananda Setu (also known as Bally Bridge) and the Nivedita Setu. Bally also has a ferry pier called Bally Ghat which runs ferry services on the river. Bally is a residential suburb of Kolkata and most of its residents travel to the city for work.
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.