Bilaspur is the second largest city in the Bilaspur District, situated in the Indian state of Chhattisgarh. It is believed that Bilaspur had been a colony of a few fishermens huts in the 17th century and has thus been named after a fisherwoman called "Bilasa." The city experiences hot dry summer and mild winters with medium rains during the monsoon. The city is located on the banks of the Arpa River. It is a rain-fed river that originates from the Maikal Range in central India. This region rich in dolomite and is surrounded by the coal mines of the Hasdeo valley as well as verdant green forests. It serves as the headquarters of South Eastern Coalfields Limited. The Arpa river passes through the center of the city and there are many river view areas built in the area for recreational purposes. The city is known for its unique aromatic rice variety called Doobraj rice and its intricate handloom weaved colorful soft Kosa silk saris. These drive the economy of the state along with the mining industry. Bilaspur connects tourists to a plethora of interesting tourist spots such as Amarkantak, Achanakmar Wildlife Sanctuary and Tiger Reserve, Malhar, Ratanpur and quite a few dams in the vicinity.
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.