Morena is located in the Indian state of Madhya Pradesh. It is situated in the Chambal division of the state and houses the administrative headquarters of the Morena district. The area was once notorious for dacoits, who terrorized the residents and plundered everything. It has now become a safer place and its 3 lakh residents can peacefully live their lives in the city. Many industrial units have been set up at Morena and the place has gained importance in terms of business and commerce. Located in the basin of the Chambal River, Morena has a tract of rich alluvial soil in some areas where wheat and oilseeds are widely cultivated. Morena has some quarries for building stones. There are forest areas which are inhabited by peacocks. The city is known for its sweets - Gajak is a traditional sweet made of sesame and jaggery and manufactured at Morena during winter; Malpua, made of flour and jaggery, is another delicious sweet that Morena is known for. Tourism is a major economic source in this city. The areas worth visiting in and around Morena are National Chambal Gharial Wildlife Sanctuary, Pahargarh cave paintings, Sabalgarh Fort, Sersaini Fort, Jain Temples and various Hindu temples.
The Federal Bank Limited based in Kochi, Kerala is a major private sector commercial bank. The Federal Bank had 1252 branches and 1680 ATMs across the country, as on 31 March 2016. The Pattamukkil Varattisseril Brothers gathered together to discuss the necessary steps to be taken to form a bank, on 7th April 1931 at Pattamukkil Varattisseril Tharavad. Among the founders of the bank are Pattamukkil Varattisseril Oommen Geevarghese, and his brothers Oommen Kurian, Oommen George Oommen Chacko. The Oommen Chacko was the managing director, and the Oommen Geevarghese was the founder chairman. The limitation of interest by the Travancore Debt Relief Act, 1941 and The Travancore Agriculturists Relief Act, 1939, greatly influenced the smooth functioning of the bank. On 2 December 1949, the bank was named Federal Bank Limited, after the completion of formalities of Banking Regulation Act, 1949. The Federal Bank introduced FedBook, the first electronic passbook in August 2013. The FedBook is a mobile application using which customers can check their passbook details. Federal Bank and SBI Card launched Federal Bank-SBI two co-branded Visa credit cards, namely Platinum and Gold N More in May 2015. In July 2015, an automated chat facility was introduced by the Federal Bank. Federal Bank launched Indias first Mobile App for Bank Account Opening in August 2015, creating history. As an upgrade to FedBook, e-Passbook App was launched by the bank as a unique facility of mobile-based bank opening. Anyone having an Aadhaar Card and PAN Card, can open a Savings Bank Account and get their Account Number instantly using a mobile from anywhere through the new avatar of Fedbook. In August 2016, Lotza, the Unified Payment Interface app was launched by the Federal Bank.