Federal Bank has officially announced the launch of revamped versions of two existing current account variants: Fed Prime and Shreni CA Premium. Both new offerings were made effective on February 24, 2026. The bank confirmed that both account types are categorized as Current Accounts and will be exclusively available for the Domestic Market, indicating no immediate international rollout.
Product Enhancement Initiative by Federal Bank
Federal Bank today disclosed the introduction of upgraded versions for two of its existing current account products as part of its ongoing product development strategy. The official intimation confirms that the revamped accounts, Fed Prime and Shreni CA Premium, are now operational.
Key Launch Details
The details regarding the product launch, submitted to the exchanges, highlight the following specifics:
| Product Name | Launch Date | Category | Target Market |
| Fed Prime | 24th February 2026 | Current Account | Domestic Market |
| Shreni CA Premium | 24th February 2026 | Current Account | Domestic Market |
Both products are classified as Current Accounts. Furthermore, the bank specified that the launch pertains exclusively to the Domestic Market, with no countries listed for international availability at this time.
Compliance and Confirmation
This announcement was made in adherence to applicable listing regulations and regulatory requirements governing material events disclosed by listed entities.
Source: BSE
