<h1>Federal Bank launches Prospera NRE Savings Account for affluent NRIs with insurance, lounge access, and investment options.</h1> Federal Bank has introduced Prospera, a new NRE Savings Account variant targeting affluent NRIs, offering benefits such as complimentary insurance up to Rs. 60 Lakh, airport lounge access, and special debit card rewards. An initial offer includes discounts on travel bookings. The launch event in Dubai marked the first international media interaction for the bank's new CEO. The bank emphasizes its strong connection with NRIs, handling a significant portion of India's inward remittances. It also announced a new mobile banking feature for NRI customers to invest in the Indian stock market, highlighting its leadership in remittance services and digital innovation.