Federal Bank

Federal Bank's Q1 net profit down 8.4% to Rs 367.29 cr on higher NPA provisions

Federal Bank's Q1 net profit down 8.4% to Rs 367.29 cr on higher NPA provisions

Private sector lender Federal Bank on Friday reported an 8.4 per cent fall in its net profit to Rs 367.29 crore for the first quarter end...Read More

Federal Bank CEO Shyam Srinivasan gets 3-year extension

Federal Bank CEO Shyam Srinivasan gets 3-year extension

Federal Bank shareholders have approved the resolution to re-appoint Shyam Srinivasan as the Managing Director and Chief Executive Office...Read More

RBI okays reappointment of Shyam Srinivasan as MD & CEO of Federal Bank till Sept 2024

RBI okays reappointment of Shyam Srinivasan as MD & CEO of Federal Bank till Sept 2024

The Reserve Bank of India (RBI) on Friday approved the reappointment of Shyam Srinivasam as the Managing Director and Chief Executive Off...Read More

COVID-19 impact: Federal Bank gives 400-odd part-time jobs in Kerala

COVID-19 impact: Federal Bank gives 400-odd part-time jobs in Kerala

Federal Bank on Saturday said it has provided 400-odd part-time jobs with a monthly salary of Rs 18,000 at its branches in Kerala so far,...Read More

Federal Bank board approves Rs 916 crore fund raise from IFC

Federal Bank board approves Rs 916 crore fund raise from IFC

Private sector Federal Bank on Wednesday said its board has approved issuing equity shares to World Bank arm International Finance Corpor...Read More

Customised saving account for seafarers: operate without fear of geo-coordinates and time zone differences

Customised saving account for seafarers: operate without fear of geo-coordinates and time zone differences

Kerala-headquartered Federal Bank launched an exclusive NR savings account scheme for the seafarer segment. This exclusive scheme is for...Read More

Federal Bank shares gain over 2% after earnings

Federal Bank shares gain over 2% after earnings

Shares of Federal Bank on Monday gained over 2 per cent after the company reported a nearly 59 per cent jump in its standalone net profit...Read More

Results: Federal Bank standalone net jumps 59% to Rs 478 cr in March quarter

Results: Federal Bank standalone net jumps 59% to Rs 478 cr in March quarter

Private sector lender Federal Bank on Monday reported nearly 59 percent jump in its standalone net profit at Rs 478 crore for the quarter...Read More

Federal Bank ties up with Mashreq Bank to offer cost-effective instant money transfer

Federal Bank ties up with Mashreq Bank to offer cost-effective instant money transfer

Kerala-headquartered Federal Bank has entered into a strategic tie-up with UAE-based Mashreq Bank to facilitate money transfers from the ...Read More

COVID-19 vaccination: SBI, Central Bank of India, Canara Bank, Federal Bank introduce initiatives for their employees

COVID-19 vaccination: SBI, Central Bank of India, Canara Bank, Federal Bank introduce initiatives for their employees

In order to encourage employees to take COVID-19 vaccination, various banks like State Bank of India (SBI), Central Bank of India (CBI), ...Read More

Federal Bank gross advances up by 9% at Rs 1.35 lakh crore by March 2021

Federal Bank gross advances up by 9% at Rs 1.35 lakh crore by March 2021

Private sector lender Federal Bank on Monday reported a 9 per cent increase in its gross advances to nearly Rs 1.35 lakh crore (Rs 1,34,8...Read More

Sensex down by 800 points; Nifty slips: Shares of Federal Bank, Bandhan Bank, Axis Bank, RBL Bank fall over 4%

Sensex down by 800 points; Nifty slips: Shares of Federal Bank, Bandhan Bank, Axis Bank, RBL Bank fall over 4%

Asian market has been giving mixed reactions ahead of the Federal Reserve’s meeting. In the case of India, the market is trading in red. ...Read More

Federal Bank aims 'mid-teen' growth in credit for FY22

Federal Bank aims 'mid-teen' growth in credit for FY22

Private sector lender Federal Bank is aiming for an acceleration in credit growth into 'mid-teen' figures in 2021-22 on the back of an ec...Read More

Results: Federal Bank's standalone net profit rises to Rs 401 crore

Results: Federal Bank's standalone net profit rises to Rs 401 crore

Federal Bank on Wednesday reported a marginal 4.3 per cent rise in its standalone net profit to Rs 400.77 crore for the first quarter end...Read More

Banking stocks in demand; jump up to 7 pc

Banking stocks in demand; jump up to 7 pc

New Delhi: Banking stocks on Wednesday jumped up to 7 per cent after the government announced Rs 20 lakh crore stimulus package for the c...Read More

Federal Bank Executive Director says RBI cuts not leading to lower costs

Federal Bank Executive Director says RBI cuts not leading to lower costs

Mumbai: Reduction in policy rate by the Reserve Bank of India is not leading to lower cost of funds because of structural rigidity, accor...Read More

Fire Breaks Out At Federal Bank Branch In Lucknow

Fire Breaks Out At Federal Bank Branch In Lucknow

A major fire engulfed at a branch of Federal Bank in Uttar Pradesh’s Lucknow. The fire erupted at a cash counter. A fire brigade vehicle ...Read More

Federal Bank net rises 28 percent as non-core income rises

Federal Bank net rises 28 percent as non-core income rises

MUMBAI: South-based Federal Bank on Thursday reported a 28.31 per cent uptick in December quarter net at Rs 333.63 crore on a rise in non...Read More

Federal Bank gets nod to sell 45% stake in NBFC arm

Federal Bank gets nod to sell 45% stake in NBFC arm

New Delhi: Federal Bank on Monday said the Reserve Bank of India has approved proposal to sell up to 45 per cent stake in NBFC arm Fedfin...Read More

Federal Bank Recruitment 2018: Job vacancy for Clerk & Officer announced; follow these steps to apply

Federal Bank Recruitment 2018: Job vacancy for Clerk & Officer announced; follow these steps to apply

Federal bank announces vacancy for the aspirants who are interested in Clerk & Officer ( in Scale – I ) job. The candidates who wants...Read More

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