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India

Federal Bank Ltd (FED.BO)

FED.BO on Bombay Stock Exchange

79.75INR
21 Feb 2019
Change (% chg)

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Rs79.75
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836,957
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Rs105.00
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Rs67.05

Latest Key Developments (Source: Significant Developments)

Federal Bank Dec-Qtr NIM 3.17 Pct Vs 3.33 Pct Last Year
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Federal Bank Ltd ::DEC QUARTER NIM 3.17 PERCENT VERSUS 3.33 PERCENT LAST YEAR.  Full Article

Federal Bank Says Slippages On Account Of Kerala Floods Along Guided Lines
Tuesday, 16 Oct 2018 

Oct 16 (Reuters) - Federal Bank Ltd ::SEPT QUARTER NIM 3.15 PERCENT.SEPT QUARTER FRESH SLIPPAGES 4.77 BILLION RUPEES VERSUS 2.84 BILLION RUPEES LAST YEAR.SAYS SLIPPAGES ON ACCOUNT OF KERALA FLOODS ALONG GUIDED LINES.  Full Article

Fedbank Financial Services Signs Deal With Federal Bank, Private Equity Firm True North
Monday, 8 Oct 2018 

Oct 8 (Reuters) - Federal Bank Ltd ::FEDBANK FINANCIAL SERVICES LIMITED ENTERS AGREEMENT WITH FEDERAL BANK LIMITED AND PRIVATE EQUITY FIRM TRUE NORTH.TRUE NORTH WILL SUBSCRIBE TO SHARES OF FEDBANK CONSTITUTING 26 PERCENT OF SHARE CAPITAL.AGREEMENT ALSO ALLOWS TRUE NORTH TO FURTHER ACQUIRE ADDITIONAL SHARES OF CO CONSTITUTING UPTO 45 PERCENT OF SHARE CAPITAL.  Full Article

Federal Bank Gets RBI Nod To Set-Up Of Unit For Operational Activities Of Bank
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Federal Bank Ltd ::GOT IN- PRINCIPLE APPROVAL FROM RBI FOR SETTING UP OF WHOLLY OWNED SUBSIDIARY FOR OPERATIONAL ACTIVITIES OF BANK.  Full Article

Federal Bank Approves Borrowing/Fund Raising Via Issue Of Debt Securities
Friday, 22 Jun 2018 

June 22 (Reuters) - Federal Bank Ltd ::APPROVED BORROWING/FUND RAISING VIA ISSUE OF DEBT SECURITIES INCLUDING NCDS.  Full Article

Federal Bank Says Unit To Issue New Shares To Fund Managed By True North Enterprise
Friday, 11 May 2018 

May 11 (Reuters) - Federal Bank Ltd ::FEDBANK FINANCIAL SERVICES TO ISSUE NEW SHARES,CONSTITUTING 26 PERCENT OF POST-ISSUE PAID UP CAPITAL,TO FUND MANAGED BY TRUE NORTH ENTERPRISE.  Full Article

India's Federal Bank Says RBI Gives Nod To Co For Buying Stake In Equirus Capital
Friday, 11 May 2018 

May 11 (Reuters) - Federal Bank Ltd ::RBI GIVES NOD TO CO FOR INVESTING UP TO 19.90 PERCENT OF EQUITY CAPITAL OF EQUIRUS CAPITAL.  Full Article

Federal Bank March Qtr Profit Down About 43 Pct
Wednesday, 9 May 2018 

May 9 (Reuters) - Federal Bank Ltd ::MARCH QUARTER NET PROFIT 1.45 BILLION RUPEES VERSUS NET PROFIT OF 2.57 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR MARCH QUARTER NET PROFIT WAS 2.87 BILLION RUPEES.MARCH QUARTER INTEREST EARNED 25.48 BILLION RUPEES VERSUS 23.16 BILLION RUPEES YEAR AGO.MARCH QUARTER PROVISIONS 3.72 BILLION RUPEES VERSUS 1.23 BILLION RUPEES YEAR AGO.RECOMMENDED DIVIDEND OF 1 RUPEE PER SHARE.MARCH QUARTER GROSS NPA 3 PERCENT VERSUS 2.52 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 1.69 PERCENT VERSUS 1.36 PERCENT PREVIOUS QUARTER.  Full Article

Federal Bank's NIM As On Dec 31 At 3.33 Pct
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Federal Bank Ltd ::SAYS NET INTEREST MARGIN AS ON 31ST DEC 2017 AT 3.33 PERCENT.  Full Article

Federal Bank Dec-Qtr Profit Up About 26 pct
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Federal Bank Ltd ::DEC QUARTER NET PROFIT 2.60 BILLION RUPEES VERSUS NET PROFIT OF 2.06 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR DEC QUARTER NET PROFIT WAS 2.63 BILLION RUPEES.DEC QUARTER INTEREST EARNED 25.01 BILLION RUPEES VERSUS 22.81 BILLION RUPEES YEAR AGO.DEC QUARTER PROVISIONS 1.62 BILLION RUPEES VERSUS 1.59 BILLION RUPEES YEAR AGO.DEC QUARTER GROSS NPA 2.52 PERCENT VERSUS 2.39 PERCENT PREVIOUS QUARTER.DEC QUARTER NET NPA 1.36 PERCENT VERSUS 1.32 PERCENT PREVIOUS QUARTER.  Full Article

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Federal Bank third-quarter profit jumps 28 percent, beats estimates

Private-sector lender Federal Bank Ltd posted a 28.3 percent jump in third-quarter profit on Thursday, as a healthy increase in interest income helped offset the impact of higher provisions.