Edition:
India

Federal Bank Ltd (FED.NS)

FED.NS on National Stock Exchange of India

90.05INR
12:05pm IST
Change (% chg)

Rs0.65 (+0.73%)
Prev Close
Rs89.40
Open
Rs89.00
Day's High
Rs90.45
Day's Low
Rs88.35
Volume
4,315,685
Avg. Vol
13,944,312
52-wk High
Rs116.45
52-wk Low
Rs67.05

Latest Key Developments (Source: Significant Developments)

India's Federal Bank Sept-Qtr Profit Up About 0.9 Pct
Tuesday, 16 Oct 2018 

Oct 16 (Reuters) - Federal Bank Ltd ::SEPT QUARTER NET PROFIT 2.66 BILLION RUPEES VERSUS NET PROFIT OF 2.64 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR SEPT QUARTER NET PROFIT WAS 2.14 BILLION RUPEES.SEPT QUARTER INTEREST EARNED 27.65 BILLION RUPEES VERSUS 23.80 BILLION RUPEES YEAR AGO.SEPT QUARTER PROVISIONS AND CONTINGENCIES 2.89 BILLION RUPEES VERSUS 1.77 BILLION RUPEES YEAR AGO.SEPT QUARTER GROSS NPA 3.11 PERCENT VERSUS 3 PERCENT PREVIOUS QUARTER.SEPT QUARTER NET NPA 1.78 PERCENT VERSUS 1.72 PERCENT PREVIOUS QUARTER.  Full Article

India's Federal Bank Approves Acquisition Of Stake In Equirus Capital ‍​
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Federal Bank Ltd ::APPROVES ACQUISITION OF STAKE UP TO 26 PERCENT OF EQUIRUS CAPITAL PVT LTD ‍​.  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

Federal Bank Q2 NIM 3.31 pct‍​
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Federal Bank Ltd ::Q2 NIM at 3.31 pct‍​.  Full Article

Federal Bank Sept-qtr profit rises about 31 pct
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Federal Bank Ltd :Sept quarter net profit 2.64 billion rupees versus net profit of 2.01 billion rupees year ago.Consensus forecast for Sept quarter net profit was 2.54 billion rupees.Sept quarter interest earned 23.80 billion rupees versus 20.66 billion rupees year ago.Sept quarter provisions 1.77 billion rupees versus 1.68 billion rupees year ago.Sept quarter gross NPA 2.39 percent versus 2.42 percent previous quarter.Sept quarter net NPA 1.32 percent versus 1.39 percent previous quarter.  Full Article

India's Federal Bank: have sold 3 of the 4 loan exposures to Cos taken to bankruptcy proceedings
Wednesday, 26 Jul 2017 

July 26 (Reuters) - India's Federal Bank Chief Executive Shyam Srinivasan says: :Total exposure to companies taken to bankruptcy was 1.6 billion rupees at its peak.Three of the 4 loan accounts of companies taken to bankruptcy have been sold to ARCs and technically written off.Have made provisions of more than 50 percent for the fourth loan account under bankruptcy proceedings.About 230 million rupees more provision needed for the loan account under bankruptcy proceedings.  Full Article

Federal Bank Q1 FY18 NIM at 3.13 pct ‍​
Wednesday, 26 Jul 2017 

July 26 (Reuters) - Federal Bank Ltd ::Says Q1 FY18 net interest margin at 3.13 percent ‍​.  Full Article

Federal Bank June-qtr profit up about 26 pct
Wednesday, 26 Jul 2017 

July 26 (Reuters) - Federal Bank Ltd :June quarter net profit 2.10 billion rupees versus net profit of 1.67 billion rupees year ago.Consensus forecast for June quarter net profit was 2.51 billion rupees.June quarter interest earned 23.24 billion rupees versus 20.14 billion rupees year ago.June quarter provisions 2.36 billion rupees versus 1.68 billion rupees year ago.June quarter gross NPA 2.42 percent versus 2.33 percent previous quarter.June quarter net NPA 1.39 percent versus 1.28 percent previous quarter.  Full Article

India's Federal Bank CEO says slippages for Jan-March at 2.44 bln rupees
Friday, 28 Apr 2017 

April 28 (Reuters) - :India's Federal Bank <<>> CEO Srinivasan: Slippages for Jan-March stood at 2.44 billion rupees versus 5.32 billion rupees year earlier.India's Federal Bank CEO says net interest margin for Jan-March rose to 3.42 pct from 3.31 pct a year earlier.  Full Article

BUZZ-India's Federal Bank surges on Q2 results beat

** Shares of mid-sized private-sector lender Federal Bank Ltd rise as much as 9.1 pct to 82.7 rupees, their highest level since Aug. 24