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Federal Bank Ltd (FED.NS)

FED.NS on National Stock Exchange of India

107.60INR
28 Apr 2017
Change (% chg)

Rs13.25 (+14.04%)
Prev Close
Rs94.35
Open
Rs94.90
Day's High
Rs109.00
Day's Low
Rs94.55
Volume
75,605,938
Avg. Vol
9,333,443
52-wk High
Rs109.00
52-wk Low
Rs43.65

Latest Key Developments (Source: Significant Developments)

India's Federal Bank CEO says slippages for Jan-March at 2.44 bln rupees
Friday, 28 Apr 2017 04:37am EDT 

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

Federal Bank March-qtr profit surges
Friday, 28 Apr 2017 03:54am EDT 

April 28 (Reuters) - Federal Bank Ltd ::March quarter net profit 2.57 billion rupees versus net profit of 102.6 million rupees year ago.March quarter interest earned 23.16 billion rupees versus 20.27 billion rupees year ago.March quarter provisions 1.23 billion rupees versus 3.89 billion rupees year ago.March quarter gross NPA 2.33 percent versus 2.77 percent previous quarter.March quarter net NPA 1.28 percent versus 1.58 percent previous quarter.Consensus forecast for March quarter net profit was 2.21 billion rupees.  Full Article

Federal Bank gets RBI nod to appoint K. M. Chandrasekhar as part time chairman
Wednesday, 8 Mar 2017 03:29am EST 

Federal Bank Ltd :Says RBI approved appointing K. M. Chandrasekhar as part time chairman of bank.  Full Article

Federal Bank ties up with Singapore-based, Transfer Easy Pte Ltd
Monday, 23 Jan 2017 03:53am EST 

Federal Bank Ltd :Federal Bank ties up with a Singapore based Fintech to offer an online option for transferring money to India.  Full Article

Federal Bank Dec-qtr profit up about 26 pct
Thursday, 19 Jan 2017 02:42am EST 

Federal Bank Ltd : Dec-quarter net profit 2.06 billion rupees versus net profit of 1.63 billion rupees year ago . Dec-quarter interest earned 22.81 billion rupees versus 19.03 billion rupees year ago . Dec-quarter provisions 1.59 billion rupees versus 751.1 million rupees year ago . Dec-quarter gross NPA 2.77 percent versus 2.78 percent previous quarter . Dec-quarter net NPA 1.58 percent versus 1.61 percent previous quarter .Consensus forecast for Dec-quarter net profit was 2.09 billion rupees.  Full Article

Federal Bank June-qtr profit up about 18 pct
Friday, 22 Jul 2016 04:50am EDT 

Federal Bank Ltd : India's Federal Bank Ltd says June-quarter net profit 1.67 billion rupees versus net profit of 1.41 billion rupees year ago . Says June-quarter interest earned 20.14 billion rupees versus 19.14 billion rupees year ago . Says June-quarter provisions 1.68 billion rupees versus 1.53 billion rupees year ago . Says June-quarter gross NPA 2.92 percent versus 2.84 percent previous quarter . Says June-quarter net NPA 1.68 percent versus 1.64 percent previous quarter . Consensus forecast for June-quarter net profit was 1.54 billion rupees .  Full Article

Federal Bank gets RBI nod to operate under Bharat Bill Payment System
Friday, 20 May 2016 03:02am EDT 

Federal Bank Ltd : Says Federal Bank has been granted approval by Reserve Bank of India to operate under the Bharat Bill Payment System .  Full Article

Federal Bank Ltd announces Change in the Organizational Structure
Tuesday, 15 Sep 2015 07:20am EDT 

Federal Bank Ltd:Announces Ashutosh Khajuria, Executive Director of the Bank has been assigned the role of Chief Financial Officer (CFO) of the Bank and he will also oversee the functions of Treasury, Investments, Finance and Planning in the Bank.  Full Article

Federal Bank says RBI accords approval for appointing Nilesh S. Vikamsey as part time Chairman
Friday, 19 Jun 2015 07:07am EDT 

Federal Bank Ltd:Says that RBI has accorded its approval, for appointing CA. Nilesh S. Vikamsey as Part Time Chairman of the Bank for a period of two years, effective from June 20.  Full Article

Federal Bank Ltd announces directorate change
Monday, 18 May 2015 04:30am EDT 

Federal Bank Ltd:Informs that Abraham Koshy, director and part time chairman of the bank, ceased to be a director on the board of the bank with effect from May 18, on his completion of term of eight years.  Full Article

More From Around the Web

India's Federal Bank aims 3.25 pct net interest margin, growth across segments

MUMBAI, April 28 India's Federal Bank, a mid-sized private sector lender, is targeting a net interest margin of 3.25 percent in the fiscal year that began in April by focusing on growing its books, improving loan recovery and deposit portfolio, its chief executive officer said.