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Federal Bank Ltd (FED.NS)

FED.NS on National Stock Exchange of India

113.10INR
6:27am EDT
Change (% chg)

Rs-1.90 (-1.65%)
Prev Close
Rs115.00
Open
Rs115.95
Day's High
Rs115.95
Day's Low
Rs112.50
Volume
22,309,046
Avg. Vol
11,229,532
52-wk High
Rs122.40
52-wk Low
Rs61.40

Latest Key Developments (Source: Significant Developments)

India's Federal Bank: have sold 3 of the 4 loan exposures to Cos taken to bankruptcy proceedings
Wednesday, 26 Jul 2017 07:53am EDT 

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 04:01am EDT 

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 03:13am EDT 

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 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

BRIEF-Federal Bank Q1 FY18 NIM at 3.13 pct ‍​

* Says Q1 FY18 net interest margin at 3.13 percent ‍​ Source text: http://bit.ly/2uwk0B1 Further company coverage: