United States

Federal Bank Ltd (FED.NS)

FED.NS on National Stock Exchange of India

25 Aug 2016
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Latest Key Developments (Source: Significant Developments)

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

Federal Bank Ltd approves bonus issue
Sunday, 17 May 2015 10:07pm EDT 

Federal Bank Ltd:Recommends to raise the share capital of the Bank by way of Bonus issue of Equity Shares to the Shareholders.Says this is subject to the approval of shareholders & other approvals, as appropriate, at a ratio of one bonus equity share for every one equity share of 2 Indian rupees each held (1:1), as on a record date to be determined by the board.  Full Article

Federal Bank Ltd recommends dividend
Wednesday, 29 Apr 2015 05:20am EDT 

Federal Bank Ltd:Recommends dividend of 110 pct that is 2020 Indian Rupees per equity share of 2 Indian Rupees each for the year 2014-2015.  Full Article

Federal Bank Ltd to exit of Cochin Stock Exchange Ltd
Monday, 9 Feb 2015 05:35am EST 

Federal Bank Ltd:Says Cochin Stock Exchange has intimated the bank, that due to exit order granted by SEBI to Cochin Stock Exchange Ltd vide order dated Dec. 23, they are unable to process any applications or grant approvals in connection with listing.  Full Article

Federal Bank Ltd announces strike by UFBU
Tuesday, 2 Dec 2014 05:07am EST 

Federal Bank Ltd:Says United Forum of Bank Union (UFBU) where part of employees of the bank are members has given a call for a zone wise strike from Dec. 02 to Dec. 05, demanding immediate settlement of wage revision.  Full Article

Federal Bank Ltd announces strike by UFBU
Tuesday, 11 Nov 2014 04:29am EST 

Federal Bank Ltd:Says in view of the nationwide strike on Nov. 12 called by various Trade Unions, raising various demands, where the Workmen Employee’s Union and Officer's Association of the bank under the banner of UFBU are also participating.  Full Article

BRIEF-India's Federal Bank sees addition to bad loans to be lower in FY17 vs FY16

* Exec says sees addition to bad loans to be lower in FY17 compared with last fiscal year Further company coverage: (Reporting By Devidutta Tripathy in MUMBAI)