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Federal Bank Ltd (FED.NS)

FED.NS on National Stock Exchange of India

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Mon, Jan 23 2017

BRIEF-Federal Bank ties up with Singapore-based, Transfer Easy Pte Ltd

* Federal Bank ties up with a Singapore based Fintech to offer an online option for transferring money to India Source text: [Federal Bank has entered into a tie-up with Transfer Easy Pte Ltd, a Singapore based Fintech Company, which uses the Online Remittance platform SingX to facilitate International money transfers] Further company coverage:

BRIEF-Federal Bank Dec-qtr profit up about 26 pct

* Dec-quarter net profit 2.06 billion rupees versus net profit of 1.63 billion rupees year ago

BRIEF-Federal Bank CEO says move to demonetize 500, 1000 rupee notes a seminal move

* Federal Bank CEO says "move to demonetize 500 and 1000 rupee notes is indeed a seminal move" Source text - Comments on Demonetisation of Rs. 1,000 & Rs. 500 notes by the Govt. of India by Mr. Shyam Srinivasan, MD & CEO, Federal Bank The move to demonetize the 500 and 1000 rupee notes is indeed a seminal move. Near term volatilities not withstanding, this audacious and forward looking move will bring great stability and transparency to the way business is conducted in the country. Further com

BRIEF-Federal Bank Sept-qtr profit up about 25 pct

* Sept quarter net profit 2.01 billion rupees versus net profit of 1.61 billion rupees year ago

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