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Federal Bank shares fell 6% today; Check here why
At 10:40 AM, Federal Bank shares were down 6.8% at Rs 151.85 on the NSE.
Federal Bank arm Fedfina reconsiders capital raising options
Shyam Srinivasan, chief executive of Federal Bank said that the non-banking financing arm of Federal Bank, Fedfina is reconsidering its capital raising options.
Officials at the Fed continue to make hawkish calls for more rate increases
A similar message was provided by four policymakers on Wednesday, who spoke at various venues. They welcomed the recent slowdown in inflation while expressing concern that the battle was not yet won.
BSE & Federal Bank sign MoU to encourage listing of SMEs and startups
According to an official release, the bank and the BSE would review SMEs and startups that are in the process of becoming listed.
Stock Market update: Federal Bank shares up by 4% ahead of Q3 results
Stocks of Federal Bank rose by 4% to ₹95.80 per equity share against the previous close at ₹92.00 per share, in today’s early trade.
Stock Market update: Federal Bank shares climb 5% post Q3 results
The company posted a 50 per cent jump in its profit after tax (PAT) at Rs 486 crore in the quarter ended September 2021.
Federal Bank introduces credit card variants for digital payments through Visa
Commenting on the specifications MD & CEO of Federal Bank Shyam Srinivasan said, Card issuances will be "digital-first" through a "three-click" instant credit card approach and the cards will be immediately available for use in the bank’s mobile app FedMobile.
Federal Bank releases financial indicators for Q2 FY2021, deposits up by 12%, CASA reaches Rs 52,786 crore
Federal Bank Ltd on Sunday released the financial indicators for the Q2 FY2021 period ended September 30, 2020. Total deposits were up by 12% Y-o-Y, whereas CASA was up by 20% Y-o-Y to Rs 52,786 crore.
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