Page 3 of federal bank News

Financial services company Equirus raises Rs 125 crore from Amicus Capital, other investors

The capital will help the company in capital expansion, technology investments, strategic guidance, access to new networks, talent acquisition, operational…

1 year agoOctober 11, 2024

KVS Manian, who is KVS Manian, KVS Manian Federal bank, KVS Manian resignation, KVS Manian net worth, KVS Manian banking, KVS Manian Kotak Bank, lifestyle

Meet IIT BHU alumni who built Rs 385000 crore company and now is set to head Rs 45992 crore bank. He is…

KVS Manian’s transition to Federal Bank underscores his commitment to steering institutions towards excellence and growth, setting a promising course…

1 year agoSeptember 24, 2024

appointment, Federal Bank, MD & CEO, leadership, bank, banking sector, NBFC, asset quality

KVS Manian takes charge as new Managing Director & CEO of Federal Bank

Federal Bank said that KVS Manian has taken charge as new Managing Director & CEO of the bank. The appointment…

1 year ago

Federal Bank announces special fixed deposit rates on specific tenors – Check new FD rates

Federal Bank FD rates: The private sector lender has announced a special Independence Day offer featuring highly competitive interest rates…

1 year ago

Federal Bank, Federal Bank Q1 results, quarter earnings, profit, NII, asset quality, deposits

Federal Bank posts Q1 profit growth of 18.2% YoY at Rs 853.74 crore, NII at Rs 2291.98 crore

Federal Bank posted Net Interest Income (NII) at Rs 2291.98 crore, up 19.46 per cent.

1 year ago

Federal Bank, Q1 update, deposit growth, CASA, Customer deposits, gross advances, retail credit book, banking sector

Federal Bank Q1 Update: Deposits jump 20% on-year to Rs 2,66,082 crore

Federal Bank has recorded total deposits in the first quarter of FY25 at Rs 2,66,082 crore as against Rs 2,22,496…

1 year ago

Federal Bank to submit plan for co-branded cards to RBI in next few days

Last month, the RBI had asked Federal Bank and South Indian Bank to stop issuing new co-branded credit cards due…

2 years agoMay 8, 2024

Federal Bank PAT misses estimate

It plans to send the names of Srinivasan’s successor to RBI in the next few weeks.

2 years agoMay 2, 2024

Federal Bank Q4 NII jumps nearly 15% on strong asset quality, announces dividend

Federal Bank Share Price: The private lender has declared a final dividend of Rs 1.20 per equity share while announcing…

2 years ago

Federal Bank, Flash Pay, contactless payments, PIN authentication, secure payments, tokenization

Federal Bank launches RuPay smart key chain – Flash Pay for contactless payments

Flash Pay can be used during transit at NCMC-enabled metro stations without having to stand in a queue line to…

2 years ago

federal bank, south indian bank, co-branded credit card, credit cards, banking

Federal Bank, South Indian Bank stop issuance of new co-branded cards

The bank continues to offer credit cards to new and existing customers in the non-co-branded segment and will also continue…

2 years agoMarch 13, 2024

Federal Bank PAT climbs 25 per cent as advances, other income witness strong growth

The bank had earned a net profit of Rs 804 crore in the same quarter a year ago. Total income…

2 years agoJanuary 16, 2024

Federal Bank, UPI, Unified Payments Interface, top news, latest news, business news,

Federal Bank seeks nominal fee on certain UPI transactions

Federal Bank’s overall UPI volume grew 25% during the previous year, from 122.97 million in December 2022 to 164.71 million…

2 years agoJanuary 2, 2024

Going by Federal Bank’s official website, it’s an Indian private sector bank

Federal Bank enters into a partnership with NeML over eAuction and eProcurement mechanisms

According to an official release, this alliance is set to to streamline the processes for Central and State Government organisations

2 years ago

Federal Bank, collaboration, NeML, e-procurement, e-auction, NCDEX, strategic alliance, government transactions

Federal Bank announces strategic collaboration with NeML for enhanced e-procurement, e-auction integration

This strategic alliance is set to facilitate an advanced e-procurement solution, streamlining the processes for Central and State Government organizations.

2 years ago

Fedfina announces Rs 1,092 crore IPO; sees no impact of RBI norms on issue

Fedfina, a subsidiary of south-based Federal Bank, has set a price band of Rs 133-140 per share for the issue…

2 years agoNovember 17, 2023