Page 5 of federal bank News
Provision Coverage Ratio stood at 65.03% as on June 30 as compared to 65% a year ago.
The lender reported its January-March quarter results last week where net profit rose 13.1% on year. Ace investor Rakesh Jhunjhunwala…
Federal Bank reported a 29% year-on-year increase in standalone net profits for Q3 of FY22 to Rs 521.73 crore, largely…
The Kerala-based lender believes that rather than competition, collaboration with fintechs will create the best experience for customers, and provide…
The public issue consist of a fresh issue aggregating up to Rs 900 crore and an Offer for Sale of…
The bank continues to make good progress and credit quality is quite robust.
BSE Sensex and Nifty 50 were languishing near the day lows on the back of sell-off in the index heavyweights…
Rakesh Jhunjhunwala-owned Federal Bank’s share price may rally as much as 30% from current levels on the back of a…
Nifty futures were in trading nearly half a per cent or 76.50 points down at 17,541.50 on Singaporean Exchange, suggesting…
On the 60 minute chart, the Nifty has bounced back on Wednesday from close to its 50 period MA. This…
NSE Nifty 50 index is set to hit 17,700 levels by December 2021, as range bound volatility suggests the continuance…
The investment will support the bank’s commitment to environmental, social and governance standards, while strengthening its tier 1 capital adequacy…
The bank recorded the highest-ever operating profit of Rs 1,135.18 crore in the quarter, 22% higher y-o-y. Net interest income…
Rakesh Jhunjhunwala acquired 1 crore shares or a 2.17 per cent stake in Indiabulls Housing Finance firm in the April-June…
Rakesh Jhunjhunwala has trimmed his stake in Tata Motors in the April-June quarter, booking some profits after the massive rally…
Rakesh Jhunjhunwala portfolio stock Federal Bank shares were up over 1 per cent at Rs 86.70 apiece on BSE in…
Using their three-factor stock filtration model, domestic brokerage firm ICICI Direct has arrived at two stocks that it believes have…
The Indian share market has been witnessing volatility as the second COVID-19 wave is causing fear amongst market participants.