Page 3 of federal bank

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.

July 24, 2024 13:38 IST

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…

July 3, 2024 16:05 IST

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…

May 9, 2024 03:15 IST

Federal Bank PAT misses estimate

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

May 3, 2024 00:15 IST

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…

May 2, 2024 14:50 IST

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…

March 22, 2024 14:23 IST

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…

March 14, 2024 01:45 IST

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…

Updated: January 16, 2024 22:19 IST

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…

January 3, 2024 02:00 IST

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

November 30, 2023 16:30 IST

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.

November 30, 2023 15:22 IST

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…

November 17, 2023 18:20 IST

Federal Bank, banking sector, Q2FY24, quarter results, NII, NPA, profit, interest earned, deposits, bank branches

Federal Bank posts Q2 profit at Rs 1000.16 crore, up 35% on-year, NII at Rs 2056 crore

Federal Bank posted total interest earned during the second quarter of FY24 at Rs 5791.28 crore, up 36.0 per cent…

October 16, 2023 13:15 IST

US Fed, US Federal Reserve, FOMC, interest rate, rate cut, inflation, central banks, economy, monetary policy

US Federal Reserve: Last but one?

For the RBI, a prolonged pause by the Fed can be the best outcome

July 28, 2023 06:25 IST

Federal Bank board to meet on July 21 to consider share sale to IFC

The bank’s board had earlier approved raising up to Rs 4,000 crore in FY24, MD & CEO Shyam Srinivasan told…

July 20, 2023 00:15 IST

Federal Bank, Q1FY24 report, quarter results, profit, NII, interest, dividend, banking sector

Federal Bank Q1FY24 profit up 38.8% at Rs 880.12 crore, beats estimates

Federal Bank earned an interest of Rs 5349.77 crore during the quarter as against Rs 3843.09 crore in Q1FY23.

July 13, 2023 13:22 IST

Indian bond yields eye US peers, key inflation data for triggers

The benchmark 7.26% 2033 bond yield was trading at 7.1639% at 10:00 a.m. IST on Monday.

Updated: July 10, 2023 11:55 IST

Federal Bank shows strong business in Q1; total advances, gross advances up by 21% each

Federal Bank posted total deposits at Rs 2,22,513 crore at the end of the first quarter as against Rs 1,83,355…

July 3, 2023 15:06 IST

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Expect loan, deposit growth at 18-20% in FY26: DCB Bank MD

Business6 hr ago

DCB Bank is targeting a growth of 18-20% in loans and deposits this year, with a reported loan growth of 19.14% and deposit growth of 18.8%. The recent GST reforms and repo rate cut have boosted expectations and impacted consumer behavior. The bank’s focus is on secured, small-ticket lending to SMEs and becoming a full-fledged financial partner. They also aim to reduce slippages.

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