Page 4 of federal bank

Federal Bank, appointment, RBI, chairman, independent director, AP Hota

Federal Bank gets RBI approval on appointment of AP Hota as part time Chairman

AP Hota has banking experience of over 27 years in Reserve Bank, mostly in technology and payment systems, from 1982-…

June 27, 2023 09:33 IST

Federal Bank eyes up to $486 million fundraising

Federal Bank Ltd plans to raise as much as 40 billion rupees ($486 million) in the next few months to…

May 20, 2023 17:18 IST

Crude oil prices dip in cautious trade ahead of US inflation data

Brent crude price was down 31 cents, or 0.4%, at $76.70 and U.S. West Texas Intermediate (WTI) crude lost 23…

Updated: May 9, 2023 07:36 IST

Federal Bank, fourth quarter, quarter results, Q4FY23 results, profit, net income, NII, loans

Federal Bank Q4FY23 profit jumps 62% at Rs 954 crore; dividend announced

Federal Bank reported total income at Rs 5780.78 crore for the quarter, up 38.6 per cent from Rs 4170.55 crore…

May 5, 2023 13:32 IST

RBI framework for green deposits out

It aims to encourage lenders to offer green deposits to customers, protect interest of the depositors, aid customers to achieve…

Updated: April 12, 2023 07:53 IST

From on financial crisis to the next

The shoes have started to drop—SVB, Signature Bank, Credit Suisse—and nobody knows how many more are to come. In the…

March 23, 2023 03:30 IST

Supercore inflation: Here’s why Fed Chair Jerome Powell thinks more Americans should be unemployed

While core inflation has been touted as the most adept at predicting underlying inflation trends, supercore inflation is termed as…

February 16, 2023 15:25 IST

banking sector, federal bank, credit card, credit services

Federal Bank steps up efforts to grow credit card biz

Recently, the bank launched a mobile-first credit card in partnership with FPL Technologies, popularly known as OneCard.

January 18, 2023 03:25 IST

Federal Bank’s profit jumps 54% as advances rise

January 17, 2023 01:25 IST

Instant personal loan up to Rs 5 lakh with zero pre-closure charges launched by Fi Money

Fi Money has launched its lending services to offer users instant credit, in partnership with Federal Bank.

January 7, 2023 17:09 IST

This credit card offers Life Insurance cover up to Rs 3 lakh

Federal Bank Credit Card users will get a Group Credit Shield facility that offers life cover equal to the credit…

Updated: October 31, 2022 17:04 IST

Federal Bank profits up 53% in Q2 on lower provisioning

The bank’s net profit stood at 704 crore in Q2FY23 while its provisions declined 9% y-o-y to Rs 268 crore.

October 14, 2022 15:30 IST

Rakesh Jhunjhunwala stock: Federal Bank shares may rally 13% soon; derivatives, quantitative outlook strong

Rakesh Jhunjhunwala-owned Federal Bank stock could be gearing up for a 13% rally in just three months.

Updated: August 3, 2022 12:50 IST

Rakesh Jhunjhunwala stock: Brokerages bullish on Federal Bank stock, see 32% potential rally

Rakesh Jhunjhunwala’s portfolio stock Federal bank share price surged nearly 4 per cent to Rs 102.7 apiece on BSE on…

July 18, 2022 13:41 IST

The lender’s capital adequacy ratio as of June 30 declined to 14.57% from 14.64% a year ago.

Federal Bank PAT rises 63% in Q1; operating profit down 14%

Provision Coverage Ratio stood at 65.03% as on June 30 as compared to 65% a year ago.

July 16, 2022 00:00 IST

Rakesh Jhunjhunwala stock: Federal Bank reports modest Q4 results, analysts expect strong 45% upside

The lender reported its January-March quarter results last week where net profit rose 13.1% on year. Ace investor Rakesh Jhunjhunwala…

May 9, 2022 10:43 IST

Retail to wholesale ratio improved to 55:45 (FY22) from 54:46 in FY21. (File)

Federal Bank posts 5.3% growth in total deposits

Federal Bank reported a 29% year-on-year increase in standalone net profits for Q3 of FY22 to Rs 521.73 crore, largely…

April 5, 2022 00:30 IST

Federal Bank sees multiple opportunities in fintech tie-ups

The Kerala-based lender believes that rather than competition, collaboration with fintechs will create the best experience for customers, and provide…

March 29, 2022 05:15 IST

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