Board of Federal Bank recommends dividend

Of Rs 2 per share

Federal Bank announced that the Board of Directors of the Bank at its meeting held on 29 April 2014, inter alia, have recommended a dividend of 100% i.e. Rs 2 per share on face value of Rs 2 each for the year 2013-14 (previous Year 90% i.e. Rs 1.80 per share) subject to the approval of the members in the ensuing Annual General Meeting.

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