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Federal Bank

Ajit Mishra of Religare Broking suggests these three stocks to buy today

Stocks to Buy Today: Infosys share price has recently broken out of a three-month consolidation phase and reclaimed its all-time high. We expect this upward momentum to persist

Ajit Mishra of Religare Broking suggests these three stocks to buy today
Updated On : 12 Dec 2024 | 7:19 AM IST

Federal Bank new savings account for seniors with insurance, lounge access

Esteem Savings Account is available for new and existing customers at all Federal Bank branches

Federal Bank new savings account for seniors with insurance, lounge access
Updated On : 03 Dec 2024 | 10:56 AM IST

Lodha, TVS Motor: 5 rate sensitive shares to bet on ahead of RBI policy

Technical charts suggest that stocks like TVS Motor, Lodha, DLF, Jio Financial Services and Federal Bank can potentially rally up to 19 per cent from present levels.

Lodha, TVS Motor: 5 rate sensitive shares to bet on ahead of RBI policy
Updated On : 03 Dec 2024 | 10:24 AM IST

Vinay Rajani of HDFC Securities recommends buying these 2 stocks on Nov 27

Analyst has suggested buying two banking stocks; Check out the target price and stop loss

Vinay Rajani of HDFC Securities recommends buying these 2 stocks on Nov 27
Updated On : 27 Nov 2024 | 10:01 AM IST

Indian Hotels, Federal Bank, Coforge from BSE Midcap index hit record highs

Shares of Coforge hit a new high of Rs 8,236.95, gaining 3%, and zooming 71% in six months, on a strong growth outlook.

Indian Hotels, Federal Bank, Coforge from BSE Midcap index hit record highs
Updated On : 19 Nov 2024 | 1:55 PM IST
Updated On : 12 Nov 2024 | 4:13 PM IST

ACC, 2 pvt banks among 8 midcap stocks turn favourable on tech charts

The Nifty MidCap index has gained 3% from its recent low in the last three days. Amid this these 8 stocks have seen key momentum oscillators turn favourable on the daily chart.

ACC, 2 pvt banks among 8 midcap stocks turn favourable on tech charts
Updated On : 30 Oct 2024 | 12:25 PM IST

Federal Bank shares climb 7% after posting Q2 results; PAT up 11% yoy

Federal Bank on Monday after market hours reported a 10.8 per cent Y-o-Y increase in its net profit for the second quarter ended September 30, 2024, with profits rising to Rs 1,056.7 crore

Federal Bank shares climb 7% after posting Q2 results; PAT up 11% yoy
Updated On : 29 Oct 2024 | 10:55 AM IST

Federal Bank Q2FY25 results: PAT rises 10.8% on the back of income growth

The capital adequacy ratio (CRAR) of the bank, computed as per Basel III guidelines, stood at 15.20 per cent at the end of the quarter

Federal Bank Q2FY25 results: PAT rises 10.8% on the back of income growth
Updated On : 28 Oct 2024 | 8:51 PM IST

Federal Bank shares jump 5% after MOFSL reiterates 'Buy' with 23% upside

Federal Bank shares surged to Rs 196.05 a piece in intraday day deals, rising up to 4.64 per cent on Monday

Federal Bank shares jump 5% after MOFSL reiterates 'Buy' with 23% upside
Updated On : 14 Oct 2024 | 3:02 PM IST

Amicus Capital invests Rs 125 cr in Equirus; Federal Bank partially exits

Private equity firm Amicus Capital on Friday announced that it has invested Rs 125 crore in Equirus Group, a late Rakesh Jhunjunwala-backed financial services firm, for an undisclosed stake. The investment is a combination of primary and secondary purchase of sales, a statement said, identifying private sector lender Federal Bank as having taken a partial exit. The new investors include Kishor Patil, Ajai Kumar, N Sivaraman, Yagnesh Dosshi, Krishna Jha, Anand Archak, Abhishek Goyal, Badri Mohapatra, Shankar Valiya and Deepak Singhal, it said. Equirus, which got Jhunjunwala's backing right at the time of inception, offers investment banking, insurance broking and asset management services. The money raised will be deployed for capital expansion, technology investments, strategic guidance, access to new networks, talent acquisition, operational improvements, and risk management, the statement said. "The Equirus platform offers life cycle solutions across the growth and wealth-creati

Amicus Capital invests Rs 125 cr in Equirus; Federal Bank partially exits
Updated On : 11 Oct 2024 | 11:55 PM IST
Updated On : 23 Sep 2024 | 10:32 PM IST

No card, phone, or cash needed! This tech lets you pay with just your face

SmilePay replaces the need for cash, cards, or mobile devices, instead relying on advanced facial recognition software

No card, phone, or cash needed! This tech lets you pay with just your face
Updated On : 30 Aug 2024 | 4:18 PM IST

Asia stocks firm, dollar sags amid low US treasury yields on Fed cut bets

Mainland Chinese blue chips added 0.4%, although Hong Kong's Hang Seng slipped 0.3%

Asia stocks firm, dollar sags amid low US treasury yields on Fed cut bets
Updated On : 15 Aug 2024 | 8:17 AM IST

Federal Bank Q1 results: Net profit increases 18% to Rs 1,010 crore

Net interest income (NII) improved 19 per cent year-on-year to Rs 1,919 crore while other income increased by 25 per cent to Rs 915 crore

Federal Bank Q1 results: Net profit increases 18% to Rs 1,010 crore
Updated On : 24 Jul 2024 | 6:55 PM IST

Federal Bank Q1 results: Profit rises 17% to Rs 1,027 cr on loan recoveries

South India-based Federal Bank on Wednesday reported a 16.74 per cent growth in consolidated net profit to Rs 1,027.51 crore for the June quarter, helped by higher recoveries from written-off accounts. The private sector lender's net profit grew to Rs 1,009.53 crore on a standalone basis, up from Rs 853.74 crore in the year-ago period. Its core net interest income moved up 19 per cent to Rs 2,292 crore during the reporting quarter on the back of a nearly 20 per cent growth in advances, while margin moderated to 3.16 per cent from 3.21 per cent in the preceding March quarter. Federal Bank Managing Director and Chief Executive Shyram Srinivasan, who will be demitting office in September after being at the helm for 15 years, told reporters that the bank is aiming to keep the net interest margin (NIM) between 3.15 and 3.25 per cent. The bank is aiming to keep all credit costs at 0.30-0.35 per cent, he said, adding that the bank is not focused on looking at the NIM number in isolation,

Federal Bank Q1 results: Profit rises 17% to Rs 1,027 cr on loan recoveries
Updated On : 24 Jul 2024 | 5:49 PM IST

Federal Bank rises 5% as RBI approves KVS Manian's appointment as MD & CEO

RBI has approved the appointment of Krishnan Venkat Subramanian as the Managing Director & Chief Executive Officer of the Bank, for a period of 3 years, with effect from September 23, 2024

Federal Bank rises 5% as RBI approves KVS Manian's appointment as MD & CEO
Updated On : 23 Jul 2024 | 9:51 AM IST

Reserve Bank of India approves KVS Manian as CEO of Federal Bank

Federal Bank had applied for the approval to the regulator on May 6, 2024

Reserve Bank of India approves KVS Manian as CEO of Federal Bank
Updated On : 22 Jul 2024 | 9:40 PM IST

Federal Bank shares hit new peak after reporting robust growth in Q1FY25

Federal Bank reported robust growth in its financial metrics for the first quarter of fiscal year 2024-25 (FY25). The bank's advances surged by 20 per cent, reaching Rs 2.66 trillion

Federal Bank shares hit new peak after reporting robust growth in Q1FY25
Updated On : 03 Jul 2024 | 12:47 PM IST

Federal Bank Q1 results; Advances up 20%, total deposits grow 19.6%

Retail credit book grows 25%, according to internal classification of the bank

Federal Bank Q1 results; Advances up 20%, total deposits grow 19.6%
Updated On : 03 Jul 2024 | 11:07 AM IST