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Latest Articles in federal bank
Federal Bank Disburses Largest Amount Of Climate Loan
This recognition highlights the bank’s commitment to promoting sustainable development and mitigating the impacts of climate change through innovative and impactful financing solutions
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Federal Bank Q3 Net Increases 54% To Rs Rs 803.6 Cr
Total Business of the Bank reached Rs 369581.25 crore registering a growth of 16.89 per cent as on 31st December 2022
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Federal Bank Backs Robotics Driving Innovations
The bank’s “FedHive” is its one stop digital command centre that enables the brand to instantly manage online reputational risks
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Federal Bank Calls Reports Of Merger 'Speculative'
The bank said that complying with Sebi regulations has always been the bank's priority, and stock exchanged will duly be informed regarding any information in compliance with listing regulations
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Federal Bank Becomes First To List Its Payment Gateway On TIN 2.0 Platform
The TIN 2.0 platform went live on July 1 this year and the "Payment Gateway" has been enabled, providing one more payment option to taxpayers
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Q1FY23 Results: Federal Bank Net Profit Jumps 63%
Last year it reported a profit of Rs 367 crore for the quarter under review
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RBI Imposes Penalty On BOI And Federal Bank
A penalty of Rs 70 lakh has also been imposed on Bank of India for non-compliance with certain provisions of Know Your Customer
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Shriram City Union Finance Increases Its FD Rates
Senior citizens will get 0.50 per cent higher interest rate. All the changes that have been made in the rules of FD and have been applicable from 20 May 2022
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Federal Bank Net Profit Rises 13% To Rs 541 Cr In March Quarter
The total income in FY22 rose slightly to Rs 15,749.85 crore from Rs 15,716.61 crore
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Federal Bank Partners With Schwing Stetter India
Federal Bank with its ‘Digital at the Fore and Human at the Core” mantra aims to become the most admired Bank of every stakeholder and the signing of the MoU with Schwing Stetter India is a step towards this end.
Read MoreFederal Bank Launches International Banking Services For Individuals In Gujarat
These retail products are in addition to the Bank’s existing line of Trade finance, Corporate loan and Treasury products from GIFT City branch.
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Federal Bank’s Q2 Net Profit Increases By 55% To Rs 488 Cr
Shares of Federal Bank were trading at Rs 100.80 apiece on BSE, up 4.40 per cent from the previous close.
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World Bank Arm IFC Holds Nearly 5% Stake In Federal Bank With Rs 916 Cr Capital Infusion
Increased financing for climate-friendly projects as well as more financing for small businesses to help accelerate India's economic recovery from COVID-19 are expected in the wake of a USD 126 million (Rs 916 crore) equity investment in the bank
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Federal Bank Records Highest Ever Operating Profit Of Rs.1135 Cr
Net Interest Income grew 9.41% on a Y-o-Y basis from Rs.1296.44 Cr to Rs.1418.43 Cr as on 30th June 2021.
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Federal Bank Launches AI-Powered Virtual Assistant For Customers
The bank said while most of the similar AI-powered virtual assistants are available only on its website, FEDDY can be accessed via Alexa, Google Assistant and WhatsApp.
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