federal bank - Latest News, Analysis, Opinion - BW Businessworld

Multiple banks have recently raised their Fixed Deposit interest rates for both senior citizens and general customers during this month

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

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

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

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

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

Q1FY23 Results: Federal Bank Net Profit Jumps 63%

Last year it reported a profit of Rs 367 crore for the quarter under review

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

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

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

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.

Federal Bank Launches International Banking Services For Individuals In Gujarat

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These retail products are in addition to the Bank’s existing line of Trade finance, Corporate loan and Treasury products from GIFT City branch.

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.

World Bank Arm IFC Holds Nearly 5% Stake In Federal Bank With Rs 916 Cr Capital Infusion