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Latest News on Federal Bank
Showing of 0 - 10 from 38 results
Federal Bank - Total results - 38
Jan 17, 2019
Federal Bank's third quarter net profit rises 28% to Rs 334 cr; lender's gross NPA increases to 3.14%The total income of the lender also improved to Rs 3,299.96 crore during the third quarter as against Rs 2,729.83 crore in the year-ago period, Federal Bank said in a regulatory filing.
Dec 31, 2018
Stock markets expected to perform better in 2019; here are 10 stocks that could give good returns in 2019We believe the markets will be likely in a consolidation mode going forward with some correction that can bring down the valuations to a cheaper level. Risk aversion will be the flavor
Oct 16, 2018
Federal Bank reports Rs 266 cr net profit in Q2; gross non-performing assets rise to 3.11%For the first half of the current fiscal, Federal Bank's net profit stood at Rs 528.75 crore, up from Rs 473.85 crore in the comparable period of 2017-18.
Oct 03, 2018
RBI imposes Rs 5 cr penalty on Federal Bank for non-compliance on data reporting of large borrower exposures; other normsSouth-based Federal Bank has been penalised Rs 5 crore for non-compliance on reporting of large borrower exposures and non-payment of customer compensations, among other deficiencies, the Reserve Bank said Wednesday.
Aug 30, 2018
Kerala floods to impact microlenders, general insurers, gold financiers: India Ratings reportIndia Ratings said apart from the MFIs, two-wheeler and consumer durables financiers will have to take severe haircuts, while the pain will be a bit lesser for agriculture loans, motor insurance and loans against property
Aug 28, 2018
Google for India: Digital payment app Tez has now been renamed as Google PayAt the moment, nothing is changing about the experience in India other than the name to Google Pay.
Jul 23, 2018
Federal Bank gets RBI nod to open offices in Bahrain, Kuwait and Singapore; awaits local clearancesFederal Bank does not have any plans to increase its presence and will concentrate on the digital alternatives to help reach out to more customers
Jul 17, 2018
Federal Bank shares soar over 19% as lender's Q1 net profit rises 25% to Rs 263 croreFederal Bank's stock soared 19.16 percent to close at Rs 88.30 on the BSE. During the day, it jumped 20.64 percent to Rs 89.40
Jul 17, 2018
Federal Bank's Q1 profit rises 25% to Rs 263 crore, total income increases to Rs 2,938 croreFederal Bank's net profit in the corresponding three months to June in 2017-18 stood at Rs 210.15 crore
Mar 19, 2018
Mumbai Police arrests three directors of city-based Parekh Aluminex Ltd over Rs 4,000 crore bank fraudMumbai Police has arrested three directors of Parekh Aluminex Ltd (PAL) as part of an investigation into the non-payment of dues estimated at Rs 4,000 crore