Last Updated: Saturday, January 18, 2014, 20:00
The bank presently has about 10,126 employees on its rolls.
Last Updated: Friday, January 17, 2014, 15:19
Federal Bank on Friday reported a 9.18 percent rise in net profit for the third quarter ended December 2013 at Rs 230.13 crore on the back of improved asset quality.
Last Updated: Saturday, November 23, 2013, 19:26
The bank becomes one of the few listed companies which has complied with the latest regulatory directions in the Companies Act, 2013, which requires a lady Director to be on the Board of Directors.
Last Updated: Thursday, October 24, 2013, 22:38
Private sector lender Federal Bank Thursday got FIPB approval for hiking foreign shareholding limit in the bank to 74 percent.
Last Updated: Monday, October 21, 2013, 19:55
Net profit was at Rs 215.10 crore during the same period of previous fiscal.
Last Updated: Sunday, October 20, 2013, 00:18
Meanwhile, total deposits increased by 14.69 percent from Rs 49,518 crore to Rs 56,794 crore, whereas advances grew 16.31 percent from Rs 36,299 crore to Rs 42,220 crore.
Last Updated: Friday, August 30, 2013, 16:59
Private lender Federal Bank Friday launched FedBook, an electronic version of the traditional bank passbook.
Last Updated: Monday, August 26, 2013, 15:58
"The bank has filed an application with FIPB for increasing the foreign shareholding limit to 65 percent," it said in a statement issued here.
Last Updated: Tuesday, August 20, 2013, 20:13
"...Foreign share holding by Foreign Institutional Investors (FIIs)/ Non Resident Indian (NRI)/ Persons of Indian Origin (PIO)/ Foreign Direct Investment (FDI)/American Depository Receipt (ADR)/Global Depository Receipt (GDR) in Federal Bank has crossed the overall limit of 49 percent of its paid-up capital," RBI said in a notification.
Last Updated: Wednesday, July 17, 2013, 13:07
Speaking to Emirates 24|7, M A Yousuf Ali said the transaction was completed last week.
Last Updated: Monday, June 24, 2013, 21:06
This is the first such tie-up between a lender acting as a sponsor bank and a private company after RBI announced its white label automated teller machines norms.
Last Updated: Sunday, April 28, 2013, 18:35
"We will remain cautious, but will continue to lend to the segment and achieve a growth of 15-18 percent," Managing Director Shyam Srinivasan said over the weekend.
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