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Federal Bank to recruit 3,000 employees in next three years

Last Updated: Saturday, January 18, 2014, 20:00

The bank presently has about 10,126 employees on its rolls.

Federal Bank Q3 net up 9% at Rs 230 cr on improved assets

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.

Grace Koshie appointed woman director in Federal Bank

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.

Federal Bank gets FIPB nod to raise foreign shareholding

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.

Federal Bank Q2 net up 5% to Rs 226 cr; stock jumps 10%

Last Updated: Monday, October 21, 2013, 19:55

Net profit was at Rs 215.10 crore during the same period of previous fiscal.

Federal Bank Q2 net profit up 5%

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.

Federal Bank launches e-passbook

Last Updated: Friday, August 30, 2013, 16:59

Private lender Federal Bank Friday launched FedBook, an electronic version of the traditional bank passbook.

Federal Bank seeks FIPB nod to raise foreign holding limit

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.

RBI restricts FIIs from purchasing shares of Federal Bank

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.

NRI businessman M A Yousuf Ali picks up stake in Federal Bank

Last Updated: Wednesday, July 17, 2013, 13:07

Speaking to Emirates 24|7, M A Yousuf Ali said the transaction was completed last week.

Federal Bank hires Tata Comm to install 15,000 ATMs

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.

Federal Bank aims 18% growth in gold loans in FY14

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.