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Federal Bank FY13 net up 13% at Rs 852.66 cr

Last Updated: Saturday, April 27, 2013, 18:37

The standalone profit of the bank for 2012-13 grew to reach Rs 838.17 crore, the bank said in a release.

Federal Bank launches Rupay brand debit card

Last Updated: Thursday, April 18, 2013, 21:16

The debit card would be accepted in over one lakh ATM's of National Financial Switch member banks in the country and would be accepted on point of sale and Internet soon.

Federal Bank eyes Rs 2 lakh cr biz in 3 yrs

Last Updated: Tuesday, April 2, 2013, 22:00

The bank also closed the year with 1,100 branches and 1,170 ATMs, adding that the branch expansion target is 10-12 percent per annum.

LIC sells 2% stake in Federal Bank for Rs 170 cr

Last Updated: Tuesday, March 19, 2013, 21:22

Following the stake sale, LIC shareholding in the bank has come down to 3 percent, Federal Bank said in a filing on the BSE on Tuesday.

Federal Bank cuts base rate by 0.25%

Last Updated: Thursday, February 21, 2013, 17:40

The bank also said that it will be lending "to good rated retail borrowers" for their car and home loan requirements at par with the base rate.

Federal Bank launches National Auto loans hub

Last Updated: Wednesday, January 30, 2013, 18:28

With the launch of the National Auto Loan Hub, the bank has addressed two key points that affect consumers -- pricing and speedy processing.

Federal Bank Q3 net up 4% at Rs 210.78 cr

Last Updated: Thursday, January 17, 2013, 21:57

The bank had posted a net profit of Rs 201.87 crore for the corresponding quarter last fiscal, Federal Bank said in a filing to the BSE.

Federal Bank grants stock options to employees

Last Updated: Friday, December 28, 2012, 21:41

Federal Bank has offered Employee Stock Options for the second time since the bank implemented the Employee Stock Options Scheme in 2011, the private lender said in a release issued here.

Federal Bank ups deposit rates by up to 0.50%

Last Updated: Tuesday, December 25, 2012, 19:42

Kerala-based Federal Bank on Tuesday raised its interest rate offering on select deposit buckets by up to 0.50 percent.

L&T Finance exits Federal Bank by selling 4.67% stake

Last Updated: Tuesday, November 27, 2012, 21:01

L&T Finance Holdings Ltd Tuesday sold its entire 4.67 percent stake in private sector lender Federal Bank for about Rs 363 crore.

L&T to offload 4.67% stake in Federal Bank for Rs 350 cr

Last Updated: Monday, November 26, 2012, 22:16

L&T Finance will offload its entire 4.67 percent stake in the private sector lender Federal Bank for about Rs 300-350 crore.

After 62% rise in NRE fund mop-up, Federal to cut deposit rates

Last Updated: Sunday, October 21, 2012, 13:04

It has been offering higher than average industry pricing to woo money from NRIs since last December after the RBI liberalised the NRE deposits to arrest the steep plunge of the rupee.