Federal Bk Net rises 12.5% to Rs 215.1 cr in Sept quarter

Last Updated: Saturday, October 20, 2012, 17:49

The bank's net profit during the corresponding period (July-September) a year earlier was at Rs 191.16 crore, it said in a BSE filing.

Credit demand likely to be better in H2: Federal Bank

Last Updated: Tuesday, October 9, 2012, 18:58

Demand for credit is likely to be better in the second half, a top official of Federal Bank said here Tuesday.

Federal Bank offers overdraft facility against gold loans

Last Updated: Saturday, September 8, 2012, 14:56

'Easy Gold', offers a debit card with an overdraft facility using which customers can withdraw money or use loan amount through any ATM or PoS (point of sale) terminals.

Federal Bank expects to maintain high growth in gold loan book

Last Updated: Tuesday, September 4, 2012, 22:17

In the first quarter, the Kerala-based Federal Bank reported 30 percent rise in net profit at Rs 190.35 crore on an income of Rs 1,661.04 crore.

HSBC offloads entire stake in Federal Bank for about Rs 341 crore

Last Updated: Tuesday, August 28, 2012, 19:36

Global banking giant HSBC on Tuesday sold its entire five percent stake in Kerala-based private sector lender Federal Bank for a little over Rs 341 crore through open market transactions.

Federal Bank eyes 30% jump in remittances in FY13

Last Updated: Sunday, August 19, 2012, 11:37

South-based lender Federal Bank is targeting a jump of 30 percent in remittances this fiscal, helped by factors like rupee depreciation and resilience in economies from Middle East, a top official has said.

Federal Bank Q1 Net rises 30% to Rs 190.35 cr

Last Updated: Thursday, August 2, 2012, 18:06

Its profit in the same period (April-June) a year ago stood at Rs 146.16 crore, it said in a filing to BSE.

Federal Bank offers 10% on 1000-day deposits

Last Updated: Monday, July 30, 2012, 20:27

Kerala-based private sector lender Federal Bank on Tuesday offered an interest rate of 10 percent for resident and non-resident deposits for 1,000 days' maturity, effective Tuesday through August 17.

Mahindra ties up with Federal Bank for vehicle financing

Last Updated: Friday, July 27, 2012, 19:54

Auto major Mahindra & Mahindra Ltd (M&M) Friday signed an agreement with Kerala-based Federal Bank for financing personal and commercial range of vehicles.

Federal Bank launches debit cards for HNIs

Last Updated: Wednesday, May 16, 2012, 18:46

The fourth largest private sector lender by network Federal Bank on Wednesday launched two premium debit cards exclusively targeted at its HNI customers, apart from a premium travel card.

Lower provisioning pushes Federal Bank net up 38% in Q4

Last Updated: Friday, May 11, 2012, 16:53

Kochi-based private sector lender Federal Bank on Friday reported a healthy 38.4 percent rise in the fourth quarter post-tax profit at Rs 237.6 crore, up from Rs 171.72 crore a year ago, on the back of a robust growth in interest income and lower provisioning.