Federal Bank stock slumps 7% as Q1 net drops

Last Updated: Monday, July 20, 2015, 22:37

Shares of Federal Bank slumped nearly 7 percent today after it reported 35.8 percent fall in net profit for the first quarter of 2015-16.

Federal Bank fears more bad loan pain in Q2

Last Updated: Sunday, July 19, 2015, 16:15

The bank's exposure to this company is at around Rs 100 crore and it is evaluating multiple options to deal with the stress, he added.

Federal Bank Q1 Net drops 36% at Rs 141 crore

Last Updated: Saturday, July 18, 2015, 18:47

Federal Bank on Saturday reported a 35.8 percent fall in its net profit at Rs 141.39 crore for the first quarter of 2015-16.

Nilesh Vikamsey appointed Federal Bank part-time Chairman

Last Updated: Friday, June 19, 2015, 19:17

Nilesh Shivji Vikamsey has been appointed as part-time Chairman of Federal Bank.

Federal Bank slashes base rate by 0.25% to 9.95%

Last Updated: Monday, June 8, 2015, 18:16

Federal Bank Monday cut the base rate, or the minimum lending rate, by 0.25 percent to 9.95 percent.

Federal Bank, SBI Card collaborate to launch credit cards

Last Updated: Monday, May 18, 2015, 20:44

Private sector Federal Bank along with card issuing company SBI Card Monday launched co-branded credit cards.

Federal Bank signs pact with LIC for PMJJBY

Last Updated: Friday, May 8, 2015, 18:40

The insurance scheme provides for a life cover of Rs 2 lakh at an annual premium of Rs 330.

Federal Bank ties up with New India for cheaper accident cover

Last Updated: Wednesday, May 6, 2015, 19:11

South-based private sector lender Federal Bank on Wednesday entered into a pact with state-run general insurer New India Assurance (NIA) for providing cheaper accident cover to its savings bank account holders.

Federal Bank Q4 profit up marginally at Rs 281 cr

Last Updated: Wednesday, April 29, 2015, 18:46

The bank had posted net profit of Rs 277.29 crore during the same quarter of last fiscal, 2013-14.

Double digit growth more attractive: Federal Bank

Last Updated: Saturday, April 25, 2015, 21:02

Double digit growth would be more attractive than the existing single digit growth, Managing Director and CEO of Federal Bank Shyam Srinivasan said on Saturday.

Federal Bank offers health insurance of Rs 1 lakh for new acs

Last Updated: Monday, April 20, 2015, 19:46

South-based lender Federal Bank Monday said it will be offering a health insurance of Rs 1 lakh for all new savings accounts under a tie-up with Max Bupa.