Unified Pension Scheme: Why UPS could be negative for PSU banks
The UPS will cost the central government ₹6,250 crore for 2.3 million employees and an additional ₹800 crore to clear arrears, amounting to ₹7,050 crore.
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Federal Bank logs highest-ever profit of ₹1,010 cr in Q1; stock hits 52-week high
The bank's board has also approved fundraising of up to ₹6,000 crore through various securities.
Federal Bank shares rise by 4% post Q1 update
NIFTY BANK index, which comprises the top 12 liquid and large-cap stocks from the banking sector, was up by 1.80%.
Federal Bank, South Indian Bank shares plunge up to 5% on RBI action
Federal Bank informed exchanges that it is in the process of rectifying areas that are deficient and will seek regulatory clearance prior to the resumption of new issuance.
Federal Bank Q3 profit surges 25% to ₹1,007 cr
Private lender’s Q3 NII at ₹2,123 crore, an 8.53% YoY increase
ICICI Pru AMC gets RBI nod to acquire 10% stake in RBL, Federal, IDFC FIRST Bank; stocks surge
The approval granted by the RBI is subject to the compliance with the relevant provisions of the Banking Regulation Act, 1949
Fedbank Financial IPO: NBFC raises ₹330 cr via a pre-IPO placement
Fedfina IPO to open on November 22; price band fixed at ₹133 to ₹140 per equity share
Fedbank Financial’s Anil Kothuri on IPO, gold loan, RBI regulation on NBFCs
The ₹1,092 crore IPO of Fedbank Financial Services will open for subscription on November 22.
Federal Bank Q2 profit rises 35.5% to ₹953 cr; net income up by 33.6%
The company’s operating profit surged by 9.26% to ₹1,324.45 crore as against ₹1,212.24 crore in the same period last year.
Federal Bank's subsidiary Fedfina files IPO papers with SEBI
The IPO of FedFina consists of a fresh issue of equity shares worth ₹750 crore and OFS of up to 7.03 crore shares by Federal Bank and True North Fund VI LLP.
