The firm is aiming for an acceleration in credit growth into 'mid-teen' figures in 2021-22
Under Shyam Srinivasan, Federal Bank has transitioned from a small regional bank to one that regularly punches above its weight
I am ready to play the long game, which means that sometimes governance takes premium overshort-term tradeoffs , says CEO Srinivasan
Five-member jury chooses him for consistency of performance
The bank earned net interest income of Rs 1,437 crore in Q3, against Rs 1,155 crore a year ago
The fall was mainly due to higher provisioning for bad loans
Rakesh Jhunjhunwala reduced stake in Federal Bank to 2.4 per cent from 2.71 per cent during the third quarter of FY21
Little leeway on pricing and asset quality at a tricky level could places both segments in a tight spot
The trend in Muthoot Finance's stock looks promising as it is trading well above the 200-days moving average (DMA) placed at Rs 1,059 levels
Strong growth is expected to counter the likely asset quality issues
RBI decision will clarify its stand on 15-year cap mentioned in discussion paper
Net interest income up 23% YoY to Rs 1,380 cr, Other income, comprising fee and commission, grew by 21% to reach Rs 509 cr
With gains of 7 - 10 per cent since September 24, both stocks have been an outlier among peers
These banks need to understand their limitations and balance tradition with new age banking systems, they say
The stock of Federal Bank has picked up momentum to improve the bias and with the RSI indicator indicating a trend reversal
The bank will rely only on in-house customers and also deploy its analytics engine to choose customers in a bid to take care of concerns on book quality
With new strategies in place, the coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank
The proposed governance norms for banks seem to be pushing for a role reversal - make the non-executive directors run the bank and take away the executive powers of the CEO
Federal Bank on Friday said it has received the Reserve Bank of India's approval for the reappointment of Shyam Srinivasan as Managing Director and Chief Executive Officer till September 22, 2021
June quarter results beat expectations, but nearly 12% of its loan book is not in receipt of even one installment