Page 8 - Federal Bank

Federal Bank's advances rise 10% to Rs 1.47 trn in FY22; deposits up 5%

The private sector lender's interbank deposits plunged by 62% to Rs 1,162 crore during the year ended March 2022, and the certificates of deposit fell by 59.3% to Rs 2,437 crore.

Federal Bank shares rise over 2% as subsidiary files DRHP with Sebi

Shares of Federal Bank on Monday gained over two per cent after its subsidiary Fedbank Financial Services Ltd (FedFina) filed preliminary papers with markets regulator Sebi for IPO

Stocks to Watch: IndiGo, RIL, Hinduja Global, Federal Bank, Brightcom

Auto shares are likely to be in focus as car makers are looking to ramp up production by an average 18-20 per cent in the March quarter, as the shortage of semiconductor eases.

Axis, ICICI, IndusInd Bank: Select pvt lenders poised for up to 10% upside

The Federal Bank stock is attempting a breakout on the upside by crossing Rs 103 level, the Relative Strength Index (RSI) has formed a positive crossover indicating a bullish strength.

Stocks to Watch: Axis Bank, Brightcom, Cipla, Federal Bank, Pidilite, IT

BHEL, Birlasoft, Canara Bank, Fino Payments Banks, LIC Housing Finance, MayMyIndia, McDowell Holdings, PNB, RBL Bank and Wockhardt to announce results today.

Federal Bank's Q3 net profit rises 29% to Rs 522 cr on lower provisions

Net interest income rose by 7% to Rs 1,539 cr

Federal Bank gets board approval to raise up to Rs 700 cr through bonds

Federal Bank on Wednesday said it has received approval from its board of directors to raise up to Rs 700 crore by issuing bonds on a private placement basis

Federal Bank arm Fedbank Financial Services gets board approval for IPO

The board approval is subject to market conditions and receipt of applicable approvals

Federal Bank Q3 advances up 12% YoY, top those of most other lenders

Its pace of loan book expansion was higher than the 7.3 per cent YoY growth shown by commercial banks in India as a group till middle of December 2021

Stocks to Watch: NDTV, RIL, Raymond, Hero Moto, Nykaa, Federal Bank

Weekly futures & options expiry and news related to Omicron could sway the market movement

Federal Bank net profit rises 50% to Rs 460 crore in September quarter

Private sector lender Federal Bank on Friday reported nearly 55 per cent jump in its consolidated net profit at Rs 488 crore for the second quarter of this fiscal ended September 30

This stock from Rakesh Jhunjhunwala's portfolio has zoomed 115% in 13 mths

Federal Bank hit a fresh 52-week high at Rs 105.10, and rallied 9 per cent in today trade after reporting a strong set of Q2 numbers

Three trading ideas by Ajit Mishra: Buy Adani Ports, Federal Bank; sell DRL

We're seeing noticeable traction in the banking pack and Federal Bank has recently witnessed a breakout from a consolidation range

Sensex snaps 4-day losing streak, ends 534 pts up; Nifty tad below 17,700

Stock market LIVE: Sectorally, all the indices were in the green, led by the Nifty Realty index (up 3.5 per cent)

Stocks to watch: D-Mart, ZEEL, Federal Bank, Coal India, NTPC, Inox Wind

The owner and operator of retail chain D-Mart has reported a 46.6 per cent increase in its standalone revenue from operations at Rs 7,649.64 crore for the second quarter ended September 2021

Federal Bank records 10% loan growth in Q2

Private sector lender Federal Bank on Sunday said it has posted a 10 per cent growth in advances at Rs 1,37,309 crore for the second quarter ended September 30.

We want Federal Bank to be the 'Rahul Dravid' of banking space: MD-CEO

In a Q&A, Shyam Srinivasan says he wants the lender to be a predictable and trustworthy brand. He also expects home loan interest rate wars to erupt in the festive season

Federal Bank's Q1 net profit drops 8.35% due to higher provisions

The lender's net interest income grew by 9.4% YoY to Rs 1,418 cr in Q1FY22 compared to Rs 1,296 cr in the year-ago period

Federal Bank posts 13% decline in net profit to Rs 356.8 cr for Jun quarter

Private sector lender Federal Bank on Friday posted a 12.87 per cent decline in its consolidated net profit for the June 2021 quarter to Rs 356.76 crore

Federal Bank gains 6% as RBI approves re-appointment of Shyam Srinivasan

The brokerage firm Motilal Oswal Financial Services said it sees this as a positive development as it addresses a key overhang on the management continuity