Page 9 - Federal Bank

Stocks to watch: Avenue Supermarts, Adani Ports, IRCTC, SJVN, Federal Bank

Bihar-based electronics retailer Aditya Vision plans to expand its retail footprints to neighbouring markets of Jharkhand, West Bengal, Eastern UP and Assam in the next two years

Federal Bank gets RBI nod to re-appoint Shyam Srinivasan as MD for 3 yrs

Private sector Federal Bank on Friday said it has received approval from the RBI to re-appoint Shyam Srinivasan as its MD and CEO for three years. Srinivasan took charge as MD and CEO of the lender on September 23, 2010. "We wish to inform you that the approval from Reserve Bank of India has been received on July 9, 2021 for the re-appointment of Shyam Srinivasan as the MD & CEO of the bank for a period of three years with effect from September 23, 2021 till September 22, 2024," Federal Bank said in a regulatory filing. Earlier in July 2020, the South-based lender had received RBI's nod for reappointment of Srinivasan as Managing Director and Chief Executive Officer till September 22, 2021. He had joined Federal Bank with the experience of over 20 years with leading multinational banks in India, Middle East and South East Asia. He has significant expertise in retail lending, wealth management and small and medium enterprises (SME) banking, it said. Srinivasan is an alumnus of the

Osho Krishan is bullish on Coal India, Federal Bank & NTPC; here's why

Coal India has corrected over 10 per cent in the last trading week and is trading close to the previous consolidation zone

Federal Bank to raise Rs 916 cr in equity capital from IFC, affiliates

Seeks shareholders nod for extra Rs 4,000 cr in equity capital

Stocks to watch: Power Grid, SBI, Tata Steel, CESC, Federal Bank, Wipro

SBI Board is slated to meet on June 21 to consider a fundraising plan for FY22

Federal Bank gets board nod for Rs 148 cr rights issue subscription

Private sector Federal Bank on Tuesday said its board has cleared Rs 148 crore-capital investment into subsidiary Fedbank Financial Services (FFSL) through a rights issue

Federal Bank posts best ever quarterly net profit, up 59% at Rs 477 cr

Lower provisioning boosts bottom line; operating profit down 7.74% in Q4FY21 to Rs 885 cr

Federal Bank's Q4 net profit jumps 59% to Rs 478 crore, bad loans rise

Total income on a standalone basis, however, was down at Rs 3,832 crore in Q4FY21, as against Rs 4,108 crore in the corresponding quarter of FY20

Federal Bank's loans grow by 9% growth in FY21, deposits rise by 13 %

Provisional data showed that between early January and March 2021, advances rose Rs 6,696 crore, according to the lender's filing with BSE

Titan, Lupin: How to trade dark horses in Rakesh Jhunjhunwala's portfolio

Titan Company needs to decisively cross and sustain above Rs 1,500 levels, supported by volume, to attract the interest of market participants

Federal Bank aims 'mid-teen' growth in credit for fiscal 2022

The firm is aiming for an acceleration in credit growth into 'mid-teen' figures in 2021-22

Institution builder: Federal Bank's Srinivasan is BS Banker of the Year

Under Shyam Srinivasan, Federal Bank has transitioned from a small regional bank to one that regularly punches above its weight

We are a digitally relevant, contemporary franchise: Federal Bank CEO

I am ready to play the long game, which means that sometimes governance takes premium overshort-term tradeoffs , says CEO Srinivasan

Federal Bank's Shyam Srinivasan is Business Standard Banker of the Year

Five-member jury chooses him for consistency of performance

Federal Bank Q3 profit falls 8% to Rs 404 crore on higher provisioning

The bank earned net interest income of Rs 1,437 crore in Q3, against Rs 1,155 crore a year ago

Federal Bank third quarter profit declines 8% to Rs 404 crore

The fall was mainly due to higher provisioning for bad loans

Stocks to watch: Bajaj Finance, Federal Bank, Tata Comm, Garden Reach

Rakesh Jhunjhunwala reduced stake in Federal Bank to 2.4 per cent from 2.71 per cent during the third quarter of FY21

Retail and SME loans set for litmus test in 2021 as stress levels may rise

Little leeway on pricing and asset quality at a tricky level could places both segments in a tight spot

Gold prices climb to 8-week high; is it time to invest in gold financiers?

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

Federal Bank: Ripe for re-rating despite guidance in run-rate of slippages

Strong growth is expected to counter the likely asset quality issues