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Tag Archives: federal bank branches

Federal Bank’s arm gets nod to allot 17.40% stake to True North

Federal Bank’s subsidiary company — Fedbank Financial Services (Fedfina) — has received an approval for allotment of 40,042,500 equity shares, with face value of Rs 10 each, corresponding to 17.40% of the share capital of Fedfina, to ‘True North Fund VI LLP’ on preferential basis for a total consideration of ... Read More »