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Tag Archives: Federal Bank

Federal Bank launches QIP to raise Rs 2000 crore

Federal Bank has launched a qualified institutional placement (QIP) to raise Rs 2000 crore, with an option to increase the amount by Rs 500 crore. The bank’s credit committee, and investment & raising capital committee has authorised the opening of the QIP of shares on June 21, 2017. The floor ... Read More »

Federal Bank launches new trading platform ‘Selfie’

Federal Bank, in association with Geojit, has launched a new trading platform called ‘Selfie’ for customers. Designed and managed by Geojit, the trading platform will give its users absolute control over their investments with timely research inputs to make sound investment decisions. The tablet edition of Selfie for Android and ... Read More »

Federal Bank gets nod to raise Rs 2500 crore

Federal Bank has received its board’s approval for raising of equity capital up to an aggregate amount of Rs 2500 crore including premium if any, through Qualified Institutional Placement (QIP), Rights Issue, Private Placement, Preferential Issue, Public issue/Follow on Public Offering (FPO), Global Depository Receipts (GDR), American Depository Receipts(ADR) or ... Read More »