The Federal Bank is currently trading at Rs. 153.50, up by 1.00 points or 0.66 % from its previous closing of Rs. 152.50 on the BSE. The scrip opened at Rs. 153.55 and has touched a high and low of Rs. 153.70 and Rs. 151.30 respectively. So far 460369 shares were traded on the counter. … Read more
Federal Bank has reported results for second quarter ended September 30, 2018. The Bank has reported a marginal rise of 0.89% in its net profit at Rs 266.04 crore for the quarter under review as compared to Rs 263.70 crore for the same quarter in the previous year. Total income of the Bank increased by … Read more
Federal Bank has received an approval from the Reserve Bank of India (RBI) for proposal to sell up to 45% stake in NBFC arm Fedbank Financial Services (Fedfina) to private equity firm True North. Earlier in May, the board of the Bank had approved 26% strategic investment by True North in Fedfina. Federal Bank is … Read more
Hyderabad: Stepping up his efforts to form Federal Front, Telangana Chief Minister K. Chandrasekhar Rao will meet DMK leaders M. Karunanidhi and M.K. Stalin in Chennai on Sunday. This was announced by the chief minister`s office in a statement on Saturday night. The Telangana Rashtra Samithi (TRS) chief along with some other leaders of the … Read more