Federal Bank

FMCG, select banks help Sensex, Nifty snap 5-day losing streak; Metals dip

CLOSING BELL: Nestle, Titan, Hindustan Unilever and Asian Paints were the major gainers among the Sensex-30 pack; while Tata Steel, IndusInd Bank and Bharti Airtel were the top losers.

Stocks to watch: JSW Energy, Federal Bank, Zuari Inds, Titagarh Wagons

Stocks to watch today: From JSW Energy to Federal Bank, here are top stocks to watch in Thursday's trading session

Federal Bank declines 5% on profit booking post strong Q3FY23

In the past six months, the stock of Federal Bank rallied 40 per cent, as compared to 12 per cent rise in the S&P BSE Sensex

IDFC, L&T Finance, 3 others hit 52-week highs; charts show up to 23% upside

Stock reaching fresh 52-week highs may further see up to 23 per cent upside

Federal Bank Q3 net profit up 54% at Rs 803.61 cr, asset quality improves

Net interest income increases 27.14% year-on-year to Rs 1,956.53 crore in, says private sector lender

Federal Bank December quarter profit increases 54% to Rs 804 crore

The bank had posted a net profit of Rs 522 crore in the same quarter a year ago

HDFC Bank, ICICI Bank: Will Q3 results ease volatility in banking stocks?

HDFC Bank's stock to turn bearish only beneath the support of Rs 1,500

Federal Bank's loan grows 19.1% YoY in Q3; deposits cross Rs 2 trn mark

Pace of customer liabilities expands at slower pace of 12.8 per cent YoY

F&O Call: Nandish Shah recommends Bear Spread strategy on Federal Bank

The derivative analyst from HDFC Securities recommends to Buy Federal Bank 128 Put and simultaneously Sell 125 Put for the December expiry.

Fag-end buying lifts Sensex 468 pts, Nifty above 18,400; auto, FMCG rise

CLOSING BELL: Sectorally, the Nifty IT index was the most downbeat sector as it dipped 0.5 per cent as Accenture's Q1FY23 results rang alarm bells for Indian IT companies

Federal Bank increases interest rates on fixed deposits, effective Dec 18

Federal Bank says deposits with maturities between 18 months and two years will earn a maximum interest rate of 7.75 per cent from December 18 onwards

Bajaj Finance raises interest on FDs of up to Rs 5 crore by 25 bps

Revised rates applicable on fresh deposits and renewals

Federal Bank ties up with JCB India to finance heavy equipment buyers

Federal Bank on Friday said it has tied up with JCB India to finance the prospective buyers of heavy construction equipment and boost its loan portfolio. The private sector lender said it has inked a memorandum of understanding (MOU) with JCB India, a leading manufacturer of earthmoving and construction equipment. This arrangement will boost the financing options for JCB's customers in India, Federal Bank said in a release. Under the arrangement, Federal Bank is the preferred finance partner of the construction equipment manufacturer, where JCB's customers can avail loans from the lender at competitive interest rates. With the government's focus on infrastructure development continuing to remain strong, there will be various opportunities to create synergies between the teams from JCB India and Federal Bank, Deepak Shetty, CEO and Managing Director of JCB India, said. "Importantly, it will give greater financing options to our customers while purchasing JCB machines both in urban

Federal Bank posts highest-ever quarterly profit; up 53% over last year

NII up 19.1% to Rs 1,762 crore, other income rises 24% to Rs 610 crore

Federal Bank zooms 6%; hits new peak on highest ever quarterly profit in Q2

In Q2FY23, Federal Bank also recorded its highest ever net interest income of Rs 1,762 crore, which was up 19 per cent YoY

Gold price dips as US dollar, yields rise after Powell's comments

Fed fund futures are now pricing in a 85% chance of a 75-basis-point rate hike by the Fed at its Sept. 20-21 policy meeting

Federal Bank pares gains as lender denies merger report; rises 9% intra-day

The news report of a merger between Federal Bank and another private bank is speculative in nature, the bank said

Credit to industry hits 8-year high as corporations opt for bank funding

According to the latest Reserve Bank of India (RBI) data, loans to micro, small, medium, and large industries rose to Rs 31.82 trillion as of July end, up 10.5 per cent year-on-year (YoY).

Yen hits 24-year low, 140 level beckons as Fed hike bets buoy dollar

Markets have priced in about a 40% chance the ECB will increase rates by 75 basis points next week, even as risks of a painful recession rise along with gas prices

Asia continues global stock selloff as Fed tightening fears flare

Japan's Nikkei sagged 0.6%, while Australia's share benchmark slid 0.4% and South Korea's Kospi lost 0.5%