The Federal Bank stock is attempting a breakout on the upside by crossing Rs 103 level, the Relative Strength Index (RSI) has formed a positive crossover indicating a bullish strength.
BHEL, Birlasoft, Canara Bank, Fino Payments Banks, LIC Housing Finance, MayMyIndia, McDowell Holdings, PNB, RBL Bank and Wockhardt to announce results today.
Net interest income rose by 7% to Rs 1,539 cr
Federal Bank on Wednesday said it has received approval from its board of directors to raise up to Rs 700 crore by issuing bonds on a private placement basis
The board approval is subject to market conditions and receipt of applicable approvals
Its pace of loan book expansion was higher than the 7.3 per cent YoY growth shown by commercial banks in India as a group till middle of December 2021
Weekly futures & options expiry and news related to Omicron could sway the market movement
Private sector lender Federal Bank on Friday reported nearly 55 per cent jump in its consolidated net profit at Rs 488 crore for the second quarter of this fiscal ended September 30
Federal Bank hit a fresh 52-week high at Rs 105.10, and rallied 9 per cent in today trade after reporting a strong set of Q2 numbers
We're seeing noticeable traction in the banking pack and Federal Bank has recently witnessed a breakout from a consolidation range
Stock market LIVE: Sectorally, all the indices were in the green, led by the Nifty Realty index (up 3.5 per cent)
The owner and operator of retail chain D-Mart has reported a 46.6 per cent increase in its standalone revenue from operations at Rs 7,649.64 crore for the second quarter ended September 2021
Private sector lender Federal Bank on Sunday said it has posted a 10 per cent growth in advances at Rs 1,37,309 crore for the second quarter ended September 30.
In a Q&A, Shyam Srinivasan says he wants the lender to be a predictable and trustworthy brand. He also expects home loan interest rate wars to erupt in the festive season
The lender's net interest income grew by 9.4% YoY to Rs 1,418 cr in Q1FY22 compared to Rs 1,296 cr in the year-ago period
Private sector lender Federal Bank on Friday posted a 12.87 per cent decline in its consolidated net profit for the June 2021 quarter to Rs 356.76 crore
The brokerage firm Motilal Oswal Financial Services said it sees this as a positive development as it addresses a key overhang on the management continuity
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
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
Coal India has corrected over 10 per cent in the last trading week and is trading close to the previous consolidation zone