Federal Bank
237.26
+1.43(+0.61%)
Market Cap₹58,372.10 Cr
PE Ratio14.43
IndustryBanks
Company Performance:
1D+0.61%
1M+19.12%
6M+24.11%
1Y+15.17%
5Y+325.96%
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More news about Federal Bank
24Oct 25
Federal Bank Approves Rs 6,197 Crore Warrant Issuance to Asia II Topco XIII
Federal Bank's board has approved a preferential issue of up to 27,29,74,043 warrants to Asia II Topco XIII Pte. Ltd. at ₹227 per warrant, potentially raising up to ₹6,197 crore. The warrants are convertible into equity shares within 18 months. Upon full conversion, the investor would hold a 9.99% stake in the bank. The deal includes the right for the investor to nominate one non-executive director, subject to conditions. The proposal requires shareholder, RBI, and CCI approvals, with an EGM scheduled for November 19, 2025.
21Oct 25
Federal Bank Clarifies: No Decision Made on 9.99% Stake Issue
Federal Bank has issued a clarification stating that no decision has been made regarding a potential 9.99% stake issue, contrary to recent media reports. The bank's Board of Directors is scheduled to meet on October 24, 2025, to evaluate various fund-raising options. Federal Bank emphasized its commitment to regulatory compliance and transparency, stating that all material information has been duly communicated to stock exchanges. The bank is not aware of any undisclosed information that could explain unusual trading activity and confirmed no ongoing regulatory or legal proceedings related to the news article's subject matter.
20Oct 25
Federal Bank Reports Strong Q2 FY26 Performance with Record NII and Fee Income
Federal Bank announced Q2 FY26 results with net profit at ₹955.26 crore, down 9.6% YoY. However, the bank achieved record-high net interest income of ₹2,495 crore and fee income of ₹886 crore. Deposits grew by 10.71% YoY, with CASA ratio improving to 31.01%. The bank's shares rose 7% to ₹227.00 following the results announcement.
18Oct 25
Federal Bank to Consider Fund Raising Options in Upcoming Board Meeting
Federal Bank's Board of Directors will meet on October 24, 2025, to consider various fund-raising proposals. The bank is exploring options including rights issue, preferential allotment, and qualified institutions placement (QIP). This move aims to strengthen the bank's capital base and support future growth. The decision follows the bank's recent financial performance, with total business reaching ₹5.29 lakh crore for the quarter ended June 30, 2025. The specific amount to be raised has not been disclosed.
18Oct 25
Federal Bank Reports Q2 FY26 Net Profit of ₹955 Crore, Down 9.6% Year-on-Year with Lower Fresh Slippages
Federal Bank's Q2 FY26 results show a 9.6% decline in standalone net profit to ₹955.26 crore, despite a 3.8% increase in total income to ₹7,824.33 crore. The bank's asset quality improved with gross NPA ratio decreasing to 1.83% and net NPA ratio to 0.48%. Fresh slippages reduced to ₹5.80 billion, down from ₹6.60 billion in the previous quarter. The bank's capital adequacy ratio strengthened to 15.71%. Credit ratings were reaffirmed by CARE Ratings and India Ratings, reflecting financial stability.
14Oct 25
Federal Bank and Fi Unveil MagniFi Credit Card for Weekend Warriors
Federal Bank, in partnership with Fi, has introduced the MagniFi Federal Fi Credit Card, targeting young urban professionals aged 25-40 in India. The card offers 5% cashback on weekend transactions for dining, shopping, travel, cabs, and groceries, and 0.5% on weekday transactions. It also provides 20% instant discounts on Amazon, Zomato, Zepto, and BookMyShow. The card is lifetime free with no joining or annual fees. This digital-first approach capitalizes on data showing 50% higher weekend transactions in India, aiming to align with the lifestyle and spending habits of young Indians.
17Sept 25
Federal Bank Completes Sale of 16.6 Crore Yes Bank Shares to Sumitomo Mitsui Banking Corporation
Federal Bank has completed the sale of 16,62,73,472 equity shares of Yes Bank to Sumitomo Mitsui Banking Corporation (SMBC) at ₹21.50 per share, totaling ₹357.49 crore. The transaction, executed on September 17, 2025, was based on a Letter Agreement dated May 09, 2025, and followed necessary regulatory approvals. Federal Bank has informed the National Stock Exchange and BSE Limited about the completion of this transaction in compliance with SEBI regulations.
28Aug 25
Federal Bank Appoints Srinivasan P as Executive Vice President for Wholesale Banking
Federal Bank has appointed Mr. Srinivasan P as Executive Vice President & Head – Business Initiatives (Wholesale Banking) and a Senior Management Personnel, effective August 28, 2025. Srinivasan brings 22 years of banking experience, specializing in corporate banking, trade finance, and digital transformation. He previously served as Regional Head - Multinational Corporates Coverage at HDFC Bank. His expertise includes team leadership, customer acquisition, deal structuring, credit appraisal, and risk management. This appointment aligns with Federal Bank's strategy to strengthen its wholesale banking division.
21Aug 25
Federal Bank Shares to Trade Ex-Dividend on August 22 for Rs 1.20 Payout
Federal Bank has declared a dividend of Rs 1.20 per share for FY 2025, with shares set to trade ex-dividend on August 22. The record date is also August 22, and the dividend is subject to shareholder approval at the AGM on August 29, 2025. This 60% dividend maintains the bank's consistent payout history. Recent financial results show challenges with a 15% YoY decline in net profit for the June quarter and narrowing margins. The bank recently participated in an investor conference, meeting with various institutional investors.
12Aug 25
Federal Bank Announces 94th AGM, Introduces E-Voting for Shareholders
Federal Bank has scheduled its 94th Annual General Meeting for August 29, 2025, at 11:00 A.M. IST, to be held virtually due to health concerns. The bank has introduced e-voting for shareholders, with the voting period from August 26 to August 28, 2025. A final dividend of Rs 1.20 per share for FY 2025 has been proposed. The bank has also launched a 'Saksham Niveshak' campaign to update shareholder details and encourage claiming of unclaimed dividends.
04Aug 25
Federal Bank Reports 14% Decline in Q1 Net Profit, Asset Quality Shows Slight Deterioration
Federal Bank's Q1 net profit declined 14% year-on-year to ₹860.00 crore. Gross NPA ratio increased to 1.91% from 1.84% in the previous quarter, while Net NPA ratio rose to 0.48% from 0.44%. Provisions and contingencies surged to ₹400.00 crore from ₹130.00 crore quarter-on-quarter. The bank's unaudited financial results for Q1 FY24 were published in compliance with regulatory requirements.
02Aug 25
Federal Bank Reports Mixed Q1 Results with Record Fee Income Despite Lower Profitability
Federal Bank's Q1 results show a 15% decrease in net profit to ₹862.00 crore, despite achieving its highest ever total business of ₹5.29 lakh crore. The bank reported record fee income of ₹786.49 crore, up 20% year-over-year. Asset quality challenges were evident with increased NPA ratios. Deposits grew by 10% to ₹2,87,436.00 crore, while advances increased by 9% to ₹2,45,286.00 crore. The bank maintained a strong CASA ratio of 30.35% and processed 93% of transactions digitally.
31Jul 25
Federal Bank Appoints Bincy Cherian as Chief of Internal Vigilance
Federal Bank has appointed Ms. Bincy Cherian as Senior Vice President and Chief of Internal Vigilance, effective August 1, 2025. With over 26 years of banking experience, Ms. Cherian previously served as Senior Vice President & Deputy Chief Vigilance Officer. She holds a postgraduate degree in Agriculture, is a Certified Associate of the Indian Institute of Bankers, and has CICC certification from Moody's Analytics. In her new role, she will oversee the bank's internal vigilance function, crucial for maintaining operational integrity and regulatory compliance.
30Jul 25
Federal Bank Unveils New Employee Stock Option Schemes, Sets 94th AGM Date
Federal Bank has approved two new employee stock option schemes: ESOS 2025 covering 1% of paid-up equity shares with fair market value pricing, and ESIS 2025 covering 0.60% of paid-up equity shares at face value of ₹2 per option. The bank's 94th Annual General Meeting is scheduled for August 29, 2025, via video conferencing. Book closure dates are set for August 23-29, 2025, with August 22, 2025, as the cut-off date for e-voting and dividend eligibility. An analyst and investor meet is planned for August 5, 2025, in Chennai.
25Jul 25
Federal Bank Pioneers Biometric Authentication for Online Card Payments in India
Federal Bank has launched biometric authentication for online card transactions, allowing customers to use fingerprint or face ID for e-commerce payments. Developed with M2P and MinkasuPay, this system reduces transaction times to 3-4 seconds, improving user experience. It's compatible with Android and iOS devices, adheres to RBI's two-factor authentication guidelines, and securely stores biometric data on the user's device. Currently available to Federal Bank card holders on select merchant platforms, with plans for phased expansion.
23Jul 25
Federal Bank Appoints Virendra Somwanshi as Executive VP & Head of Wealth & Banca
Federal Bank Limited has appointed Mr. Virendra Suryabhan Somwanshi as Executive Vice President & Head of Wealth & Banca, effective July 23, 2025. Somwanshi brings over 26 years of experience in Private Wealth, Retail Banking, and Financial Services. He previously served as Group President and Head of Wealth Management, Capital Markets, and NRI Business at Bank of Baroda. Somwanshi holds an MBA and a Bachelor's in Mechanical Engineering. The appointment complies with SEBI regulations and has been reported to relevant stock exchanges.
04Jul 25
Federal Bank Unveils Tailored Current Account Products for NRI Customers
Federal Bank has introduced new current account products tailored for Non-Resident Indians (NRIs). While specific details are not disclosed, these accounts are designed to address unique challenges faced by NRIs in cross-border financial management. This move aims to strengthen Federal Bank's position in the NRI banking segment and may offer benefits such as easier fund transfers, favorable exchange rates, and digital banking solutions for overseas access.
01Jul 25
Federal Bank Unveils Ambitious Rs 6,000 Crore Fundraising Plan
Federal Bank's board has approved a plan to raise up to Rs 6,000 crore through various equity and debt instruments. The fundraising options include rights issue, preferential issue, FPO, QIP, GDR, ADR, AT1 bonds, Tier II bonds, and FCCBs. This move aims to strengthen the bank's capital base and position it for potential growth opportunities. The plan is subject to necessary regulatory approvals from RBI, SEBI, and other relevant authorities.
30Jun 25
Federal Bank Approves Capital Raise and ₹6,000 Crore Debt Borrowing
Federal Bank's Board of Directors has approved raising equity capital through various methods and authorized borrowing up to ₹6,000 crore through debt instruments. These decisions aim to strengthen the bank's capital base, support expansion plans, and provide financial flexibility for operations and growth strategies.
25Jun 25
Federal Bank Board to Convene on June 30 to Discuss Fundraising Plans
Federal Bank's Board of Directors will meet on June 30 to discuss fundraising strategies. This meeting could significantly impact the bank's capital structure and future growth plans. While specific details are not disclosed, the bank may consider options like equity issuance or debt instruments. The outcome of this meeting is expected to provide insights into Federal Bank's financial outlook and strategic direction.
10Jun 25
Federal Bank Sets Ambitious 18-19% Annual Growth Target for MSME Portfolio by FY'26
Federal Bank has announced plans to expand its Micro, Small, and Medium Enterprises (MSME) portfolio, aiming for 18-19% year-on-year growth by fiscal year 2026. This strategic move focuses on small business lending, potentially diversifying the bank's loan book and capitalizing on higher yields from MSME loans. The strategy aligns with government initiatives supporting small businesses but also presents challenges in risk management and increased competition in the sector.
28May 25
Federal Bank Shares: Major Block Trade Worth Rs. 72.18 Crores Executed
A significant block trade of Federal Bank Ltd. shares occurred on the National Stock Exchange (NSE). The transaction involved 3,591,144 shares, valued at Rs. 72.18 crores, with each share priced at Rs. 201.00. This large-scale trade, often indicative of strategic moves by institutional investors, has drawn market attention and may serve as a reference point for Federal Bank's current valuation.
02May 25
Federal Bank: Q4 Profit Rises 14.4%, Shares Drop 4% as Brokerages Revise Outlook
Federal Bank's Q4 FY2023 net profit rose 14.4% to ₹1,030.20 crore, with total income reaching ₹7,654.30 crore. Asset quality improved with GNPA ratio at 1.84% and NNPA at 0.44%. Despite strong results, shares fell over 4% as brokerages revised outlooks due to concerns over NIM pressure and rising operating expenses. Nomura maintained a 'Buy' rating but lowered the target price, while Morgan Stanley reiterated an 'Underweight' stance.
30Apr 25
Federal Bank Reports Robust Q4 FY25 Results: Net Profit Surges 13.67% YoY
Federal Bank announced impressive Q4 FY25 results with net profit rising 13.67% to ₹1,030.23 crore. Full-year profit increased by 8.90% to ₹4,051.89 crore. Total business grew 12.24% to ₹5,18,483.86 crore. Asset quality improved with GNPA ratio decreasing to 1.84%. Net Interest Income grew 8.31%, and other income surged 33.44%. The bank maintained a strong capital position with a Capital Adequacy Ratio of 16.40%. A dividend of 60% was recommended for FY 2024-25.
30Apr 25
Federal Bank Q4 Profit Surges 14%, Beats Estimates on Strong Income Growth
Federal Bank's Q4 FY25 net profit rose 13.7% to ₹1,030.23 crore, beating analyst expectations. Net Interest Income grew 8.3% to ₹2,377.44 crore, while other income surged 33.4%. Asset quality improved significantly, with GNPA ratio at 1.84% and NNPA at 0.44%. Total business reached ₹5,18,483.86 crore, growing 12.24%. The bank maintained a strong Capital Adequacy Ratio of 16.40% and announced a dividend of 60% (₹1.20 per share) for FY 2024-25.
11Apr 25
Federal Bank Appoints Virat Sunil Diwanji as National Head of Consumer Banking
Federal Bank has appointed Virat Sunil Diwanji as the national head of consumer banking and a senior management personnel, effective April 10, 2025. Diwanji brings over 30 years of experience in consumer banking, including a tenure as group president and head of consumer bank at Kotak Mahindra Bank. Additionally, Federal Bank has allotted 69,321 equity shares under its Employee Stock Option Scheme (ESOS) 2017.
04Apr 25
Federal Bank Executive Director Shalini Warrier Steps Down for Entrepreneurial Pursuit
Shalini Warrier, Executive Director of Federal Bank, has resigned to pursue an entrepreneurial opportunity. The bank's Board of Directors accepted her resignation on April 4, 2025, and she will be relieved between May 15 and May 31, 2025. Warrier joined Federal Bank in 2015 and has served as Executive Director since January 2020. The bank is working on a smooth transition and has not yet announced a successor.
02Apr 25
Federal Bank Unveils Fed StarBiz Credit Card for Business Customers
Federal Bank has introduced the Fed StarBiz credit card, designed for business customers. Available in RuPay and Visa variants, the card integrates with Overdraft and Cash Credit facilities, offering credit limits up to ₹50 lakh. It features high transaction limits, advanced security measures, and simplified financial management tools. The bank plans to introduce more specialized payment solutions in 2025.
26Mar 25
Federal Bank to Boost Stake in Ageas Federal Life Insurance with 4% Acquisition
Federal Bank plans to acquire a 4% stake in Ageas Federal Life Insurance Company (AFLIC) from Ageas Insurance International NV for ₹974.40 million. This will increase Federal Bank's ownership from 26% to 30%. The acquisition involves purchasing 32 million shares at ₹30.45 per share, subject to regulatory approvals from RBI and IRDAI. The transaction is expected to complete by October 31, 2025. AFLIC has shown strong financial performance with ₹17,455 crore in assets under management and ₹107 crore net profit in FY 2024.
25Mar 25
Federal Bank to Acquire 4% Stake in Ageas Federal Life Insurance for ₹97.44 Crore
Federal Bank plans to acquire an additional 4% stake in Ageas Federal Life Insurance Company Limited (AFLIC) from Ageas Insurance International NV. The bank will purchase 32 million shares at ₹30.45 per share, totaling ₹974.40 million. This will increase Federal Bank's stake from 26% to 30%. The acquisition is subject to regulatory approvals and is expected to complete by October 31, 2025. AFLIC reported strong financial performance with a net worth of 1176.00 and net profit of 107.00 in FY 2024.
24Feb 25
Federal Bank's New CEO Unveils Ambitious Plan to Become Top 5 Private Bank
Federal Bank's new CEO, KVS Manian, has unveiled a strategic plan to elevate the bank to one of India's top five private sector banks within 3-5 years. The plan includes national expansion, operational modernization, and diversification into microfinance, asset management, and investment banking. Several prominent financial firms have maintained 'Buy' ratings for Federal Bank's stock, showing confidence in the new strategy.
Federal Bank
237.26
+1.43
(+0.61%)
1 Year Returns:+15.17%
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