Federal Bank Ltd. Records ₹32.26 Crore Block Trade on NSE at ₹319.65 Per Share
Federal Bank Ltd. recorded a block trade on the NSE valued at ₹32.26 crores, involving approximately 1,009,257 shares at a price of ₹319.65 per share. Such block trades are privately negotiated transactions executed outside the open market, typically by institutional investors, to minimize price impact.
Federal Bank Projects Credit-Deposit Ratio Between 84-86% for FY27
Federal Bank has set a strategic target for its credit-deposit ratio to range between 84% and 86% for FY27. This projection reflects the bank's planned approach to balance lending growth with deposit mobilization, indicating a measured strategy for credit expansion while maintaining adequate liquidity buffers and regulatory compliance.