FEDERALBNK
The Federal Bank Limited
NSELast Traded Price
₹329.5
1.3 (0.4%)
Open
₹329.4
High
₹332.5
Low
₹324.6
Prev Close
₹328.2
Industry
Private Sector Bank
Market Cap
81506.98 Cr
Filing History
Recent corporate announcements and filings for FEDERALBNK
Business Update
Positive
2026-10-10 00:04
- CARE Ratings Ltd has re-affirmed the issuer rating and credit rating for Tier-II Bonds and Infrastructure Bonds of The Federal Bank Limited.
- Issuer rating reaffirmed at CARE AA+; Stable (Amount: ₹0.00 crore).
- Infrastructure Bonds rating reaffirmed at CARE AA+; Stable (Amount: ₹1,500.00 crore).
- Tier-II bonds ratings reaffirmed at CARE AA+; Stable across various tranches (Amounts: ₹200.00 crore, ₹500.00 crore, and ₹1,000.00 crore).
- The rating rationale was received by the bank on October 09, 2026.
Routine
Neutral
2026-10-09 09:16
- The Federal Bank Limited has allotted equity shares pursuant to the exercise of stock options under its Employee Stock Option Schemes.
- 6,425 equity shares allotted under ESOS 2010 Scheme.
- 1,05,216 equity shares allotted under ESOS 2017 Scheme.
- 2,933 equity shares allotted under ESIS 2023 Scheme, all with a face value of ₹2/- each.
Business Update
Neutral
2026-10-08 15:25
Concall Schedule
Concall Date: October 16, 2026
Concall Time: 03:30 PM IST
Business Update
Positive
2026-10-07 21:07
- The Federal Bank Limited announced the launch of the Verto Resident Savings Account on October 7, 2026.
- The product caters to the domestic market as a resident savings account.
Governance
Neutral
2026-09-30 19:10
- Mr. Ramanand Mundkur retired as an Independent Director of The Federal Bank Limited.
- Retirement is effective from the close of business hours on September 30, 2026.
- Cessation is due to the completion of his 5-year tenure (October 01, 2021 to September 30, 2026).
Governance
Neutral
2026-09-28 22:57
- The Federal Bank Limited has announced the appointment of Mr. Virat Sunil Diwanji as Executive Director (Key Managerial Personnel) on the Board of the Bank.
- The appointment has received approval from the Reserve Bank of India (RBI) and is effective from October 12, 2026, for a period of three years, subject to shareholder approval.
Routine
Neutral
2026-09-27 18:49
- The Federal Bank Limited has allotted equity shares upon the exercise of stock options pursuant to its Employee Stock Option Schemes.
- Allotment of 4,375 equity shares under the ESOS 2010 Scheme.
- Allotment of 71,110 equity shares under the ESOS 2017 Scheme.
- Allotment of 3,040 equity shares under the ESIS 2023 Scheme, with each share having a face value of ₹2.
Business Update
Neutral
2026-09-25 18:17
- The Federal Bank Limited has clarified on the news item regarding a potential deal with Jana SFB.
- The bank stated that it evaluates various opportunities in the ordinary course of business.
- The bank confirmed there is no material event or information requiring disclosure under Regulation 30 at this stage.
- The bank stated it is not aware of any undisclosed information explaining trading movements and that the article has no material impact.
Business Update
Positive
2026-09-22 15:54
- India Ratings and Research (Ind-Ra) affirmed The Federal Bank Limited's debt instruments.
- Basel III Tier 2 debt (₹17,000 million) and Infrastructure bond (₹15,000 million) are rated 'IND AA+/Stable'.
- The rating reflects a strengthening franchise, stable asset quality, and adequate capital buffers.
Ownership
Neutral
2026-09-19 14:37
- Allotment of 63,253 equity shares (face value ₹2/- each) to option grantees.
- Issued upon exercise of stock options under ESOS 2010, ESOS 2017, and ESIS 2023 Schemes.
- Allotment date: September 19, 2026.
Business Update
Positive
2026-09-18 23:21
- Federal Bank has established a US$ 500 million Medium Term Note (MTN) Programme on September 18, 2026, as approved by its Board.
Business Update
Positive
2026-09-17 15:43
- Board of Directors approved the establishment of a Medium Term Note (MTN) Programme for an aggregate amount not exceeding USD 500 million (or equivalent).
- Approved the offer, issue, and allotment of secured/unsecured bonds under the MTN Programme.
Business Update
Neutral
2026-09-16 16:35
- Concall Schedule
- Concall Date: September 21, 2026 to September 30, 2026
Ownership
Neutral
2026-09-13 01:12
- Federal Bank allotted 140,904 equity shares (face value ₹2/- each) on September 12, 2026.
- These shares were allotted upon exercise of stock options under ESOS 2010, ESOS 2017, and ESIS 2023 schemes.
Business Update
Positive
2026-09-08 19:00
- Investor Presentation reflecting Q1 FY27 results (quarter ended 30 June 2026).
- Bank maintains strong capitalization with CRAR at 16.97% and Tier-1 Capital Ratio at 15.89% for Q1 FY27.
- Advance-to-Deposit Ratio stood at 82.3%, and cost of deposits declined to 5.21% (down 57bps YoY) in Q1 FY27.
- Subsidiary Fedbank Financial Services reported Q1FY27 AUM of ₹21,136 Cr (▲34.7% YoY).
- Blackstone affiliate committed to invest up to 9.99% through warrants.
Ownership
Neutral
2026-09-08 11:01
- Federal Bank allotted a total of 3,26,256 equity shares (face value Rs. 2/- each).
- The allotment was made to employees who exercised stock options under ESOS 2010, 2017, 2023, and ESIS 2023 Schemes.
- The allotment date was September 08, 2026.
Ownership
Neutral
2026-08-30 22:44
- Federal Bank allotted a total of 143,887 equity shares (face value ₹2 each) on August 30, 2026.
- These shares were allotted to employees upon exercise of stock options under ESOS 2010, ESOS 2017, and ESIS 2023 schemes.
Routine
Neutral
2026-08-27 17:38
New Filing detected. See link for details.
Business Update
Neutral
2026-08-25 13:11
- Federal Bank issued a clarification regarding a news item titled “Federal Bank, Jana SFB deal likely in advanced stages” that appeared on August 25, 2026.
- The bank stated that it evaluates various opportunities for growth and business expansion in the ordinary course.
- It clarified that there is no material event or information that requires disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015.
Business Update
Neutral
2026-08-24 17:23
- Concall Schedule
- Concall Date: August 27, 2026
- Meeting Type: Virtual meeting with a group of analysts/investors.
Ownership
Neutral
2026-08-22 23:24
- Federal Bank allotted 114,031 equity shares of face value Rs. 2/- each to Option Grantees. Allotments were made under ESOS 2010, ESOS 2017, and ESIS 2023 Schemes on August 22, 2026.
Routine
Neutral
2026-08-21 19:02
New Filing detected. See link for details.
Routine
Neutral
2026-08-21 18:49
New Filing detected. See link for details.
Business Update
Neutral
2026-08-20 18:39
- Investor Meet Held
- Date: August 20, 2026
- Analyst/Investor: HSBC Securities
- Type of Meeting: One on One (Virtual)
- No presentations were made during the meeting.
Business Update
Neutral
2026-08-19 18:52
- Federal Bank announced the cancellation of investor meetings/calls that were scheduled for August 19, 2026.
Routine
Neutral
2026-08-16 13:43
New Filing detected. See link for details.
Routine
Neutral
2026-08-14 18:21
New Filing detected. See link for details.
Ownership
Neutral
2026-08-11 16:35
- Allotment of 1,502,976 equity shares with face value of Rs. 2/- each on August 11, 2026.
- Shares were allotted to option grantees upon exercise of stock options under various ESOS/ESIS schemes.
Business Update
Neutral
2026-08-10 15:27
- Analyst/Institutional Investor Meeting Scheduled
- Date: August 19, 2026
- Location: Mumbai
Business Update
Neutral
2026-08-10 15:13
- Concall Schedule
- Concall Date: August 14, 2026
Business Update
Neutral
2026-08-06 21:57
- Federal Bank held one-on-one physical meetings with analysts/investors including Blackstone, Canara Robeco MF, HDFC MF, HDFC Life, and SBI Life on August 06, 2026, in Mumbai.
- No presentations were made during the meetings.
Business Update
Neutral
2026-08-05 22:37
- Intimation of Analyst/Investor Meet held on August 05, 2026, in Mumbai.
- Attendees included Bandhan MF, Franklin Templeton, Sundaram MF, Mahindra Manulife MF, Axis Max Life Insurance, and WhiteOak Mutual Fund.
- No presentation was made during the meeting.
Business Update
Neutral
2026-08-05 22:20
- Analyst/Investor meets held on August 05, 2026.
- Meetings were One-on-One, physical meetings in Mumbai.
- Participants included Axis MF, Birla MF, Nippon MF, ICICI Pru Life, and Invesco MF.
- No presentations were made during the meetings.
Business Update
Neutral
2026-08-04 18:12
- Federal Bank held one-on-one physical meetings with analysts/investors (Edelweiss MF, Mirae MF, Kotak MF, HSBC MF, SBI MF) in Mumbai on August 04, 2026.
- No presentations were made during these meetings.
Ownership
Neutral
2026-08-03 11:16
- Allotment of 719,066 equity shares with a face value of ₹2/- each to Option Grantees on August 03, 2026, under ESOS 2010, ESOS 2017, and ESIS 2023 schemes.
Business Update
Neutral
2026-07-31 17:04
- Concall Schedule
- Concall Date: August 05, 2026
Routine
Neutral
2026-07-30 22:16
New Filing detected. See link for details.
Routine
Neutral
2026-07-30 21:05
New Filing detected. See link for details.
Business Update
Neutral
2026-07-30 16:55
- Federal Bank held a one-on-one physical meeting with IKIGAI Asset Manager on July 30, 2026.
- No presentations were made during the meeting.
Business Update
Neutral
2026-07-28 18:57
- Federal Bank held a virtual one-on-one analyst/investor meeting with RBC Global Asset Management on July 28, 2026.
- No presentations were made during the meeting.
Ownership
Neutral
2026-07-25 20:30
- Allotment of 3,21,716 equity shares (face value ₹2/-) under ESOS 2010, ESOS 2017, and ESIS 2023 Schemes upon exercise of stock options on July 25, 2026.
Business Update
Neutral
2026-07-22 18:09
- Federal Bank announced the availability of the earnings call transcript for the consolidated and standalone unaudited financial results for the quarter ended June 30, 2026 (Q1FY27).
Ownership
Positive
2026-07-18 22:05
- Allotment of 1,750 equity shares under ESOS 2010.
- Allotment of 187,914 equity shares under ESOS 2017.
- Allotment of 2,750 equity shares under ESOS 2023.
- Allotment of 6,985 equity shares under ESIS 2023.
- All shares have a face value of ₹2/- each and were allotted on July 18, 2026, upon exercise of stock options.
Business Update
Neutral
2026-07-17 20:41
- The audio recording of Federal Bank's earnings call with analysts and investors, held on July 17, 2026, for the quarter ended June 30, 2026, has been made available on the bank's website.
Financials
Positive
2026-07-17 16:35
- Federal Bank has fixed August 14, 2026, as the Record Date.
- This is for determining eligibility for the Final Dividend for the financial year ended March 31, 2026, if declared.
Business Update
Positive
2026-07-17 16:27
- Board approved raising funds up to ₹10,000 Crores via debt instruments (AT1, Tier II, Masala, Green Bonds, NCDs etc.) on a private placement basis.
- Funds to be raised in Indian or foreign currency, subject to shareholder and regulatory approvals.
Governance
Negative
2026-07-17 16:07
CRITICAL RED FLAG DETECTED
- Board recommended re-appointment of Mr. Sankarshan Basu as Independent Director for 3 years, effective October 1, 2026.
- Approved raising funds up to ₹10,000 Crores via debt instruments.
- 95th AGM scheduled for August 21, 2026. Record date for final dividend is August 14, 2026.
- Independent Director, Mr. Ramanand Mundkur, will not seek re-appointment upon completion of his term on September 30, 2026.
Financials
Positive
2026-07-17 13:59
- Net Interest Income ₹2,945.89 Cr vs ₹2,337.05 Cr (▲26.06% YoY)
- EBITDA: Not explicitly available or calculable for a bank from the provided data as per the specified formula.
- PAT ₹1,176.93 Cr vs ₹861.80 Cr (▲36.57% YoY)
- Net Interest Margin 3.33% vs 2.94% (▲39bps YoY)
Routine
Neutral
2026-07-17 13:31
New Filing detected. See link for details.
Ownership
Neutral
2026-07-11 17:02
- Federal Bank allotted a total of 411,242 equity shares (face value ₹2/- each) on July 11, 2026.
- The allotment was made pursuant to the exercise of stock options under various Employee Stock Option/Incentive Schemes.
Routine
Neutral
2026-07-09 22:24
New Filing detected. See link for details.
Routine
Neutral
2026-07-09 19:30
New Filing detected. See link for details.
Business Update
Positive
2026-07-09 19:07
- S&P Global Ratings assigned Federal Bank its first-ever international issuer credit rating.
- Long-Term Issuer Credit Rating: 'BBB-'
- Short-Term Issuer Credit Rating: 'A-3'
- Rating Outlook: Stable
- This investment-grade rating opens access to international capital markets and global institutional investors, marking a historic milestone.
Ownership
Neutral
2026-07-05 22:49
- Allotment of 474,994 equity shares to Option Grantees upon exercise of stock options under ESOS and ESIS schemes.
- Allotment date: July 05, 2026.
Ownership
Neutral
2026-06-30 12:20
- Allotment of 240,794 Equity Shares with a face value of Rs. 2/- each on June 30, 2026.
- Shares were allotted upon exercise of stock options under ESOS 2010, ESOS 2017, ESOS 2023, and ESIS 2023 Schemes.
Financials
Neutral
2026-06-26 16:13
- Trading window for dealing in Federal Bank securities will be closed for designated persons from July 01, 2026, until 48 hours after the declaration of Q1 FY27 financial results (Quarter ended June 30, 2026).
Ownership
Positive
2026-06-24 12:15
- Federal Bank allotted a total of 4,50,675 equity shares with a face value of ₹2/- each.
- The shares were allotted to employees upon the exercise of stock options under ESOS 2010, ESOS 2017, and ESOS 2023 schemes on June 24, 2026.
Ownership
Neutral
2026-06-16 20:24
- Allotment of 4,04,565 Equity Shares (face value ₹2/- each) to employees under ESOS 2010 and ESOS 2017 schemes.
- Allotment made on June 16, 2026, upon exercise of stock options.
Business Update
Neutral
2026-06-15 17:06
- Federal Bank conducted an Analyst/Investor Meet on June 15, 2026.
- The meeting was a One-on-One virtual interaction with Bajaj Finserv AMC.
- No presentations were made during the meeting.
Business Update
Neutral
2026-06-12 17:18
- Federal Bank informed about Analyst/Investor meets held on June 12, 2026.
- One-on-One virtual meetings were conducted with DAM Capital, Millennium Partners, and JP Morgan.
- No presentations were made during these meetings.
Business Update
Positive
2026-06-11 21:27
- Federal Bank has launched a new product: FCNR Max Deposit Scheme.
- This is a new variant of the FCNR (B) deposit.
- Launched on June 11, 2026, and caters to NRI customers.
Business Update
Neutral
2026-06-11 19:32
- Federal Bank held one-on-one analyst/investor meetings on June 11, 2026.- Participants included Goldman Sachs Asset Management, Morgan Stanley, and Renaissance Investment Managers.- The meetings were physical in Mumbai, with no presentations made.
Business Update
Neutral
2026-06-11 19:29
- Analyst/Investor Meet held on June 11, 2026, with RIMCO Investments.
- The meeting was a One-on-One virtual session.
- No presentations were made during the meeting.
Business Update
Neutral
2026-06-10 21:48
- Federal Bank held analyst/investor meetings with VT Capital and Edelweiss MF on June 10, 2026.
- The meetings were virtual 'One on One' type.
- No presentations were made during these meetings.
Business Update
Neutral
2026-06-10 21:45
- Federal Bank held a one-on-one physical meeting with Motilal Oswal in Mumbai on June 10, 2026.
- No presentations were made during the meeting.
Routine
Neutral
2026-06-09 19:21
New Filing detected. See link for details.
Routine
Neutral
2026-06-09 18:39
New Filing detected. See link for details.
Business Update
Neutral
2026-06-04 22:59
- Federal Bank held one-on-one physical investor meetings with Citadel International Equities, Motilal Oswal, Dymon Asia Capital, Schonfeld Strategic Adv, and Balyasny Asset Management on June 04, 2026, at the Citi India Conference in Mumbai.
- No presentations were made during the meetings.
Business Update
Neutral
2026-06-04 22:56
- Federal Bank informed about a physical Analyst/Investor Group Meeting held on June 04, 2026, at the Citi India Conference 2026 in Mumbai. attendees included various asset management companies and mutual funds. No presentations were made during the meeting.
Governance
Neutral
2026-06-04 19:40
- The Federal Bank announced the results of its Postal Ballot conducted via e-voting on June 04, 2026.
- Shareholders approved the re-appointment of Mr. Harsh Dugar as Executive Director.
- Payment of variable pay to former MD & CEO Mr. Shyam Srinivasan and former Executive Director Ms. Shalini Warrier for FY 2024-25 was also approved.
Business Update
Neutral
2026-06-03 17:43
- Federal Bank held one-on-one physical meetings with Panview Capital, Catalyst Funds, Nothrock Capital, and SBI Pension Funds on June 03, 2026.
- The meetings took place at the BofA India Conference 2026 in Mumbai.
- No presentations were made during these investor meetings.
Business Update
Neutral
2026-06-03 17:42
- Federal Bank held a group physical meeting with 5 analyst/investor firms on June 03, 2026, at the BofA India Conference in Mumbai. No presentations were made during the meeting.
Ownership
Neutral
2026-05-31 21:34
Federal Bank has allotted a total of 3,54,171 equity shares (1,500 shares under ESOS 2010 and 3,52,671 shares under ESOS 2017) with a face value of ₹2/- each, to option grantees upon the exercise of employee stock options. The allotments were made on May 31, 2026, after payment from the allottees.
Business Update
Neutral
2026-05-30 17:01
Federal Bank informed about one-on-one physical meetings held on May 29, 2026, in San Francisco with several analysts and investors, including Dodge & Cox, Matthews International Capital Management, LLC, Seafarer Capital Partners, LLC, and East Bridge Capital. No presentations were made during these meetings.
Business Update
Neutral
2026-05-29 15:41
Federal Bank held one-on-one physical meetings with Dalton Investments LLC, Kayne Anderson Rudnick, and WCM Investment Management on May 28, 2026, as part of its analyst/investor engagement. No presentations were made during these meetings.
Business Update
Neutral
2026-05-28 11:01
Federal Bank conducted one-on-one physical meetings with analysts/investors William Blair & Co, Castleark Management, and Kabouter Management LLC on May 27, 2026, in Chicago. No presentations were made during these interactions.
Business Update
Neutral
2026-05-27 18:52
Federal Bank Limited held a one-on-one physical meeting with Matthews International Capital Management on May 27, 2026, in Chennai. No presentations were made during this investor interaction.
Business Update
Neutral
2026-05-27 18:50
Federal Bank informed about a one-on-one virtual analyst/investor meet held on May 27, 2026, with Ellerston Capital. The company stated that no presentations were made during the meeting.
Business Update
Neutral
2026-05-27 16:47
Federal Bank informed about one-on-one physical meetings held in New York on May 26, 2026, with eight analyst/investor firms including Lord Abbett & Co. LLC, Kora Management, and Lazard Asset Management. No presentations were made during these meetings.
Business Update
Neutral
2026-05-26 17:05
Federal Bank Limited held a One on One Virtual Analyst/Investor Meet with 360 One on May 26, 2026. No presentations were made during the meeting.
Business Update
Neutral
2026-05-25 12:23
The Federal Bank Limited announced a scheduled analyst/investor group meeting with Citi India Conference 2026 on June 4, 2026, in Mumbai. No presentations will be made during the meeting.
Business Update
Neutral
2026-05-25 12:18
The Federal Bank Limited informed about a scheduled Analyst/Investor Group Meet with BofA India Conference 2026 on June 03, 2026. The meeting will be a physical gathering in Mumbai, and no presentations will be made.
Ownership
Neutral
2026-05-24 09:35
Federal Bank Limited allotted a total of 2,63,845 equity shares of face value Rs. 2/- each to employees on May 24, 2026, following the exercise of stock options under its ESOS 2010 and ESOS 2017 schemes.
Governance
Positive
2026-05-23 12:24
Federal Bank announced that the Reserve Bank of India has approved the appointment of Mr. Elias George (DIN:00204510) as the Part-Time Chairman of the Bank for a period of three years, effective May 23, 2026. Mr. George, an existing Independent Director, took charge on the same date.
Business Update
Neutral
2026-05-18 16:56
Federal Bank held a one-on-one virtual analyst/investor meeting with Jefferies India on May 18, 2026, as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No presentations were made during the meeting.
Ownership
Neutral
2026-05-18 10:26
Federal Bank has allotted a total of 2,15,417 equity shares (3,250 under ESOS 2010 Scheme and 2,12,167 under ESOS 2017 Scheme), each with a face value of Rs. 2/-, to option grantees who exercised their stock options on May 17, 2026, after making payment.
Governance
Neutral
2026-05-16 16:09
Federal Bank issued a corrigendum on May 16, 2026, to an earlier intimation regarding the appointment of Joint Statutory Auditors. The filing corrects a typographical error in the firm registration number of M/s. Price Waterhouse LLP from 30112E/E300264 to the correct 301112E/E300264. All other information in the original intimation dated May 15, 2026, remains unchanged.
Governance
Neutral
2026-05-15 18:18
Federal Bank has informed about the RBI approval for the appointment of M/s. Price Waterhouse LLP and M/s. K S Aiyar & Co as Joint Statutory Auditors for the financial year 2026-27. This appointment, subject to shareholder approval at the upcoming AGM, is a routine change due to the completion of the term of the existing Joint Statutory Auditors, M/s. Suri & Co and M/s MSKA & Associates.
Business Update
Neutral
2026-05-14 11:26
Federal Bank informed about one-on-one physical meetings with various analysts and investors, including Hara Global, USS, First state, Newton, NinetyOne, Marshall Wace, Amundi, and NorthRock, held on May 13, 2026, in London. No presentations were made during these meetings.
Business Update
Neutral
2026-05-13 14:55
Federal Bank informed about one-on-one physical meetings held with seven analysts/investors, including Manulife, Hudson Bay, Wellington, and JP Morgan, in London on May 12, 2026. No presentations were made during these meetings.
Business Update
Neutral
2026-05-12 19:48
Federal Bank informed about a one-on-one analyst/investor meeting with Axis Mutual Fund held on May 12, 2026, at VIOS Tower, Mumbai. No presentations were made during the meeting.
Business Update
Neutral
2026-05-12 12:44
Federal Bank announced that it held one-on-one physical meetings with analysts/investors Gemway, EDRAM, and Stabiho in Paris on May 11, 2026, as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No presentations were made during these engagements.
Ownership
Neutral
2026-05-10 13:01
Federal Bank has allotted a total of 2,29,887 equity shares with a face value of Rs. 2/- each to option grantees on May 09, 2026. This includes 6,165 shares under the ESOS 2010 Scheme and 2,23,722 shares under the ESOS 2017 Scheme, following the exercise of stock options.
Ownership
Positive
2026-05-07 13:14
Federal Bank announced that it has received RBI approval on May 06, 2026, for Kotak Mahindra Bank Limited to acquire an 'aggregate holding' of up to 9.99% of its paid-up share capital or voting rights. The acquisition is subject to specified conditions and compliance with relevant banking regulations.
Business Update
Positive
2026-05-05 20:38
Management expressed confidence in continued acceleration of traction across chosen segments, expecting overall advances growth to further improve from the current 13% YoY. They aim for early double-digit growth in the corporate book and plan to open around 100 new branches in the next year to support liability strategy and improve CASA. The bank anticipates further NIM expansion, targeting a return to pre-rate cut cycle levels, driven by multiple levers beyond just deposit repricing. Credit cost guidance is maintained at 50-60 basis points, with a review possible after macroeconomic uncertainties resolve, and asset quality is expected to remain robust. The objective is to continue the trajectory of expanding ROA/ROE, having achieved 1.24% ROA (without one-offs) in FY26, while keeping the cost-to-income ratio in the 53-56% range.
Routine
Neutral
2026-05-05 17:03
New Filing detected. See link for details.
Business Update
Positive
2026-05-04 13:03
Federal Bank Ltd. announced on May 04, 2026, the execution of a Deed of Assignment with Standard Chartered Bank, India. Through this agreement, Federal Bank will acquire a select portfolio of retail credit card receivables from SCB India. The Bank plans to issue replacement credit cards to the identified cardholders, expanding its credit card business.
Ownership
Neutral
2026-05-04 10:56
Federal Bank announced the allotment of a total of 396,119 equity shares (face value Rs. 2 each) on May 03, 2026. This allotment was made to option grantees upon the exercise of stock options under the ESOS 2010 Scheme (21,875 shares) and ESOS 2017 Scheme (374,244 shares), following approval from the Nomination, Remuneration, Ethics and Compensation Committee.
Business Update
Neutral
2026-04-30 13:41
The Federal Bank Limited informed about a virtual one-on-one analyst/investor meet held with IFC on April 30, 2026. No presentations were made during the meeting.
Business Update
Positive
2026-04-30 11:38
Federal Bank's Board of Directors, at their meeting on April 30, 2026, approved entering into a Deed of Assignment (DOA) with Standard Chartered Bank, India (SCB India) to acquire a select portfolio of retail credit cards. The Bank will provide an update on the execution of the DOA in due course.