Buy Federal Bank Ltd., target Rs 73.0 : Siddarth Bhamre
Buy Federal Bank Ltd. at a price target of Rs 73.0 and a stop loss at Rs 64.0 from entry point22-08-2016
22-08-2016
GIFT City banks get off to a roaring start mopping up $650 mn
Primarily, this has been mopped up by Yes Bank and Federal Bank , GIFT City chief executive said.21-08-2016
Allotment of Shares under ESOS 2010
Federal Bank Ltd has informed BSE that as authorized by the Nomination, Remuneration, Ethics and Compensation Committee, allotment of 2,11,950 (Two lakh eleven thousand nine hundred and fifty only) Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees has been made upon exercise of stock options under ESOS 2010 Scheme for which allottees have paid money.20-08-2016
Federal Bank starts new referral option in its mobile banking app
MUMBAI: Kerala based private sector lender Federal Bank has announced a reward program for their customers who refer FedMobile, the bank's banking transaction app, to friends or relatives. The app link can be shared with the friends just by clicking ''Refer A Friend" option in the home page of the FedMobile app. A customer who refers the app to a friend is not incurring any cost as the message can be transmitted using Whatsapp, mail, Facebook etc. When the referred friend does first transaction using the app, the customer who referred will receive Rs 50. A customer can refer any number of customers and earn up to Rs.250. Federal Bank's FedMobile gives convenient banking facilities to the customers. Funds Transfer, touch recharge, 270 plus bill payments like electricity bills, telecom, gas, insurance, mutual funds, donations etc. can be done using the app. Customers can also schedule their future payments in advance. "The exponential growth and usage of mobile phones have overpowered the shine and charm of all other devices. Keeping this in mind we go by the theme, Federal on Every Mobile and we are improving our Mobile banking services continuously," said Babu K A, Head - Digital Banking19-08-2016
Federal Bank, Chillr join hands for cashless transactions
Federal Bank today announced its partnership with Chillr, a mobile banking application, to provide cashless transactions.Chillr, India's first and only multi-bank mobile application, allows users to ...18-08-2016
Federal Bank to start distribution of Indian gold coins
"Through this tie-up with MMTC, the bank becomes the first among the private sector banks to offer this product to its customers," said Jose K. Mathew.17-08-2016
Buy Federal Bank Ltd., target Rs 71.0 : Rakesh Bansal
Buy Federal Bank Ltd. at a price target of Rs 71.0 and a stop loss at Rs 62.0 from entry point17-08-2016
Outcome of AGM
Federal Bank Ltd has informed BSE that the 85th Annual General Meeting (AGM) of the Company was held on August 11, 2016.13-08-2016
Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Federal Bank Ltd has informed BSE regarding the details of Voting results at the 85th Annual General Meeting (AGM) of the Company held on August 11, 2016, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 along with Scrutinizer's Report.13-08-2016
Re-appointment of MD & CEO
Federal Bank Ltd has informed BSE that approval has been received from Reserve Bank of India for the reappointment of Mr. Shyam Srinivasan as the MD & CEO of the Bank, for another three years, w.e.f September 23, 2016 (the completion of the present term of office) till September 22, 2019 on existing terms and conditions.01-08-2016