Payment of Interest
Federal Bank Ltd has informed BSE regarding "Payment of Interest".17-06-2016
Board Meeting on June 21, 2016
Federal Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank is scheduled on June 21, 2016, to consider, inter alia, and approve (i) issue of Debt Securities (Unsecured Redeemable Non-Convertible Long Term Bonds in the nature of Debentures of face value of Rs. 10,00,000 each) on private placement basis, within the overall borrowing limits , in one or more tranche(s) and (ii) seeking Special Resolution from the Shareholders...16-06-2016
Federal Bank to up the ante in digital banking
We allow every payment option on the mobile, says MD10-06-2016
Buy Federal Bank, target Rs 56.50: Mitesh Thacker
Buy Federal Bank with a target of Rs 56.50 and a stop loss of Rs 52.4007-06-2016
What turns Tata Payment bullish on white label ATMs?
MUMBAI: Tata Payment Solutions (TCPL), a wholly owned subsidiary of Tata Communications, has signed up DBS Bank, Federal Bank and Sholapur Janta Sahakari Bank for its Indicash White Label ATM solutions. "We are looking to leverage scale of our network for offering pioneering models for banks and third party advertisers," said Sanjeev Patel, CEO of TCPSL. "We are getting an encouraging response from the banks with close to 10% of the Indicash While Label ATM (WLA) portfolio already being leveraged by banks under this mode." "This will be a big growth driver for us in the next 2-3 years with many banks looking at WLA as a viable model to increase their reach economically through operational expenses rather than a capital expenditure," he said. White Label ATMs does not have a label of any bank. Here, there are three inherent parties: the non-bank corporate entity like Tata Payment, authorized ATM network operators/card payment network operators like RuPay, Visa or MasterCard and a sponsor bank for cash management, funds settlement as well as customer grievance redressal. TCPL said it is also in advanced stage of talks with other four-five banks, but it didn't disclose further details. TCPL's Indicash WLA Network has crossed the 8000 ATMs Milestone, with more than 50% year-on-year growth, the company said. It now aims to cross 10,000 WLA deployment by the end of current fiscal. According to Patel, Tata Payment has been spearheading ATM accessibility in the country empowering over 30 million Indians across 20 states; 4600 towns and villages with neighborhood ATM...06-06-2016
Sell Federal Bank with a target of Rs 49: Mitesh Thacker
Sell Federal Bank with a target of Rs 49 and a stop loss of Rs 5202-06-2016
Federal Bank introduces bill payments through its mobile app
The improved version of FedMobile brings forth a push notification feature' wherein the customers will be receiving information from the bank on new products and offers.26-05-2016
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 1,36,355 (One lakh thirty six thousand three hundred and fifty five 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.18-05-2016
Buy Federal Bank with a target at Rs 55: Manas Jaiswal
Federal Bank is a low beta stock (0.44) and is trading well above its 50-day, 100-day moving averages at Rs 47.37, Rs 48.59, but below its 200-day moving average placed at Rs 54.99 respectively13-05-2016
Not expecting depreciation of rupee happening in near future: Ashutosh Khajuria, ED and CFO, Federal Bank Ltd
In an interview with ET Now, Ashutosh Khajuria, ED and CFO, Federal Bank Ltd, gives his perspective of all thats macro.12-05-2016