Federal Bank net profit tanks 96 pct to Rs 10 cr in Q4
Private sector lender Federal Bank today reported a 96 per cent decline in net profit to Rs 10.26 crore for the fourth quarter ended March 31, due to higher provisioning.30-04-2016
Federal Bank net profit tanks 96 pct to Rs 10 cr in Q4
Private sector lender Federal Bank today reported a 96 per cent decline in net profit to Rs 10.26 crore for the fourth quarter ended March 31, due to higher provisioning.Board recommends Dividend
Federal Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on April 30, 2016, inter alia, have recommended a dividend of 35% i.e. Rs. 0.70/- per Equity Share on face value of Rs. 2/- each for the year 2015-16 (previous year 110% i.e Rs. 2.20 per Equity Share) subject to the approval of the members at the ensuing Annual General Meeting.Announces Q4 & FY16 Results (Standalone & Consolidated), Form A (Standalone & Consolidated) & Auditors Report (Standalone & Consolidated) for the period ended March 31, 2016
Federal Bank Ltd has announced the following results for the quarter & year ended March 31, 2016:The Audited Standalone results for the Quarter ended March 31, 2016The Company has posted a net profit of Rs. 102.60 million for the quarter ended March 31, 2016 as compared to Rs. 2805.30 million for the quarter ended March 31, 2015. Total Income has increased from Rs. 22142.80 million for the quarter ended March 31, 2015 to Rs. 22533.80 million for the quarter ended March 31, 2016....Presentation
Federal Bank Ltd has informed BSE regarding "Presentation to Investors/Analyst on the Financial Results for the period ended March 31, 2016".Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended March 31, 2016
Federal Bank Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended March 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.FY16 results on April 30, 2016
Federal Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank will be held on April 30, 2016, inter alia, to consider and take on record the Bank's audited financial results for the period ended March 31, 2016 and to recommend dividend, if any.Allotment of Equity Shares under ESOS - 2010
Federal Bank Ltd has informed BSE that the Nomination, Remuneration, Ethics and Compensation Committee of the Board has allotted 1,28,500 (One Lakh twenty eight thousand and five hundred) Equity shares with face value of Rs. 2/- each of the Bank to Mr. Shyam Srinivasan, MD & CEO upon exercise of stock options and payment of money, which is already granted to him under the Banks Employee Stock Option Scheme, 2010.Shareholding for the Period Ended March 31, 2016
Federal Bank Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2016. For more details, kindly Click hereFederal Bank Launches Campus Wallet for Students
Federal Bank ties up with M/s Chillar Payment Solutions Pvt Ltd, a technology driven start-up company to promote the start-up's technology product Campus Wallet.Implementation of Marginal Cost of funds based Lending Rates of the Bank effective from April 01, 2016
Federal Bank Ltd has informed BSE that as per the Reserve Bank of India guidelines, Bank has decided to implement pricing of all rupee loans and advances linked to Marginal Cost of Funds Based Lending Rates from April 01, 2016.