All India Bank Strike by United Forum of Bank Unions on 10th and 11th February 2014
Federal Bank Ltd has informed BSE that the following:"In view of the nationwide strike on 10th and 11th February 2014 called by various Trade Unions, raising various demands, where the Staff Union and Officer's Association of the Bank under the banner of UFBU are also participating, regular functioning of the branches of the Bank is likely to be affected on those days". Announces Q3 results & Limited Review Report for the Quarter ended December 31, 2013
Federal Bank Ltd has announced the following results for the quarter ended December 31, 2013:The Bank has posted a net profit of Rs. 2301.30 million for the quarter ended December 31, 2013 as compared to Rs. 2107.80 million for the quarter ended December 31, 2012. Total Income has increased from Rs. 17256.20 million for the quarter ended December 31, 2012 to Rs. 18959.20 million for the quarter ended December 31, 2013. Q3 results on Jan 17, 2014
Federal Bank Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 17, 2014, inter-alia, to consider and take on record the Bank's un-audited financial results for the period ended December 31, 2013 (Q3). Updates on Appointment of Part Time Chairman
With reference to the earlier announcement dated December 03, 2013 wherein the Company had informed that, "RBI has given its approval on December 02, 2013, to appoint Prof. Abraham Koshy as Part Time Chairman of the Bank for a period of two years or till the date of his retirement whichever is earlier, Federal Bank Ltd has now informed BSE that the said announcement should be read as follows:... Appointment of Part Time Chairman
Federal Bank Ltd has informed BSE that RBI has given its approval on December 02, 2013, to appoint Prof. Abraham Koshy as Part Time Chairman of the Bank for a period of two years or till the date of his retirement whichever is earlier. Change in Directorate
Federal Bank Ltd has informed BSE that Smt. Grace Elizabeth Koshie, has joined the Board of Bank as on November 22, 2013, in accordance with the Articles of Association of the Bank and Section 10A of the Banking Regulation Act, 1949. Updates on Change in Directorate
With reference to the earlier announcement regarding the cessation of Directorship of Shri. Suresh Kumar, Federal Bank Ltd has clarified to BSE that Shri. Suresh Kumar retired from the Board of the Bank, upon completion of his 8 year term, as per the Banking Regulation Act 1949, and thereby ceased his Directorship on the Board of the Bank. Change in Directorate
Federal Bank Ltd has informed BSE that Shri. Sureshkumar, Director and Part Time Chairman has ceased to be a Director and Part Time Chairman of the Bank, w.e.f. November 15, 2013, in accordance with the Section 10A of the Banking Regulation Act, 1949. Change in Directorate
Federal Bank Ltd has informed BSE that Shri Harish H. Engineer has joined the Board of Bank as on October 19, 2013 having been co-opted by the Board of the bank as an Additional Independent Director, as per Article 63A of Articles of Association of the Bank and Section 10A of the Banking Regulation Act, 1949. Announces Q2 results & Limited Review Report for the Quarter ended September 30, 2013
Federal Bank Ltd has announced the following results for the quarter ended September 30, 2013:The Unaudited results for the Quarter ended September 30, 2013The Bank has posted a net profit of Rs. 2258.10 million for the quarter ended September 30, 2013 as compared to Rs. 2151.00 million for the quarter ended September 30, 2012. Total Income has increased from Rs. 16650.40 million for the quarter ended September 30, 2012 to Rs. 18578.40...