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... Outcome of Investment and Capital Raising Committee Meeting
Federal Bank Ltd has informed BSE that the Investment and Capital Raising Committee of the Board of the Bank, at its meeting held on October 19, 2013 has decided to allot 855311785 shares of Rs. 2/- each in place of shares of Rs. 10/- each. Q2 results on Oct 19, 2013
Federal Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank will be held on October 19, 2013, inter-alia, to consider and take on record the Banks un-audited financial results for the period ended September 30, 2013 (Q2). 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 Shri Shyam Srinivasan as the MD & CEO of the Bank, for another three years, till September 22, 2016. Fixes Record Date for Stock Split
Federal Bank Ltd has informed BSE that The Investment and Raising Capital Committee of the Bank has fixed a record date of October 18, 2013 for purpose of sub-division/ stock split of Rs. 10/- per share of the Bank into shares of Rs. 2/- each. Outcome of AGM
Federal Bank Ltd has informed BSE that the Annual General Meeting (AGM) of the Bank was held on July 20, 2013. Outcome of Board Meeting
Federal Bank Ltd has submitted to BSE a copy of the Board Resolution passed at Board Meeting dated September 12, 2013 regarding "ESOS 2010 - Review of the Scheme and Grant for the Year 2013".