Federal Bank Share Price

The revenue for the September 2022 quarter is pegged at Rs. 40207.80 millions, about 18.98% up against Rs. 33792.50 millions recorded during the year-ago period.The Profit  for the quarter ended September 2022 of  Rs. 7037.10  millions  grew by 52.89% from Rs. 4602.60 millions.

The sales moved up 28.78% to Rs. 44332.50 millions for the December 2022 quarter as compared to Rs. 34425.60 millions during the year-ago period.The Profit  for the quarter ended December 2022 of  Rs. 8036.10  millions  grew by 54.03% from Rs. 5217.30 millions.

The sales moved up 28.78% to Rs. 44332.50 millions for the December 2022 quarter as compared to Rs. 34425.60 millions during the year-ago period.The Profit  for the quarter ended December 2022 of  Rs. 8036.10  millions  grew by 54.03% from Rs. 5217.30 millions.

The sales moved up 28.78% to Rs. 44332.50 millions for the December 2022 quarter as compared to Rs. 34425.60 millions during the year-ago period.The Profit  for the quarter ended December 2022 of  Rs. 8036.10  millions  grew by 54.03% from Rs. 5217.30 millions.

The CASA was up 14.6% to Rs 67540 crore as of June 30, 2022 against Rs 58959 crore YoY

Federal Bank is currently trading at Rs. 93.80, up by 0.20 points or 0.21% from its previous closing of Rs. 93.60 on the BSE.

The scrip opened at Rs. 94.80 and has touched a high and low of Rs. 94.80 and Rs. 93.20 respectively. So far 78392 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 107.65 on 25-Oct-2021 and a 52 week low of Rs. 77.50 on 27-Aug-2021.

Last one week high and low of the scrip stood at Rs. 94.80 and Rs. 89.30 respectively. The current market cap of the company is Rs. 19751.95 crore.

The Institutions holding in the company stood at 69.26%, while Non-Institutions held 30.74%.

Federal Bank’s total deposits grew 8.2% to Rs 183355 crore (Provisional) as of June 30, 2022 (Q1FY23), as compared to Rs 169393 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 181701 crore as of March 2022. Gross Advance stood at Rs 154405 crore as of June 30, 2022, posting a 16.3% rise in year-on-year (YoY) terms against Rs 132787 crore as of June 30, 2021 and in quarter-on-quarter (QoQ) basis stood at Rs 147639 crore in March 2022.

The CASA was up 14.6% to Rs 67540 crore as of June 30, 2022 against Rs 58959 crore YoY. CASA ratio reached 36.84% (Q1FY23) from 34.81% (Q4FY22).

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.

The Federal Bank has informed that it enclosed the copy of letter dated September 13,2022 received from its RTA - Integrated Registry Management Services providing information regarding loss of share certificate. The Stakeholders Relationship Committee of the Board will consider the request for issue of ‘Letter of Confirmation’ subject to receipt of required documents from the shareholder. This information is being submitted pursuant to the provisions of Regulation 39(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The above information is a part of company’s filings submitted to BSE.

In terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Regulations’) read with Part A of Schedule Ill to the Regulations, The Federal Bank has informed that it enclosed particulars of Analyst/Investor meet held on September 14,2022. Schedule of Analysts/Institutional Investors Meet(s) at Morgan Stanley India Financials Investor Group Trip is also enclosed.

The above information is a part of company’s filings submitted to BSE.

The Bank has launched pilot projects to make it easier for farmers to get a Kisan Credit Card

Federal Bank is currently trading at Rs. 124.05, up by 1.55 points or 1.27% from its previous closing of Rs. 122.50 on the BSE.

The scrip opened at Rs. 123.90 and has touched a high and low of Rs. 124.60 and Rs. 123.40 respectively. So far 175916 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 129.70 on 05-Sep-2022 and a 52 week low of Rs. 78.20 on 21-Sep-2021.

Last one week high and low of the scrip stood at Rs. 124.60 and Rs. 116.40 respectively. The current market cap of the company is Rs. 26188.29 crore.

The Institutions holding in the company stood at 68.32%, while Non-Institutions held 31.68%.

Federal Bank has launched pilot projects to make it easier for farmers to get a Kisan Credit Card (KCC). Under the pilot projects, the bank will do away with the need for physical documents such as land records and in-person visit to a bank branch to get KCCs. The bank began the project from Chennai.

The projects is part of the RBI initiative for the digitalization of rural finance wherein bank is collaborating with Reserve Bank Innovation Hub (RBIH). This launch will accelerate the transition towards quicker access to credit from the organised banking system and is one more decisive step in the formalisation of economy. It will use digital capabilities such as eKYC and eSign, APIs (Application Programming Interfaces) developed by the TN-eGA and machine learning capabilities to offer KCC in a digital manner.

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.

In terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Regulations’) read with Part A of Schedule Ill to the Regulations, The Federal Bank has informed that it enclosed schedule of Analysts/Institutional Investors Meet(s).

The above information is a part of company’s filings submitted to BSE.

Total consolidated income of the bank increased by 20.34% at Rs 4886.58 crore for Q2FY23

Federal Bank is currently trading at Rs. 129.65, up by 4.85 points or 3.89% from its previous closing of Rs. 124.80 on the BSE.

The scrip opened at Rs. 127.30 and has touched a high and low of Rs. 132.10 and Rs. 125.10 respectively. So far 2096236 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 132.10 on 14-Oct-2022 and a 52 week low of Rs. 78.70 on 27-Dec-2021.

Last one week high and low of the scrip stood at Rs. 132.10 and Rs. 120.10 respectively. The current market cap of the company is Rs. 27776.56 crore.

The Institutions and Non-Institutions held 68.32% and 31.68%, stake in the Bank respectively.

Federal Bank has reported results for second quarter ended September 30, 2022.

The bank has reported a rise of 52.89% in its net profit at Rs 703.71 crore for the quarter under review as compared to Rs 460.26 crore for the same quarter in the previous year. Total income of the bank increased by 19.62% at Rs 4630.30 crore for Q2FY23 as compared Rs 3870.90 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported rise of 51.83% in its net profit at Rs 740.91 crore for the quarter under review as compared to Rs 487.99 crore for the same quarter in the previous year. Total income of the bank increased by 20.34% at Rs 4886.58 crore for Q2FY23 as compared Rs 4060.75 crore for the corresponding quarter previous year.

Federal Bank had reported 52% rise in Q2 consolidated net profit

The Federal Bank is currently trading at Rs. 131.55, up by 1.30 points or 1.00 % from its previous closing of Rs. 130.25 on the BSE.

The scrip opened at Rs. 131.75 and has touched a high and low of Rs. 132.65 and Rs. 129.20 respectively. So far 719064 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 132.65 on 17-Oct-2022 and a 52 week low of Rs. 78.70 on 27-Dec-2021.

Last one week high and low of the scrip stood at Rs. 132.10 and Rs. 120.10 respectively. The current market cap of the company is Rs. 27776.56 crore.

Institutions and Non-Institutions held 68.32 % and 31.68% stake, respectively, in the Bank.

Federal Bank has reported a rise of 52.89% in its net profit at Rs 703.71 crore for the second quarter ended September 30, 2022 as compared to Rs 460.26 crore for the same quarter in the previous year. Total income of the bank increased by 19.62% at Rs 4630.30 crore for Q2FY23 as compared Rs 3870.90 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported rise of 51.83% in its net profit at Rs 740.91 crore for the quarter under review as compared to Rs 487.99 crore for the same quarter in the previous year. Total income of the bank increased by 20.34% at Rs 4886.58 crore for Q2FY23 as compared Rs 4060.75 crore for the corresponding quarter previous year.

The Federal Bank has informed that it enclosed the copy of letter dated October 27,2022 received from its RTA - Integrated Registry Management Services providing information regarding loss of share certificate, as details enclosed. The Stakeholders Relationship Committee of the Board will consider the request for issue of ‘Letter of Confirmation’ subject to receipt of required documents from the shareholder. This information is being submitted pursuant to the provisions of Regulation 39(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The above information is a part of company’s filings submitted to BSE.

In terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Regulations’) read with Part A of Schedule Ill to the Regulations, The Federal Bank has informed about the particulars of Analyst/ Investor meet held on December 06, 2022 with ICICI Prudential in Mumbai.

The above information is a part of company’s filings submitted to BSE.

In terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Regulations’) read with Part A of Schedule III to the Regulations, The Federal Bank has informed that the Analyst/Investor meet was held on December 12,2022 with Schonfeld Strategic Advisors through VC.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 39(3) of the Listing Regulations and in terms of SEBI Circular No SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022, Federal Bank has informed that the Bank has issued ‘letter of confirmation’ in lieu of the share certificate reported as lost and the details thereof are enclosed. The aforesaid letter of confirmation has been issued on receipt of proper documentation from the Shareholder and pursuant to the approval accorded by the Stakeholders Relationship Committee on December 17, 2022.

The above information is a part of company’s filings submitted to BSE.

In terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Regulations’) read with Part A of Schedule III to the Regulations, The Federal Bank has informed that it enclosed the particulars of Analyst/Investor meet(s) held on December 21, 2022.

The above information is a part of company’s filings submitted to BSE.

In terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Regulations’) read with Part A of Schedule Ill to the Regulations, The Federal Bank has informed that the Analyst/Investor meet with ULJK Financial Services held on December 28,2022 through VC.

The above information is a part of company’s filings submitted to BSE.

In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015, The Federal Bank has informed that the following: Total deposits crossed ₹ 2,00,000 Cr milestone, reaching ₹ 2,01,425 Crore, with a growth of 14.8% over ₹ 1,75,432 Crore as of December 31, 2021, The Bank’s Customer deposits (Total deposits excl Interbank deposits and certificates of deposit) aggregated to ₹ 1,92,451 Crore, a growth of 12.8% over ₹ 1,70,654 Crore as of December 31, 2021 and The Bank’s gross advances grew by 19.1% to ₹ 1,71,043 Crore from ₹ 1,43,638 Crore as of December 31,2021. As per internal classification, Retail credit book grew by 19.1% and wholesale credit book grew by 19.0%. Retail to wholesale ratio at 54:46. The above information is subject to limited review by the statutory auditors of the Bank.
The above information is a part of company’s filings submitted to BSE.

The bank’s total deposits grew 14.8% to Rs 201425 crore (provisional) as of December 31, 2022

Federal Bank is currently trading at Rs. 139.40, up by 1.75 points or 1.27% from its previous closing of Rs. 137.65 on the BSE.

The scrip opened at Rs. 137.65 and has touched a high and low of Rs. 142.10 and Rs. 137.65 respectively. So far 500774 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 142.25 on 15-Dec-2022 and a 52 week low of Rs. 82.50 on 26-May-2022.

Last one week high and low of the scrip stood at Rs. 142.10 and Rs. 131.45 respectively. The current market cap of the company is Rs. 29519.40 crore.

The Institutions holding in the company stood at 70.61%, while Non-Institutions held 29.39% stake in the company.

Federal Bank’s gross advances stood at Rs 171043 crore (provisional)  as of December 31, 2022 (Q3FY23), posting a 19.1% rise in year-on-year (YoY) terms as against Rs 143638 crore as of December 31, 2021 and on quarter-on-quarter (QoQ) basis, gross advances stood at Rs 163958 crore as of September 2022.

The bank’s total deposits grew 14.8% to Rs 201425 crore (provisional) as of December 31, 2022, as compared to Rs 175432 crore as of December 31, 2021 (on a yearly basis). On a quarterly basis, the deposits stood at Rs 189146 crore as of September 2022. CASA stood at Rs 68984 crore (Provisional) as of December 31, 2022, posting a 7.2% rise in year-on-year (YoY) terms as against Rs 64343 crore as of December 31, 2021. Its customer deposits stood at Rs 192451 crore (Provisional) as of December 31, 2022, a growth of 12.8% over Rs 170654 crore as of December 31, 2021.

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.

Total consolidated income of the bank increased by 27.57% to Rs 5,262.58 crore for Q3FY23

Federal Bank is currently trading at Rs. 140.10, up by 1.65 points or 1.19% from its previous closing of Rs. 138.45 on the BSE.

The scrip opened at Rs. 139.00 and has touched a high and low of Rs. 143.35 and Rs. 137.25 respectively. So far 2758634 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 143.35 on 16-Jan-2023 and a 52 week low of Rs. 82.50 on 26-May-2022.

Last one week high and low of the scrip stood at Rs. 143.35 and Rs. 133.25 respectively. The current market cap of the company is Rs. 29640.82 crore.

The Institutions and Non-Institutions held 70.61% and 29.39%, stake in the Bank respectively.

Federal Bank has reported results for third quarter ended December 31, 2022. The Bank has reported rise of 54.03% in its net profit at Rs 803.61 crore for Q3FY23 as compared to Rs 521.73 crore for the corresponding quarter previous year. Total income of the bank increased by 26.50% to Rs 4,967.25 crore for the quarter as compared to Rs 3,926.75 crore for the same quarter in the previous year.

On the consolidated basis, the bank has reported rise of 57.80% in its net profit at Rs 852.28 crore for Q3FY23 as compared to Rs 540.09 crore for the same quarter in the previous year. Total income of the bank increased by 27.57% to Rs 5,262.58 crore for the quarter under review as compared to Rs 4,125.30 crore for the same quarter in the previous year.

The Federal Bank has informed that it enclosed the copy of letter dated January 14,2023 received from its RTA - Integrated Registry Management Services providing information regarding loss of share certificates, as detailed enclosed. The Stakeholders Relationship Committee of the Board will consider the request for issue of ‘Letter of Confirmation’ subject to receipt of required documents from the shareholder. This information is being submitted pursuant to the provisions of Regulation 39(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The above information is a part of company’s filings submitted to BSE.

The bank has reported 58% rise in Q3 consolidated net profit

Federal Bank is currently trading at Rs. 141.05, up by 0.80 points or 0.57% from its previous closing of Rs. 140.25 on the BSE.

The scrip opened at Rs. 142.85 and has touched a high and low of Rs. 142.95 and Rs. 140.35 respectively. So far 344740 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 143.35 on 16-Jan-2023 and a 52 week low of Rs. 82.50 on 26-May-2022.

Last one week high and low of the scrip stood at Rs. 143.35 and Rs. 133.25 respectively. The current market cap of the company is Rs. 29810.02 crore.

The Institutions holding in the company stood at 70.61%, while Non-Institutions held 29.39%.

Federal Bank has reported rise of 54.03% in its net profit at Rs 803.61 crore for third quarter ended December 31, 2022 as compared to Rs 521.73 crore for the corresponding quarter previous year. Total income of the bank increased by 26.50% to Rs 4,967.25 crore for the quarter as compared to Rs 3,926.75 crore for the same quarter in the previous year.

On the consolidated basis, the bank has reported rise of 57.80% in its net profit at Rs 852.28 crore for third quarter ended December 31, 2022 as compared to Rs 540.09 crore for the same quarter in the previous year. Total income of the bank increased by 27.57% to Rs 5,262.58 crore for the quarter under review as compared to Rs 4,125.30 crore for the same quarter in the previous year.

As required under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, The Federal Bank has informed that it attached an Investor / Analyst Presentation which was presented at the Analyst meet held today at Mumbai. The same has been published on the Bank’s website also.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 & 47(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, The Federal Bank has informed that it enclosed copies of the newspaper clippings (Financial Express and Deepika) with regard to postal ballot notice. The said clippings are also hosted on the Bank’s website at https://www.federalbank.co.in/shareholderinformation.

The above information is a part of company’s filings submitted to BSE.

In terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Regulations’) read with Part A of Schedule III to the Regulations, The Federal Bank has informed that the Analyst/Investor meet(s) held on March 16, 2023 with Motilal Oswal through VC.

The above information is a part of company’s filings submitted to BSE.

In terms of Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Regulations’) read with Part A of Schedule Ill to the Regulations, The Federal Bank has informed that the Analyst/Investor meet(s) with Dam Capital and Citadel LLC held on March 23,2023 in Mumbai.

The above information is a part of company’s filings submitted to BSE.

Inter alia, to consider and approve the proposal to raise funds by way of issue of Unsecured Basel III Tier-II Subordinate Bonds in the nature of Debentures, amounting up to Rs. 1000,00,00,000/- (Rupees One Thousand Crores only) on a private placement basis.

Quarterly Results

Quarterly Results

Rs.1.8000 per share(90%)Final Dividend

Inter alia, to consider the following proposals : a) Raising of equity capital of the Bank either through rights issue, private placement, Preferential Issue, Further Public Offer( ?FPO?), Qualified Institutional Placement ( ?QIP?), Global Depository Receipts (?GDR?), American Depository Receipts (?ADR?), Foreign Currency Convertible Bonds (?FCCB?) or through any other permissible mode or a combination thereof, and also for determination of issuance amount, as may be ppropriate, subject to shareholders approval as applicable and regulatory, statutory approvals and requirements. b) Borrowing/ raising of funds in Indian Currency or any other permitted foreign currency by way of issue debt instruments including but not limited to Additional Tier I bonds (AT1 bonds), Tier II bonds, Long Term Bonds (Infrastructure & Affordable Housing), Masala Bonds, Green bonds, non-convertible debentures or such other debt securities as may be permitted by RBI from time to time, in domestic market and/or verseas market, on a private placement basis within the overall borrowing limits of the Bank subject to shareholdersapproval as applicable and regulatory, statutory approvals and requirements. The Board would also consider convening a general meeting to seek approval of the shareholders in respect of the aforesaid proposals for fund raising, as required

Final Dividend & Audited Results

Quarterly Results

Inter-alia, the proposal to raise funds by way of issue of Unsecured Basel III Tier-II Subordinate Bonds in the nature of Debentures, amounting up to Rs. 700,00,00,000/- (Rupees Seven Hundred Crores only) on a private placement basis

Quarterly Results

Quarterly Results

Inter alia, to consider, inter-alia, the following proposals; a) Issuance of equity shares by way of a preferential allotment, in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013, as amended and such other acts/rules/regulations as may be applicable, subject to the approval of shareholders and such regulatory/ statutory approvals as may be required. b) Raising of equity capital of the Bank either through rights issue, private placement, Preferential Issue, Further Public Offer( “FPO”), Qualified Institutional Placement ( “QIP”), Global Depository Receipts (“GDR”), American Depository Receipts (“ADR”), Foreign Currency Convertible Bonds (“FCCB”) or through any other permissible mode or a combination thereof, and also for determination of issuance amount, as may be appropriate, subject to shareholders approval as applicable and regulatory, statutory approvals and requirements. c) Borrowing/ raising of funds in Indian Currency or any other permitted foreign currency by way of issue debt instruments including but not limited to Additional Tier I bonds (AT1 bonds), Tier II bonds, Long Term Bonds (Infrastructure & Affordable Housing), Masala Bonds, Green bonds, non-convertible debentures or such other debt securities as may be permitted by RBI from time to time, in domestic market and/or overseas market, on a private placement basis within the overall borrowing limits of the Bank subject to shareholders approval as applicable and regulatory, statutory approvals

The CASA was up 14.6% to Rs 67540 crore as of June 30, 2022 against Rs 58959 crore YoY

Federal Bank’s total deposits grew 8.2% to Rs 183355 crore (Provisional) as of June 30, 2022 (Q1FY23), as compared to Rs 169393 crore on a yearly basis. On a quarterly basis, the deposits stood at Rs 181701 crore as of March 2022. Gross Advance stood at Rs 154405 crore as of June 30, 2022, posting a 16.3% rise in year-on-year (YoY) terms against Rs 132787 crore as of June 30, 2021 and in quarter-on-quarter (QoQ) basis stood at Rs 147639 crore in March 2022.

The CASA was up 14.6% to Rs 67540 crore as of June 30, 2022 against Rs 58959 crore YoY. CASA ratio reached 36.84% (Q1FY23) from 34.81% (Q4FY22).

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.

The rating agency revised outlook to ‘positive’ from 'stable'

Credit rating agency -- CARE Ratings has re-affirmed Federal Bank’s 'Basel III -Tier II Bonds' of Rs 1000 crore (Size of Issue)  rating at ‘AA’ and revised outlook to ‘positive’ from 'stable'. Tier-II Bonds under Basel-III are characterised by a ‘Point of Non-Viability’ (PONV) trigger due to which the investor may suffer a loss of principal.

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.

The projects are part of the RBI initiative for the digitalization of rural finance wherein bank is collaborating with Reserve Bank Innovation Hub

Federal Bank has launched pilot projects to make it easier for farmers to get a Kisan Credit Card (KCC). Under the pilot projects, the bank will do away with the need for physical documents such as land records and in-person visit to a bank branch to get KCCs. The bank began the project from Chennai.

The projects is part of the RBI initiative for the digitalization of rural finance wherein bank is collaborating with Reserve Bank Innovation Hub (RBIH). This launch will accelerate the transition towards quicker access to credit from the organised banking system and is one more decisive step in the formalisation of economy. It will use digital capabilities such as eKYC and eSign, APIs (Application Programming Interfaces) developed by the TN-eGA and machine learning capabilities to offer KCC in a digital manner.

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.

The Bank’s gross advances grew by 19.4% to Rs 1,63,956 crore (Provisional) from Rs 1,37,313 crore as of September 30,2021

Federal Bank’s Customer deposits stood at Rs 1,83,106 crore (Provisional) (Q2FY23) as of September 30, 2022, a growth of 8.5% over Rs 1,68,742 crore as of September 30, 2021. Total deposits aggregated to Rs 1,89,146 crore (Provisional) as of September 30, 2022, a growth of 10.0% over Rs 1,71,995 crore as of September 30, 2021.

The Bank’s gross advances grew by 19.4% to Rs 1,63,956 crore (Provisional) from Rs 1,37,313 crore as of September 30,2021. The Bank’s CASA deposits aggregated to Rs 68,873 crore (Provisional), a growth of 10.7% over Rs 62,191 crore as of September 30, 2021.CASA ratio reached 36.41% (Q2FY23) from 36.16% (Q2FY22).

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.

Total consolidated income of the bank increased by 20.34% at Rs 4886.58 crore for Q2FY23

Federal Bank has reported results for second quarter ended September 30, 2022.

The bank has reported a rise of 52.89% in its net profit at Rs 703.71 crore for the quarter under review as compared to Rs 460.26 crore for the same quarter in the previous year. Total income of the bank increased by 19.62% at Rs 4630.30 crore for Q2FY23 as compared Rs 3870.90 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported rise of 51.83% in its net profit at Rs 740.91 crore for the quarter under review as compared to Rs 487.99 crore for the same quarter in the previous year. Total income of the bank increased by 20.34% at Rs 4886.58 crore for Q2FY23 as compared Rs 4060.75 crore for the corresponding quarter previous year.

The bank’s total deposits grew 14.8% to Rs 201425 crore (provisional) as of December 31, 2022

Federal Bank’s gross advances stood at Rs 171043 crore (provisional)  as of December 31, 2022 (Q3FY23), posting a 19.1% rise in year-on-year (YoY) terms as against Rs 143638 crore as of December 31, 2021 and on quarter-on-quarter (QoQ) basis, gross advances stood at Rs 163958 crore as of September 2022.

The bank’s total deposits grew 14.8% to Rs 201425 crore (provisional) as of December 31, 2022, as compared to Rs 175432 crore as of December 31, 2021 (on a yearly basis). On a quarterly basis, the deposits stood at Rs 189146 crore as of September 2022. CASA stood at Rs 68984 crore (Provisional) as of December 31, 2022, posting a 7.2% rise in year-on-year (YoY) terms as against Rs 64343 crore as of December 31, 2021. Its customer deposits stood at Rs 192451 crore (Provisional) as of December 31, 2022, a growth of 12.8% over Rs 170654 crore as of December 31, 2021.

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.

Total consolidated income of the bank increased by 27.57% to Rs 5,262.58 crore for Q3FY23

Federal Bank has reported results for third quarter ended December 31, 2022.

The Bank has reported rise of 54.03% in its net profit at Rs 803.61 crore for Q3FY23 as compared to Rs 521.73 crore for the corresponding quarter previous year. Total income of the bank increased by 26.50% to Rs 4,967.25 crore for the quarter as compared to Rs 3,926.75 crore for the same quarter in the previous year.

On the consolidated basis, the bank has reported rise of 57.80% in its net profit at Rs 852.28 crore for Q3FY23 as compared to Rs 540.09 crore for the same quarter in the previous year. Total income of the bank increased by 27.57% to Rs 5,262.58 crore for the quarter under review as compared to Rs 4,125.30 crore for the same quarter in the previous year.

The meeting of the Board of Directors of the Bank is scheduled to be held on March 18, 2023, to consider and approve the same

Federal Bank is planning to raise funds by way of issue of Unsecured Basel III Tier-II Subordinate Bonds in the nature of Debentures, amounting up to Rs 1000 crore on a private placement basis. The meeting of the Board of Directors of the Bank is scheduled to be held on March 18, 2023, to consider and approve the same.

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.

The Board of Directors of the Bank at its meeting held on March 18,2023, has approved the same

Federal Bank has received an approval to raise funds worth Rs 1000 crore through the issuance of Unsecured Basel III compliant Tier-II Subordinate Bonds in the nature of Debentures, on a private placement basis to certain eligible investors permitted to invest in the NCDs under applicable laws. The Board of Directors of the Bank at its meeting held on March 18,2023, has approved the same.

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.