Federal Bank Limited, an Indian private sector bank headquartered in Aluva, Kochi, Kerala, has announced a milestone achievement for the quarter ended December 31, 2023. The bank has registered its highest ever quarterly net profit at ₹1007 Crores, marking a significant 25.28% growth year-over-year. Unprecedented Financial Growth This quarter’s financial highlights are impressive, with the […]
Federal Bank Limited, an Indian commercial bank, said that its board has approved an investment of over INR 148 crores in its subsidiary Fedbank Financial Services Limited (FFSL) via subscription to rights issue. Fedbank Financial Services is a non-deposit taking systemically important non-banking financial company (NBFC), which acquired license from the Reserve Bank of India […]
