The Federal Bank Limited
The Federal Bank Limited was incorporated in 1931 as Travancore Federal Bank Limited. It provides retail and corporate banking, para banking activities such as debit card, third party product distribution etc., treasury and foreign exchange business..It is the second-largest bank and the largest private sector bank in Kerala
What The files
- Investor Meet143
- Updates81
- Others57
- Important11
- Board Meeting7
- PPTs5
Federal Bank paid ~₹0.49 Cr in fines. Green loan portfolio grew to ₹10,489 Cr, with a new ₹15,000 Cr target by 2030. Coal-related exposure cut to 0.35%. Sustainability efforts include expanded solar power, digitalization, and tree planting. Customer complaints and workplace injuries decreased. 39 employees faced disciplinary action for fraud....
Federal Bank's Board approved raising up to Rs 10,000 Cr through debt instruments like AT1, Tier II, Masala, and Green Bonds via private placement. This strategic move aims to strengthen the bank's capital.
Federal Bank has launched the "FCNR Max Deposit Scheme," a new FCNR (B) deposit variant. This offering specifically targets and caters to the needs of its NRI customers, expanding their banking options.
Federal Bank received Income Tax Department orders resulting in a significant refund. The bank is due ₹322.62 Cr, including interest, for a past assessment, which will boost its liquidity.
Federal Bank launched its Capital Gains Account Scheme, introducing Fed Capital Gains-Savings and Fed Capital Gains-Deposit accounts. These new products cater to the domestic market, offering specialized accounts for investors managing capital gains.