Federal Bank

Kotak Mahindra Bank-Federal Bank Merger: Private sector lender Federal Bank on Monday, September 5, denied reports of a merger with Kotak Mahindra Bank, after reports emerged that the two banks were in talks to do so. Federal Bank in a…

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Federal Bank has become India’s first bank to list its Payment Gateway platform on the income tax department’s TIN 2.0 platform, which went live on July 1 this year. The Payment Gateway has been enabled, providing one more payment option to…

Rakesh Jhunjhunwala Portfolio: A big number of retail investors scan portfolios of ace investors to find out value picks. And, a good number of Rakesh Jhunjhunwala stocks have generated an alpha return in the last one month. One of them…

Rakesh Jhunjhunwala Portfolio: Ace investor Rakesh Jhunjhunwala-backed private lender stock, Federal Bank, has a potential to grow over 25 per cent on the steady improvement in business market share over the past 5 years. In the past year,…

Stocks To Buy: Sharing its top picks, domestic brokerage and research firm Angel One has recommended five stocks that investors can look to buy or accumulate these quality stocks with the time horizon of one year. Five Stocks To Buy Ashok…

Credit-card based fintech firm FPL Technologies, which operates credit score platform OneScore and issues credit cards under the OneCard brand, has received approval from its board to raise Rs 802.49 crore (about $100.5 million) in fresh…

MUMBAI: Reserve Bank of India (RBI) on Friday said it has imposed a penalty of Rs 5.72 crore on Federal Bankfor deficiencies in regulatory compliance. A penalty of Rs 70 lakh has also been imposed on Bank of India for non-compliance with…

MUMBAI: To make up for the multi-billion-dollar outflow due to selling by foreign portfolio investors (FPIs) and a record trade deficit, the RBIhas taken steps to boost debt inflows. The move comes amid the rupee sinking to record lows of…

Due to the United States Federal Reserve raising its key rate by three-quarters of a point this week in a bid to tame high inflation the average long-term U.S. mortgage rates had their biggest one-week jump in 35 years,…