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Housing finance platform Weaver Services to raise Rs 1,482 crore from Lightspeed, Premji InvestWeaver Services, a tech-led housing finance platform, is raising Rs 1,481.5 crore in funding led by Lightspeed and Premji Invest. Focused o...- Federal Bank shares fall 5% after Q1 profit drops 15% YoY. Should you stay invested?Federal Bank's share price initially declined due to a 14.6% YoY drop in net profit for the June quarter, despite growth in net interest in...
- 5 IPOs steal the show this week: Check final subscription numbers, allotment and listing datesIt was a busy week for primary markets with five IPOs hitting the Street. Here's a brief look at closing subscription figures, allotment st...
- Federal Bank's arm Fedfina, IREDA get nod from Sebi to float IPOsGoing by the draft papers, the IPO of Fedbank Financial Services Ltd (Fedfina) consists of a fresh issue of equity shares aggregating up to...
- We had earlier guided that H2 will be better than H1 & we will make sure to deliver on that: Federal Bank CFO“Federal Bank decided that it is prudent to make sure we have enough deposits to support the growth, which we continue to foresee in the 18...
- Federal Bank pauses $244 million unit stake sale: ReportFederal Bank has put on hold the sale of a stake in its subsidiary, Fedbank Financial Services, as it is unable to reach a consensus with p...
- Buy Federal Bank, target price Rs 147: Emkay GlobalFederal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 25157.97 Crore).
- Federal Bank MD Shyam Srinivasan is bullish on India's consumption story, sees lender's credit growth higher than industry's"During Covid, there was some slow down in growth because we had tightened the criteria. We didn't want to take more risks. Now, as we see ...
- Analysts stay upbeat on federal bank post strong Q1"The bank is steadily improving its return ratios and this would drive the next leg of re-rating," said Kotak Institutional, adding that Fe...
- Fedbank Financial, Dreamfolks, Archean Chemical get Sebi's nod to float IPOsThese companies, which filed their preliminary IPO papers with Sebi in January and February, obtained observation letter from the regulator...
- Federal Bank's subsidiary FedFina files IPO papers with SebiFederal Bank will continue to own more than 51 per cent of the outstanding share capital post the completion of this offering.
- Federal Bank subsidiary FedFina gets board approval for IPOThe board of directors of the bank FedFina in a meeting on January 11, 2022, has approved initiating the process of an initial public offer...
- Stocks in the news: TCS, Infosys, Adani Power, Wipro, DLF and Delta CorpTata Consultancy Services, Infosys, Wipro, Tinna Rubber and Indbank Merchant Banking are among the companies that will announce their Decem...
- Federal Bank to divest its stake in FedfinaThe board of Fedfina, a non-deposit taking and systemically important non-banking finance company, has on Monday given its nod for the plan...
- Federal Bank gets RBI nod to sell 45% stake in NBFC armFedfina is a 100 per cent fully owned subsidiary of the bank.
- FedBank Financial receives strategic investment from True NorthThe investment will help FedFina augment its capital base primarily to support its growing asset business and to grow its branch network.
- Federal Bank shortlists two investors for Fedfina stake divestmentFedfina would get a fresh capital of about Rs 300 crore through the deal
- Federal Bank eyes mutual fund businessAfter a foray into the life insurance business and setting up of a NBFC subsidiary, Kerala-based Federal Bank is now looking at the mutual ...
- Federal Bank plans to sell 26% stake in its non-banking armThe lender, which has mandated investment banker ICICI Securities to execute the plan, will use the money to grow and expand the unit’s bus...
- Fedfina aims to raise Rs 300 crore from PE investorsFedfina has 100-plus gold loan branches across Tamil Nadu, Karnataka and AP and also gives mortgage loans and structured finance (construct...
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