Key anchor investors include HDFC Mutual Fund, HDFC Life Insurance, SBI Life Insurance, Nippon Life India, Kotak Mahindra Life Insurance, T...

Fedbank Financial Services IPO consists fresh equity issue worth Rs 600 crore along with an offer for sale (OFS) comprising 35,161,723 equi...

Going by the draft papers, the IPO of Fedbank Financial Services Ltd (Fedfina) consists of a fresh issue of equity shares aggregating up to...

The retail finance-focused company plans to raise up to Rs 750 crore through a fresh issuance, while there is also an offer-for-sale portio...

Federal 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...

"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 ...

"The bank is steadily improving its return ratios and this would drive the next leg of re-rating," said Kotak Institutional, adding that Fe...

Federal Bank will continue to own more than 51 per cent of the outstanding share capital post the completion of this offering.

The board of directors of the bank FedFina in a meeting on January 11, 2022, has approved initiating the process of an initial public offer...

Tata Consultancy Services, Infosys, Wipro, Tinna Rubber and Indbank Merchant Banking are among the companies that will announce their Decem...

The board of Fedfina, a non-deposit taking and systemically important non-banking finance company, has on Monday given its nod for the plan...

Fedfina is a 100 per cent fully owned subsidiary of the bank.

The investment will help FedFina augment its capital base primarily to support its growing asset business and to grow its branch network.

Fedfina would get a fresh capital of about Rs 300 crore through the deal

After a foray into the life insurance business and setting up of a NBFC subsidiary, Kerala-based Federal Bank is now looking at the mutual ...

The 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 has 100-plus gold loan branches across Tamil Nadu, Karnataka and AP and also gives mortgage loans and structured finance (construct...