Federal Bank has allotted 2,05,976 equity shares under ESOS on 11 November 2024. Powered by Capital Market - Live News

Federal Bank has allotted 1,75,188 equity shares under ESOP on 04 November 2024. Powered by Capital Market - Live News

Federal Bank has allotted 90,447 Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees upon exercise of stock options under ESOS 2017 Scheme on October 29, 2024. Powered by Capital Market - Live News

Net profit of Federal Bank rose 10.28% to Rs 1096.25 crore in the quarter ended September 2024 as against Rs 994.10 crore during the previous quarter ended September 2023. Total Operating Income rose 20.97% to Rs 7005.66 crore in the quarter ended September 2024 as against Rs 5791.28 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income7005.665791.28 21 OPM %69.3371.31 - PBDT1473.051342.71 10 PBT1473.051342.71 10 NP1096.25994.10 10 Powered by Capital Market - Live News

Federal Bank announced that CARE Ratings has reaffirmed the issuer rating and re-affirmed/assigned credit rating to the Tier-II Bonds and Infrastructure Bonds of the Bank at `CARE AA+; Stable`. Powered by Capital Market - Live News