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Federal Bank Ltd Banks
₹ 204.68 -0.53 (-0.26%)
  • NSE
  • BSE

Overview

  • BSE Code 500469
  • NSE Symbol FEDERALBNK
  • ISIN Demat INE171A01029
  • Book Value (₹) 135.98
  • Face Value (₹) 2.00
  • Market Cap (₹ Cr.) 52,157.70
  • P/E (TTM) 12.87
  • EPS (TTM) 16.49
  • Div Yield (%) 0.57

Performance

Today’s Low 202.76
Today’s High 205.76

204.68
52W Low 172.66
52W High 220.00

204.68
Open 205.21
Prev. Close 205.21
Volume 1,03,54,388.00

Corporate Actions

The Federal Bank Limited - Updates
Apr 23, 2025

The Federal Bank Limited has informed the Exchange regarding 'Allotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme'.

The Federal Bank Limited - Alteration Of Capital and Fund Raising-XBRL
Apr 23, 2025

The Federal Bank Limited has informed the Exchange regarding Allotment of Securities

About Federal Bank Ltd

History

Federal Bank Ltd came into existence as on April 23, 1931, then commonly referred to as Travancore Federal Bank Ltd. In 1945, the bank’s registered office was shifted to Aluva, Kerala. In 1964, Federal Bank acquired the full reins of the assets and liabilities of three other banks i.e. Chalakudy Public Bank Ltd, Cochin Union Bank Ltd, and Alleppey Bank Ltd. Thereafter multiple other banks also merged in, such as St. George Union Bank Ltd, Federal Bank, Martha Dom Commercial Bank Ltd. and Ganesh Bank, etc. Federal Bank became a Scheduled Commercial Bank in 1970. In 1973, it became an Authorised Dealer in Foreign Exchange and started its International Banking Department in Mumbai. In 2013, Federal Bank became the first bank in India which was a sponsor bank for White Label ATMs. Two years later, it was the second bank to open an International Financial Services Centre (IFSC) Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City). Soon, the bank launched its Unified Payments Interface (UPI) application 'Lotza'. In 2019, Federal Bank won the NSDL special recognition award for being the first bankin India bringing forth an online demat account opening facility. In 2021, it partnered with Fi and Jupiter Money for bringing forth a customised Neo banking experience to resident individuals, especially in unbanked areas. In the same year, Federal Bank launched Imperio Family Banking, a banking service designed for mid-HNI customers.

Business Segments

Federal Bank Ltd is a major Indian private commercial bank headquartered in Aluva, Kerala. It operates in four segments: treasury operations, wholesale banking, retail banking, and other banking operations. It categorises its services as:
  • Personal - Personals services include:Accounts - Apart from the usual savings accounts, they also have Noor Personal Accounts, GBD Super S1, RFC Account ie. resident foreign currency account, etc.Loans - This includes loans for car, home, education, career, etc.Insurance and investments - This includes trading platforms, insurance, pension, wealth management services, etc.Cards - This includes credit cards, debit cards, co-branded credit cards, co-brand prepaid cards, etc.Internet and mobile banking, priority bankingPayment services such as bill payment, recurring payments, funds transfers, etc.
  • Business - These services include accounts, treasury services, SME and agricultural loans, corporate financing and trade finance services.
  • NRI - This involves accounts, loans, credit cards, insurance and investment services for NRI clients.
These services are a part of the bank’s vision to act as a financial supermarket. The Bank has representative offices in Abu Dhabi and Dubai as well as an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City). Slightly more than half of its loan book consists of retail loans the rest are wholesale loans. In terms of demand for its debt products, corporate and institutional banking (CIB) has the biggest share, followed by retail loans, small and medium businesses and agriculture. The bank has invested heavily into digitisation of banking operations. 90% of all accounts were opened digitally in FY 2022 and its account transactions are largely digital ones. Federal Bank has subsidiaries for specific operations such as:
  • Fedbank Financial Services Ltd. which delivers gold loans, home loans, loans against property and business loans.
  • Federal Operations and Services Ltd. which caters to banking operations and technology-related services.

Key Personnel

Mr. Shyam Srinivasan, MD and CEO Mr. Srinivasan joined his current post on 23rd September 2010. He is an alumnus of IIM Calcutta. Before joining Federal Bank, he had served as a member of the Global Executive Forum of Standard Chartered Bank in 2004-10. At Federal Bank, he has worked on improvement of under-writing quality and overall total quality management. He has held multiple other positions outside Federal Bank as an eminent executive, such as member of the Financial Sector Legislative Reforms committee of RBI and member of the Managing Committee of IBA.

Corporate Actions

The following are some of the corporate actions done by the company in the recent past: Bonus Shares Federal Bank had last announced bonus shares in 2015 in the ratio of 1:1.  Stock Split Federal Bank had split the face value of its shares from ₹10 to ₹2 in 2013. Rights Shares Federal Bank had issued rights shares in 2007 in the ratio of 1:1 at a premium of ₹240.00 per share.

Financial Highlights

  • The bank has seen a sharp jump in its revenue by 23.85% in the period between March 2022 and March 2023.
  • This jump has led to a jump in the net profit of the organization by 60.82% in the same period of time.
  • It has a high quick ratio of 5.43 as of September 2023.
Founded: 1931
Chairman: Abhaya Prasad Hota
Managing Director: K V S Manian
Address: P B No 103 Federal Towers, Aluva, Kerala, 683101,
HO Tel: 91-484-2634061/484-2622263