Wed, Feb 21, 2024
JM Financial sees over 23 per cent upside in the stock, and views Fedbank Financial Services as a compelling player in the Micro Small Medium Enterprise (MSME) financing segment through secured asset classes, as the NBFC's small ticket loan against property is set to rise given less competition and strong risk-adjusted profitability.
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Tue, Dec 12, 2023
Though Fedbank Financial Service's gross non-performing assets (GNPA) was flat, it recorded its highest-ever quarterly profit in the second quarter on Monday.
Thu, Nov 30, 2023
Shares of Fedbank Financial Services Ltd debuted on BSE on Thursday (November 30) at a discount price of 1.61 per cent, or Rs 2.25, at Rs 137.75. It also made its debut on NSE at a discount price of 1.40 per cent, or Rs 2, at Rs 138.
Wed, Nov 29, 2023
Fedbank Financial Services IPO listing date: Fedbank Financial Services shares will be listed on the BSE and NSE on November 30.
Fri, Nov 17, 2023
Fedbank Financial Services (Fedfina) on Friday said it plans to raise up to Rs 1,092-crore through an initial public offering opening on November 22.
Mon, Sep 25, 2023
RBI fines SBI, Indian Bank and Punjab & Sind Bank: The Reserve Bank of India (RBI) on Monday imposed fines on State Bank of India (SBI), Indian Bank, Punjab & Sind Bank, and Fedbank Financial Services for violating various norms set by the central bank.
Sun, Jul 30, 2023
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 portion, where Federal Bank (1.64 crore shares) and private equity player True North (5.38 crore shares) propose to offload shares.
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