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BUDGET 2024 ~ StoxBox View & Top Picks

Market Outlook ~ Key Positives Strong GDP growth India maintains a world leading GDP growth rate. Deleveraged Corporate Balance Sheets: Indian corporates have significantly reduced their leverage, and the banking sector is well-capitalized. US Tightening […]

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Federal Bank Unveils UPI-Enabled RuPay Wave Credit Card via a Simplified 2-click onboarding journey

20th June 2024, Chennai: Federal Bank, in collaboration with National Payments Corporation of India (NPCI), has launched RuPay Wave Credit Card that empowers customers with the convenience of UPI-powered transactions on robust RuPay network. This […]

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Federal Bank Reports Strong FY24 Performance: 24% Profit Growth, Highest NII, and Solid Asset Quality Maintained

Chennai,  2nd May 2024, Federal Bank announced the Financial Results for the quarter and year ended 31st March 2024. The key highlights of the results on a Y-o-Y basis are as follows:   Total Business of the Bank reached Rs 4,61,937.36 Cr. Highest Ever NII, up by 14.97% […]

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Federal Bank’s net profit grows 29 percent

Federal Bank announced Unaudited Financial Results for the quarter ended 31st December 2021. Major highlights of the results on a Y-o-Y basis are as follows:   Ø  Total advances grew by 12% YoY Ø  Market share in Personal […]