[ad_1] Private sector lender Federal Bank Ltd on Tuesday (March 25) said it has signed a binding memorandum of understanding (MoU) with Ageas Insurance International NV and Ageas Federal Life Insurance Company Limited (AFLIC) to acquire a 4% equity stake in AFLIC for ₹97.44 crore. The acquisition will increase Federal Bank’s stake in AFLIC from […]
Here is why Federal Bank shares are down post Q3 results – CNBC TV18
[ad_1] Shares of Federal Bank Ltd. fell as much as 7% on Tuesday, January 28, post its December quarter results that were reported after market hours on Monday. Company Value Change %Change On a sequential basis, the lender’s business momentum was at the lowest level in 14 quarters. Deposits were down 1% from the previous […]