Kotak Mahindra Bank has announced that KVS Manian has been re-designated as the Joint Managing Director with effect from March 1, 2024. Federal Bank had reportedly shortlisted Manian as a CEO candidate.
Federal Bank on Tuesday reported a net profit of Rs 1,007 crore for the December quarter of the financial year 2023-24, a 25 per cent jump on a year-on-year basis.
Stocks to watch on August 14, 2023: The market would trade cautiously ahead of India’s inflation data to be released on Monday. ITC, Divi s Lab, Vodafone India, Eicher Motors, CAMS, Varun Beverages, HAL, Nykaa among stocks to watch on Monday.
Stocks in focus today: The overall structure of the market remains positive with Nifty attaining new highs at a steady pace. Kansai Nerolac Paints, Tata Motors, Paras Defence, Motilal Oswal among stocks in news on Tuesday, July 4, 2023.
Federal Bank Q4 results review: Core performance softened owing to a slowdown in business banking and gold loans, lower NII and fees, and higher agri slippages, said Nuvama.