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.
RBL Bank share price today: RBL Bank shares climbed 5.67 per cent to hit a high of Rs 284.20 on BSE. RBL Bank in a filing to BSE said the RBI has given its approval to ICICI Pru AMC Ltd and ICICI Pru Life to acquire the stake within one year.
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.
Adani Enterprises corrected 76 per cent after the Hindenburg report. It plummeted to a low of Rs 1,017 on February 3 but managed to recover 118 per cent since then.