# FEDERALBNK (FEDERALBNK) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/federalbnk

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹332.75
- Change: +0.00%
- As of: 2026-09-18
- 1D return: +0.00%
- 5D return: -3.83%
- 1M return: -6.35%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, FEDERALBNK is trading at ₹332.75, exhibiting a mixed technical stance across different timeframes. The daily timeframe indicates a bearish trend, with the price below key moving averages like the 20-day EMA (₹344.46) and 50-day SMA (₹349.33), and the Supertrend indicator also signaling bearish conditions. This is further supported by the presence of a Doji and Harami pattern on the daily chart, suggesting potential indecision. However, the weekly and monthly timeframes present a contrasting bullish picture. The weekly chart shows the price above its 20-day EMA (₹329.64) and 50-day SMA (₹295.57), with a bullish Supertrend, and the monthly chart also indicates a bullish trend with the price above its 20-day EMA (₹273.5) and a bullish Supertrend. This divergence suggests short-term weakness within a potentially longer-term upward trend.

Nearest resistance is observed around ₹336.32 (1.07% away), with further resistance at ₹336.5. Support is found near ₹328.88 (1.16% away), followed by ₹325.02. The stock has experienced a recent high participation anomaly on the daily timeframe on September 18, 2026, with no clear directional move, indicating market indecision despite significant volume. The annualized volatility stands at 25%, with a current drawdown of -10% and a maximum drawdown of -15%.

- Daily trend is bearish with price below key moving averages (e.g., 20-day EMA at ₹344.46) and Supertrend.
- Weekly and monthly trends are bullish, with price above key moving averages and Supertrend indicators.
- Nearest resistance levels are ₹336.32 and ₹336.5.
- Nearest support levels are ₹328.88 and ₹325.02.
- Watch for a break above ₹336.5 for potential upward momentum, and a break below ₹328.88 to test lower support levels.

- Evening Star
- Doji
- Harami
- Morning Star
- Inside Bar

### News Context

Federal Bank announced on September 17, 2026, that its board has approved a plan to raise up to $500 million through the issuance of bonds. This fundraising initiative allows the bank to secure capital in multiple tranches, potentially utilizing both traditional bonds and foreign-currency notes, including through its banking unit in GIFT City. This move comes amidst a mixed market performance on September 17, 2026, where the Sensex saw a slight decline while the Nifty rose for a second consecutive day, with midcap stocks outperforming the broader indices.

In other banking sector news, on September 16, 2026, reports highlighted several banks, including YES Bank, Bank of Baroda (BOB), Punjab National Bank (PNB), IndusInd Bank, and HDFC Bank, as potential beneficiaries of new Merchant Discount Rate (MDR) charges on certain UPI transactions. Specifically, YES Bank's shares saw a notable jump after Citi and Morgan Stanley identified it as a key beneficiary, with Citi anticipating an earnings boost for the lender and other banks. Morgan Stanley, however, projected a smaller profit benefit than initially estimated.

- Federal Bank's board approved a program on September 17, 2026, to raise up to $500 million via bonds and foreign-currency notes.
- The fundraising program allows for multiple tranches and can include its GIFT City banking unit.
- On September 16, 2026, YES Bank, BOB, PNB, IndusInd Bank, and HDFC Bank were identified as potential beneficiaries of new MDR charges on select UPI transactions.
- YES Bank shares rose on September 16, 2026, after Citi and Morgan Stanley cited it as a key beneficiary of new UPI charges, with Citi expecting an earnings boost.

- Federal Bank gets board nod to raise up to $500 million through bonds
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- HDFC Bank is winning the mutual fund vote over ICICI Bank. Can the shift last?
- YES Bank, BOB, PNB, IndusInd Bank, HDFC Bank shares: Key beneficiaries of MDR charges
- Yes Bank shares jump 4% as Citi, Morgan Stanley see lender as key beneficiary of new UPI charges. Earnings boost ahead?

### What Changed

On September 17, 2026, Federal Bank's Board of Directors approved modifications to a prior authorization from August 21, 2026. This action establishes a medium-term note program with an aggregate limit of up to USD 500 million. The program allows for the offer, issuance, and allotment of secured or unsecured bonds, including foreign currency notes, which can be listed on international exchanges like IFSC Limited or NSE IFSC Limited. This development enables the bank to raise funds through various tranches via bonds and foreign-currency notes, including from its GIFT City banking unit.

- On September 17, 2026, Federal Bank's Board approved modifications to a medium-term note program, increasing the aggregate limit to USD 500 million.
- The program, initially authorized on August 21, 2026, allows for the issuance of secured or unsecured bonds, including foreign currency notes.
- These notes can be offered and listed on international exchanges such as IFSC Limited or NSE IFSC Limited.
- The bank can raise funds in multiple tranches through this program, including from its GIFT City banking unit.

- Federal Bank gets board nod to raise up to $500 million through bonds
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- The Federal Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on September 17, 2026. |SUBJECT: Outcome of Board Meeting

### Official Filings

The Federal Bank Limited has disclosed several updates regarding its capital raising and operational activities. On September 17, 2026, the board approved modifications to a prior authorization, allowing for the offer, issuance, and allotment of secured or unsecured bonds, including foreign currency notes, up to an aggregate limit of USD 500 million. This program is intended for listing on international exchanges such as IFSC Limited or NSE IFSC Limited. Earlier, on September 11, 2026, the bank had announced a board meeting scheduled for September 17, 2026, to consider a debt issue for fund raising. In parallel, the bank has been allotting equity shares following the exercise of employee stock options. On September 8, 2026, a total of 326,256 equity shares were allotted under various employee stock option schemes, increasing the bank's paid-up share capital and number of shares. The bank also reported a strong Q1 FY27 performance, with net profit up 36.6% year-on-year to ₹1,177 crore, driven by a 26.1% increase in net interest income to ₹2,946 crore. Asset quality showed improvement, with Gross Non-Performing Assets (GNPA) at 1.52% and Net Non-Performing Assets (NNPA) at 0.18%. Additionally, a Blackstone affiliate committed to invest up to ₹6,197 crore for a 9.99% stake via warrants, a transaction that has received regulatory clearance and board and shareholder approval.

- On September 17, 2026, the board approved a medium-term note program with an aggregate limit of USD 500 million for international listings.
- On September 8, 2026, 326,256 equity shares were allotted due to employee stock option exercises, increasing paid-up capital.
- For Q1 FY27, net profit was ₹1,177 crore (up 36.6% YoY) and net interest income was ₹2,946 crore (up 26.1% YoY).
- GNPA stood at 1.52% and NNPA at 0.18% as of June 30, 2026.
- A Blackstone affiliate committed to invest up to ₹6,197 crore for a 9.99% stake via warrants, with all necessary approvals obtained.

- The Federal Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on September 17, 2026. |SUBJECT: Outcome of Board Meeting
- The Federal Bank Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- The Federal Bank Limited has informed the Exchange about Allotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme |SUBJECT: General Updates
- The Federal Bank Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- The Federal Bank Limited has informed the Exchange about Board Meeting to be held on 17-Sep-2026 to consider Fund raising. |SUBJECT: Board Meeting Intimation
- Fund Raising |Meeting Date: 17-Sep-2026
- Board Meeting Intimation |Meeting Date: 17-Sep-2026
- The Federal Bank Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- The Federal Bank Limited has informed the Exchange about Allotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme |SUBJECT: General Updates
- The Federal Bank Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation

### Fundamentals

Federal Bank's recent operating performance shows a mixed trajectory. Revenue has demonstrated growth, with "Segment Revenue From Operations" reported at ₹8,470.06 crore for Q3 FY2025-26, increasing to ₹9,132.47 crore for Q4 FY2025-26, and ₹8,943.11 crore for Q1 FY2026-27. However, "Operating Profit Before Provision And Contingencies" saw fluctuations, standing at ₹1,881.95 crore in Q3 FY2025-26, rising to ₹2,475.24 crore in Q4 FY2025-26, but then decreasing to ₹2,094.24 crore in Q1 FY2026-27. Provisions also varied, with ₹374.47 crore in Q3 FY2025-26, a significant jump to ₹761.67 crore in Q4 FY2025-26, and a subsequent decrease to ₹353.24 crore in Q1 FY2026-27. This led to "Profit Loss From Ordinary Activities Before Tax" of ₹1,507.48 crore in Q3 FY2025-26, ₹1,713.57 crore in Q4 FY2025-26, and ₹1,741 crore in Q1 FY2026-27.

Looking at the balance sheet, total assets have grown from ₹160,552 crore in March 2019 to ₹317,839 crore in March 2024, with projections indicating further growth to ₹402,081 crore by March 2026. Deposits have also increased substantially, from ₹134,879 crore in March 2019 to ₹252,455 crore in March 2024, and are projected to reach ₹313,491 crore by March 2026. Borrowings have also risen, from ₹8,706 crore in March 2019 to ₹25,160 crore in March 2024, with a projected increase to ₹33,193 crore by March 2026. Equity Capital has seen a steady increase from ₹397 crore in March 2019 to ₹487 crore in March 2024, with modest projected growth to ₹493 crore by March 2026. The company's Return on Equity (ROE) was 15% in both March 2023 and March 2024, with projections showing a decrease to 13% in March 2025 and 12% in March 2026.

Key monitoring areas include the trend in operating profit before provisions, the management of provisions, and the impact of increasing borrowings on profitability. The growth in deposits provides a funding base, but the rising borrowing levels warrant attention. The projected decline in ROE in the coming years is also a factor to observe.

- Segment Revenue From Operations increased from ₹8,470.06 crore in Q3 FY2025-26 to ₹9,132.47 crore in Q4 FY2025-26, before slightly decreasing to ₹8,943.11 crore in Q1 FY2026-27.
- Operating Profit Before Provision And Contingencies saw a high of ₹2,475.24 crore in Q4 FY2025-26, but declined to ₹2,094.24 crore in Q1 FY2026-27.
- Total Assets grew to ₹317,839 crore by March 2024 and are projected to reach ₹402,081 crore by March 2026.
- Deposits increased to ₹252,455 crore in March 2024 and are projected to reach ₹313,491 crore by March 2026.
- Return on Equity (ROE) was 15% in March 2024, with projections indicating a decrease to 12% by March 2026.

### Bull Case

Federal Bank's financial performance shows growth in key balance sheet items. Deposits increased to ₹152,252 crore in March 2020 from ₹134,879 crore in March 2019, indicating an expansion in its funding base. Over the same period, Investments grew to ₹35,715 crore from ₹31,676 crore, and Reserves increased to ₹14,424 crore from ₹13,101 crore. The company also reported a compounded profit growth of 21% over 5 years and 16% on a trailing twelve months (TTM) basis. Technically, the weekly trend shows a bullish SuperTrend indicator at ₹315.1, suggesting upward momentum over that timeframe.

- Deposits grew from ₹134,879 crore in March 2019 to ₹152,252 crore in March 2020.
- Investments increased from ₹31,676 crore in March 2019 to ₹35,715 crore in March 2020.
- Reserves rose from ₹13,101 crore in March 2019 to ₹14,424 crore in March 2020.
- Compounded profit growth was 21% over 5 years and 16% on a TTM basis.
- The weekly SuperTrend indicator was bullish at ₹315.1 as of September 18, 2026.

- Federal Bank gets board nod to raise up to $500 million through bonds
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- HDFC Bank is winning the mutual fund vote over ICICI Bank. Can the shift last?
- YES Bank, BOB, PNB, IndusInd Bank, HDFC Bank shares: Key beneficiaries of MDR charges
- Yes Bank shares jump 4% as Citi, Morgan Stanley see lender as key beneficiary of new UPI charges. Earnings boost ahead?

### Bear Case

Federal Bank's financial performance shows a notable increase in borrowing from ₹8,706 crore in March 2019 to ₹12,528 crore in March 2020. This rise in debt, coupled with a decrease in cash flow from operating activities from ₹7,873 crore in March 2019 to ₹3,731 crore in March 2020, warrants attention. Furthermore, the company's cash flow from investing activities increased in outflow from ₹3,378 crore to ₹4,688 crore over the same period. The daily technical trend indicates a bearish supertrend direction with a value of 351.48 as of September 18, 2026, and a negative EMA 20 slope of -4.01.

- Borrowing increased from ₹8,706 crore (Mar 2019) to ₹12,528 crore (Mar 2020).
- Cash flow from operating activities decreased from ₹7,873 crore (Mar 2019) to ₹3,731 crore (Mar 2020).
- Cash flow from investing activities saw an increased outflow from ₹3,378 crore (Mar 2019) to ₹4,688 crore (Mar 2020).
- The daily technical supertrend direction was bearish as of September 18, 2026.

- Federal Bank gets board nod to raise up to $500 million through bonds
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- HDFC Bank is winning the mutual fund vote over ICICI Bank. Can the shift last?
- YES Bank, BOB, PNB, IndusInd Bank, HDFC Bank shares: Key beneficiaries of MDR charges
- Yes Bank shares jump 4% as Citi, Morgan Stanley see lender as key beneficiary of new UPI charges. Earnings boost ahead?

### FAQs

**What is the company's strategy for raising capital, and what amounts are involved?**

Federal Bank's board has approved a program to raise up to USD 500 million through the issuance of bonds and foreign-currency notes. This program allows for raising funds in multiple tranches, including from its GIFT City banking unit. The board initially authorized this program on August 21, 2026, with modifications approved on September 17, 2026. The bank also plans to consider a debt issue for fundraising, with a board meeting scheduled for September 17, 2026, to discuss this.

**How has the company's balance sheet evolved between March 2019 and March 2020?**

Between March 2019 and March 2020, Federal Bank's total assets grew from ₹160,552 to ₹183,353. Key components of this growth include an increase in Deposits from ₹134,879 to ₹152,252, and a rise in Borrowing from ₹8,706 to ₹12,528. Investments also increased from ₹31,676 to ₹35,715. Total liabilities mirrored the growth in assets, increasing from ₹160,552 to ₹183,353.

**What are the recent trends in the company's cash flow from operations?**

Federal Bank's cash flow from operating activities has shown a decline. In March 2019, the company reported ₹7,873 in cash from operating activities. This figure decreased to ₹3,731 in March 2020. Consequently, Free Cash Flow also decreased from ₹7,750 in March 2019 to ₹3,585 in March 2020.

**What is the company's recent stock performance over different periods?**

As of September 18, 2026, Federal Bank has shown varied returns across different periods. The year-to-date return is 0.25, and the return over the last 6 months is 0.23. The stock has returned 0.68 over the past year. However, it has experienced negative returns over shorter periods, including -0.07 in the last month and -0.03 over the last 10 days.

**What are the key technical indicators suggesting about the stock's trend?**

Technical indicators present mixed signals. On a daily timeframe, the Supertrend is 'bearish' with a value of 351.48, and the EMA 20 slope is negative (-4.01). However, on a weekly timeframe, the Supertrend is 'bullish' at 315.1, with positive slopes for EMA 20 (9.32) and SMA 50 (15.17). Monthly indicators also show a 'bullish' Supertrend at 265.57, with a strong ADX of 65.07.

- Federal Bank gets board nod to raise up to $500 million through bonds
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- HDFC Bank is winning the mutual fund vote over ICICI Bank. Can the shift last?
- YES Bank, BOB, PNB, IndusInd Bank, HDFC Bank shares: Key beneficiaries of MDR charges
- Yes Bank shares jump 4% as Citi, Morgan Stanley see lender as key beneficiary of new UPI charges. Earnings boost ahead?
- The Federal Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on September 17, 2026. |SUBJECT: Outcome of Board Meeting
- The Federal Bank Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- The Federal Bank Limited has informed the Exchange about Allotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme |SUBJECT: General Updates
- The Federal Bank Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL
- The Federal Bank Limited has informed the Exchange about Board Meeting to be held on 17-Sep-2026 to consider Fund raising. |SUBJECT: Board Meeting Intimation
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹336.32
- Risk regime: Price Risk Currently Contained

### Support levels
- 323.2
- 318.2
- 282.6

### Resistance levels
- 336.5
- 356.95
- 364.2

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.00% |
| return_10 | -3.44% |
| return_1m | -7.00% |
| return_1y | +67.69% |
| return_20 | -6.35% |
| return_3m | +3.84% |
| return_5 | -3.83% |
| return_6m | +22.56% |
| return_since_start | +65.95% |
| return_ytd | +24.98% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -15.17% |
| annualized_volatility | +24.95% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Quarterly Earnings Decline Sequentially as Costs Rise and Other Income Falls

Federal Bank reported a net profit of ₹1,297.61 crore for the quarter ended 30 June 2026, a 6.86% decrease from the previous quarter but a 37.06% increase compared to the same quarter in the prior year. The quarter saw operating profit contract as revenue declined and employee costs rose. This contraction was partially offset by a sharp reduction in provisioning, which helped pre-tax profit grow. Asset quality metrics improved, and the balance sheet expanded.

## Revenue and Operating Profit

Segment Revenue From Operations decreased by 2.07% quarter-over-quarter to ₹8,943.11 crore. The decline was driven by a 1.07% reduction in Interest Earned to ₹7,861.58 crore and an 8.80% reduction in Other Income to ₹1,081.53 crore. While Interest Earned remained 9.94% higher than the year-ago quarter, Other Income fell 7.12% below the prior-year level.

Operating Profit Before Provision And Contingencies fell by 15.39% sequentially to ₹2,094.24 crore. The sequential decline in operating profit occurred alongside a 12.43% year-over-year expansion in Net Segment Assets, which reached ₹4,09,810.93 crore at the end of the quarter.

## Cost Structure and Expense Trends

Employee Cost increased by 15.07% quarter-over-quarter to ₹1,070.63 crore, marking a 17.62% increase compared to the same quarter last year. In contrast, Other Operating Expenses decreased by 6.37% sequentially to ₹1,240.66 crore, though this remained 7.10% higher than the year-ago quarter. The rise in employee costs offset the sequential savings in other operating expenses, contributing to the compression in operating profit.

## Profitability and Provisioning

Despite the decline in operating profit, Profit Loss From Ordinary Activities Before Tax increased by 1.60% to ₹1,741 crore. This outcome was primarily due to a sharp reduction in Provisions Other Than Tax And Contingencies, which fell by 53.62% sequentially to ₹353.24 crore. This provision level was also 19.21% lower than the same quarter in the prior year.

Tax Expense increased by 38.42% sequentially to ₹443.39 crore, which contributed to the decline in the final bottom line. Profit Loss From Ordinary Activities After Tax settled at ₹1,297.61 crore, reflecting the net impact of lower operating profit, lower provisions, and higher tax expense.

## Asset Quality and Balance Sheet

The reduction in provisions aligns with the continued improvement in asset quality metrics. Non Performing Assets decreased by 4.38% sequentially to ₹506.05 crore and fell by 56.29% compared to the same quarter last year. The Percentage Of Gross Npa declined to 0.0152 from 0.0162 in the previous quarter and 0.0191 a year ago. Similarly, the Percentage Of Npa (Net) decreased to 0.0018 from 0.002 in the prior quarter and 0.0048 a year ago.

Capital adequacy remained stable, with the CET1 Ratio recorded at 0.1589, a marginal decrease of 0.25% from the previous quarter's 0.1593. This ratio remains 8.17% higher than the 0.1469 recorded in the same quarter last year. The balance sheet size expanded, with Net Segment Assets growing by 1.92% sequentially and 12.43% year-over-year.

## Key Takeaway

Federal Bank's first quarter performance shows a divergence between sequential and year-over-year results. While the bank achieved year-over-year growth in profit and improvement in asset quality, the sequential quarter saw earnings decline due to higher employee costs and lower other income. The substantial drop in provisioning, consistent with improving asset quality, prevented a larger decline in pre-tax profit. The balance sheet expanded, while capital adequacy remained stable.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_18092026231557_SE_Intimation_MTN_Est_180926_S.pdf)
- 2026-09-17 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_17092026153810_SE_Intimation_Outcome_of_BM_170926_Final_S.pdf)
- 2026-09-16 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_16092026163143_SE_Intimation_Investor_Prior_Intimation_16_09_2026_Signed.pdf)
- 2026-09-12 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_13092026011051_ESOS_24424512_110926_SE_S.pdf)
- 2026-09-12 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_309_WebXMLFile_20260913_011904512.xml)
- 2026-09-11 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_309_WebXMLFile_20260911_200500432.xml)
- 2026-09-11 — Board Meeting Notice: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_11092026200755_Final_SE_BM_Intimation_MTN_Final_110926_S.pdf)
- 2026-09-11 — Board Meeting Notice: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_309_WebXMLFile_20260911_200500432.xml)
- 2026-09-08 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_309_WebXMLFile_20260908_110618592.xml)
- 2026-09-08 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_08092026105913_ESOS_2432440811_080926_SE_S.pdf)
- 2026-09-08 — Earnings Presentation: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_08092026185347_SE_Intimation_Investor_Presentation_08092026_Signed.pdf)
- 2026-09-05 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_309_WebXMLFile_20260905_185510318.xml)
- 2026-09-05 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_05092026185906_SE_Intimation_Investor_Pre_Meet_09092026_10092026_11092026_Signed.pdf)
- 2026-08-24 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_309_WebXMLFile_20260824_171909885.xml)
- 2026-08-24 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_24082026172141_SE_Intimation_Investor_Pre_Meet_27_08_2026_-_GROUP_MEETING_Signed.pdf)
- 2026-08-22 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_22082026232228_ESOS_24242_09_220826_SE_S.pdf)
- 2026-08-22 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_309_WebXMLFile_20260822_232732342.xml)
- 2026-08-21 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_21082026165528_AGM_Proceedings_21082026_S.pdf)
- 2026-08-21 — Regulatory Filing: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/RESULT_VOTING_1716919_21082026061010_WEB.xml)
- 2026-08-21 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_21082026181238_SE_Intimation_Scrutinizers_Report_for_the_95th_AGM_S.pdf)
- 2026-08-21 — Regulatory Filing: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/RESULT_VOTING_1716927_21082026061531_WEB.xml)
- 2026-08-21 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_21082026184632_FBL_AGM_Appt__Reappt_210826_S.pdf)
- 2026-08-21 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_309_WebXMLFile_20260821_190413678.xml)
- 2026-08-21 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_309_WebXMLFile_20260821_190614924.xml)
- 2026-08-21 — Generic Announcement: The Federal Bank  Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/FEDERALBNK_21082026190023_Outcome_of_the_Board_Meeting_21082026_S.pdf)

## News and market events

- 2026-09-17 — CNBC-TV18: **Federal Bank gets board nod to raise up to $500 million through bonds** — The programme will allow the lender to raise money in multiple tranches through bonds and foreign-currency notes, including from its GIFT City banking unit. — [Source](https://www.cnbctv18.com/business/companies/federal-bank-gets-board-nod-for-usd-500-million-bond-programme-to-raise-funds-19992916.htm)
- 2026-09-17 — CNBC-TV18: **Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today** — Midcap stocks outperformed the benchmark indices, keeping the market breadth in favour of advances. The National Stock Exchange's (NSE) advance-decline ratio stood at 2:1. As many as 35 Nifty stocks closed in the green, with insurance names among the top gainers. — [Source](https://www.cnbctv18.com/market/sensex-slips-22-points-nifty-rises-for-2nd-day-5-reasons-why-market-ended-mixed-today-19992874.htm)
- 2026-09-17 — Economic Times: **HDFC Bank is winning the mutual fund vote over ICICI Bank. Can the shift last?** — HDFC Banks stock has fallen 27% in 2026, while ICICI Bank has gained 1.6%. Yet mutual funds have increasingly favoured HDFC Bank, adding to the laggard while trimming ICICI Bank. By August-end, ICICI Bank remained the larger mutual-fund holding, but the recent flow pattern signals a shift in preference as investors assess HDFC Banks valuation and recovery potential. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-is-winning-the-mutual-fund-vote-over-icici-bank-can-the-shift-last/articleshow/134301441.cms)
- 2026-09-16 — BUSINESSTODAY: **YES Bank, BOB, PNB, IndusInd Bank, HDFC Bank shares: Key beneficiaries of MDR charges** — YES Bank share price, YES Bank shares, PNB share price, PNB shares, IndusInd Bank share price, HDFC Bank share price, MDR charges, UPI charges — [Source](https://www.businesstoday.in/markets/stocks/story/yes-bank-bob-pnb-indusind-bank-hdfc-bank-shares-key-beneficiaries-of-mdr-charges-555821-2026-09-16)
- 2026-09-16 — Economic Times: **Yes Bank shares jump 4% as Citi, Morgan Stanley see lender as key beneficiary of new UPI charges. Earnings boost ahead?** — Yes Bank shares rose sharply on Wednesday after Citi and Morgan Stanley identified the lender as a key beneficiary of new MDR charges on select UPI transactions above Rs 2,000. Citi expects the lender and other banks to see an earnings boost, while Morgan Stanley sees a smaller profit benefit than estimated earlier. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/yes-bank-shares-jump-4-as-citi-morgan-stanley-see-lender-as-key-beneficiary-of-new-upi-charges-earnings-boost-ahead/articleshow/134278712.cms)
- 2026-09-15 — Mint: **Personal loan interest rates September 2026: Axis Bank, HDFC, ICICI and 5 others start at 8.90% | Mint** — Compare personal loan interest rates in September 2026 from prominent private banks, including Axis, HDFC and ICICI. Check five-year EMI calculations, processing fees and key factors borrowers should consider before applying. — [Source](https://www.livemint.com/money/personal-finance/personal-loan-interest-rates-september-2026-axis-bank-hdfc-icici-and-5-others-start-at-890-11789450255753.html)
- 2026-09-14 — NEWS.WEBINDIA123.COM: **Paisabazaar and Federal Bank Launch Paisaback RUPAY Credit Card with 7.5% Cashback on Grocery Spends** — NewsVoir — [Source](https://news.webindia123.com/news/articles/business/20260914/4498393.html)
- 2026-09-12 — BUSINESSTODAY: **Japanese, Korean banks see massive EPS upgrades while India lags: Jefferies** — Japanese, Korean banks see massive EPS upgrades while India lags: Jefferies — [Source](https://www.businesstoday.in/latest/economy/story/japanese-korean-banks-see-massive-eps-upgrades-while-india-lags-jefferies-555073-2026-09-13)
- 2026-09-12 — Economic Times: **RBI to drain Rs 1 lakh crore as VRRR auctions fail to absorb liquidity** — The Reserve Bank of India will drain Rs 1 lakh crore through bond sales this month after VRRR auctions failed to absorb excess liquidity. The move follows dollar inflows, with Governor Sanjay Malhotra signalling multiple tools to manage surplus funds. — [Source](https://economictimes.indiatimes.com/markets/forex/forex-news/rbi-to-drain-rs-1-lakh-crore-as-vrrr-auctions-fail-to-absorb-liquidity/articleshow/134072926.cms)
- 2026-09-11 — CNBC-TV18: **Federal Bank to consider $500 million medium-term note programme on September 17** — Shares of Federal Bank Ltd ended at ₹344.40, down by ₹2.60, or 0.75%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/federal-bank-share-price-to-consider-500-million-medium-term-note-programme-on-september-17-19989698.htm)
- 2026-09-11 — Times of India: **Federal Bank, Paisabazaar launch Paisaback Credit Card with 7.5% cashback on grocery spends** — India Business News: Paisabazaar, a fintech platform, has partnered with Federal Bank to introduce the Federal Bank Paisabazaar Paisaback Credit Card, a cashback-focused c. — [Source](https://timesofindia.indiatimes.com/business/india-business/federal-bank-paisabazaar-launch-paisaback-credit-card-with-7-5-cashback-on-grocery-spends/articleshow/134061265.cms)
- 2026-09-11 — The Hindu: **Visa Makes Key Announcements at Global Fintech Fest 2026** — Visa Makes Key Announcements at Global Fintech Fest 2026 — [Source](https://www.thehindu.com/brandhub/pr-release/visa-makes-key-announcements-at-global-fintech-fest-2026/article71455101.ece)
- 2026-09-10 — The Hindu: **Visa demos AI-powered payments** — Visa demonstrated AI-powered payment experiences at Global Fintech Fest 2026, showcasing seamless transactions with major banks and fintech partners. — [Source](https://www.thehindubusinessline.com/money-and-banking/visa-demos-ai-powered-payments/article71451338.ece)
- 2026-09-09 — Economic Times: **Nifty’s next rally needs two battered warhorses to wake up. Which one will revive first?** — For a continued uptrend, India's Nifty index relies heavily on the resurgence of the banking and IT sectors. Banks are poised for a quicker recovery owing to factors like enhanced liquidity and credit growth. Meanwhile, while IT firms navigate the complexities posed by AI, they still present attractive valuation opportunities for selective investments. Foreign investor activity remains pivotal in determining market trends, with small and mid-cap stocks currently gaining traction. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/niftys-next-rally-needs-two-battered-warhorses-to-wake-up-which-one-will-revive-first/articleshow/133951366.cms)
- 2026-09-09 — Mint: **Banks scramble for foreign loans after FCNR deluge | Mint** — Indian banks are pursuing overseas funding through OFCBs to replace short-term financing used for FCNR(B) schemes — [Source](https://www.livemint.com/industry/banking/banks-offshore-funding-127-billion-fcnr-b-deposit-scheme-nri-rbi-11788846434018.html)
- 2026-09-08 — Mint: **Which mid-cap stocks are fund managers chasing? Federal Bank leads the list, Swiggy enters top 10 | Mint** — Fund managers are reshuffling their mid-cap bets, with some stocks gaining traction. The July portfolio disclosures of actively managed funds reveal the changing favourites and offer clues about where institutional interest is building. — [Source](https://www.livemint.com/money/personal-finance/which-mid-cap-stocks-are-fund-managers-chasing-federal-bank-leads-the-list-swiggy-enters-top-10-11788883112167.html)
- 2026-08-31 — MONEYCONTROL: **HDFC Bank leads as credit card additions hit 12-month high. But who is gaining market share?** — HDFC Bank credit cards, credit card market share, India credit card market, RBI credit card data, IDFC First Bank credit cards, SBI credit cards, ICICI Bank credit cards, Axis Bank credit cards — [Source](https://www.moneycontrol.com/news/business/personal-finance/hdfc-bank-leads-as-credit-card-additions-hit-12-month-high-but-who-is-gaining-market-share-14019047.html)
- 2026-08-31 — CNBC-TV18: **Here's what transpired in today's CAS that triggered a 600-point jump on the Nifty Bank** — At the end of the closing auction session, the turnover logged on the NSE website showed a figure of ₹39,717 crore, the highest since the implementation of CAS. The average daily turnover has ranged between ₹1,000 crore to ₹1,200 crore. — [Source](https://www.cnbctv18.com/market/nifty-bank-sees-sharp-upmove-in-cas-record-nse-turnover-msci-rebalancing-eternal-laurus-icici-axis-adani-share-price-19980557.htm)
- 2026-08-28 — BUSINESS: **Federal Bank Ltd Surges 3.17%** — Federal Bank Ltd has lost 4.02% over last one month compared to 0.09% gain in BSE BANKEX index and 0.68% drop in the SENSEX — [Source](https://www.business-standard.com/markets/capital-market-news/federal-bank-ltd-surges-3-17-126082800192_1.html)
- 2026-08-27 — MONEYCONTROL: **Is the best behind for the Federal Bank stock?** — MCPro, Moneycontrol Research, Stock Recommendation, Q1 FY27, Federal Bank — [Source](https://www.moneycontrol.com/news/business/moneycontrol-research/is-the-best-behind-for-the-federal-bank-stock-14016521.html)
- 2026-08-27 — Economic Times: **Lenders may turn to OFCB route to raise more funds abroad** — Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an advanced deadline on August 31 that altered original plans tied to deposit-linked fundraising. With the Reserve Bank of India (RBI) moving the timeline forward, many lenders have revised their bond issuance approaches. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/lenders-exploring-ofcb-route-as-a-strategic-avenue-to-access-overseas-funds/articleshow/133553264.cms)
- 2026-08-26 — FREEPRESSJOURNAL.IN: **Jana Small Finance Bank Shares Fall 4% As Federal Bank Takeover Report Raises Integration Concerns** — Jana Small Finance Bank shares declined for a second day after reports suggested Federal Bank could acquire a controlling stake in the lender. Both banks later said there was no material information requiring disclosure. Citi highlighted potential benefits from the deal but warned of integration, funding and unsecured-loan risks — [Source](https://www.freepressjournal.in/business/jana-small-finance-bank-shares-fall-4-as-federal-bank-takeover-report-raises-integration-concerns)
- 2026-08-26 — BUSINESS: **Fedbank Financial board raises borrowing limit to Rs 23,000 crore** — Fedbank Financial Services said that its board has approved an increase in aggregate borrowing limits of the company to Rs 23,000 crore from Rs 18,000 crore earlier. — [Source](https://www.business-standard.com/markets/capital-market-news/fedbank-financial-board-raises-borrowing-limit-to-rs-23-000-crore-126082600369_1.html)
- 2026-08-26 — Economic Times: **Federal Bank falls 3% on report of Jana Small Finance Bank stake acquisition** — Federal Bank shares fell nearly 3% after reports that the lender may acquire a controlling stake in Jana Small Finance Bank. The deal could involve buying Jana Holdings’ 16.9% stake followed by an open offer. Jana Holdings is seeking to sell its stake to meet bond repayment obligations by December 2026. — [Source](https://cfo.economictimes.indiatimes.com/news/strategy-operations/federal-bank-falls-3-on-report-of-jana-small-finance-bank-stake-acquisition/133528403)
- 2026-08-26 — Economic Times: **India adds 1.26 million credit cards in July as spending rises; HDFC, SBI lead the way** — healthy demand Industry card additions rise 11.5% over June; Card spends hold above ₹2 lakh-crore mark; Transaction volumes surge but the value per transaction declines — [Source](https://economictimes.indiatimes.com/markets/stocks/news/india-adds-1-26-million-credit-cards-in-july-as-spending-rises-hdfc-sbi-lead-the-way/articleshow/133526854.cms)

## Business profile

**Strategic vision:** Indian commercial bank focused on digital innovation and inclusive finance.

### Business segments
- **Commercial Banking:** Federal Bank operates as a commercial bank serving personal, NRI, and business segments across urban and rural India.
- **Fedbank Financial Services Limited (FedFina):** FedFina is the non-banking financial arm providing various loan products, including working capital loans against mortgaged property and gold.
- **Equirus Capital Private Limited:** This associate entity is involved in investment banking activities such as IPO management and debt facilities.

### Competitive strengths
- Established operational and technology subsidiaries for service excellence and cost efficiencies.
- A public charitable trust dedicated to promoting banking knowledge and awareness.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/federalbnk
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