FEDERALBNK.NSE

Federal Bank Ltd.

Mysore/Mysuru : Dr. N.R. Parasuraman (67), former Director and Director Emeritus of city’s SDM-IMD (Shri Dharmasthala Manjunatheshwara Institute for Management Development) and a resident of Cauvery Appartments in V.V. Mohalla, passed away following brief illness at a private hospital in city on Aug. 26. He is survived by his wife Prema Parasuraman, daughter Kavitha, son Ramaswamy and a host of relatives and friends. Last rites were held at the foot of Chamundi Hill yesterday. A multi-faceted achiever, a Corporate Legal and Financial Management Professional, Dr. Parasuraman had served as the Company Secretary at Federal Bank in Kochi, before joining SDM-IMD as an Academic in 1998. He was the longest serving Director of SDM-IMD (2011 to 2023). As the Director of SDM-IMD, he initiated the internationalisation process in 2016 securing the ACBSP, USA accreditation followed by the EFMD, EU accreditation for the 2-tear PGDM Programme thus placing SDM-IMD firmly on the intl. B-School map. He was also a scholarly music practitioner and a vocalist in the Karnatak Music traditions.

Federal Bank Ltd. (India) ( ($IN:FEDERALBNK) ) just unveiled an announcement. Federal Bank Ltd. has announced the allotment of 149,310 equity share...

In a July 30 exchange filing, the Kerala-based bank announced that August 22, 2025, has been set as the record date to identify shareholders eligible for its final dividend for the financial year ending March 31, 2025.

The analyst said sustaining above ₹202 could trigger upside towards ₹208–212.

The bank’s earnings came under pressure from rising provisions and soft return ratios, while the stock broke key support levels with heavy volume.