Banking News

Federal Bank Ltd board recommends final dividend of Rs. 0.70


The Board of directors of Federal Bank Ltd has also recommended the payment of final Dividend @ Rs.0.70 per equity share i.e., 35.00% on the Equity Shares of the Bank and the same will be payable after Shareholders approval in the 90th Annual General Meeting of the Bank.

Shares of FEDERAL BANK LTD. was last trading in BSE at Rs.79.7 as compared to the previous close of Rs. 81.65. The total number of shares traded during the day was 1351859 in over 5142 trades.

The stock hit an intraday high of Rs. 82.85 and intraday low of 79.1. The net turnover during the day was Rs. 108951008.


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