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Price when posted : NSE: Rs. 154.55
the federal bank limited (the bank) is a banking company. the bank is engaged in providing banking and financial services, including retail banking, corporate banking and treasury operations. its segments include treasury, corporate/wholesale banking and retail banking. its treasury segment operations include trading and investments in government securities and corporate debt instruments, equity and mutual funds, derivatives, and foreign exchange operations on proprietary account and for customers. its corporate/ wholesale banking segment consists of lending of funds, acceptance of deposits and other banking services to corporates, trusts, partnership firms and statutory bodies. its retail banking segment constitutes lending of funds, acceptance of deposits and other banking services to any legal person, including small business customers. the bank has a network of 1272 branches in india. it also offers para banking activities, such as debit card and third-party product distribution.
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Price when posted : NSE: Rs. 154.55
all major brokerage house and fiis are extremely bullish on federal bank and given target rs 170 to 190/-
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