BSE BANKEX News and Updates

Name: Latest research reports of Federal Bank Ltd. authored by Axis Direct and published by - Trendlyne research reports.
Item: Federal Bank Ltd.
Rating: 5
Author: Axis Direct

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IndusInd Bank Ltd.

31 Mar 2025, 07:12PM

856.75

2.19%

PSU banks invest heavily in IndusInd Bank CDs due to attractive rates

Business Standard

Market sources indicated that IndusInd Bank's fiasco may have prompted large state-owned banks to tap the CD market to raise funds for investing in IndusInd Bank's CDs

Number of FII/FPI investors decreased from 772 to 751 in Mar 2025 qtr

IndusInd Bank Ltd.

30 Mar 2025

856.75

2.19%

RCap lenders withdraw petition against IndusInd International Holdings at NCLAT

Business Line

IIHL had on March 19 took control of RCap after completing a three-year resolution process after paying off the debt-ridden firm's lenders

Emkay downgraded IndusInd Bank Ltd. to Sell with a price target of 725.0 on 30 Apr, 2025.

RCap lenders withdraw petition against IndusInd International at NCLAT

Business Standard | 30 Mar 2025

HDFC Bank Ltd.

30 Mar 2025

1931.90

0.36%

Mcap: 8 of 10 most-valued firms climb 88,085.89 cr; HDFC Bank biggest gainer

Business Line

Last week, the BSE benchmark gauge climbed 509.41 points, or 0.66 per cent.

HDFC Bank Ltd. has an average target of 2152.22 from 10 brokers.

YES Bank Ltd.

30 Mar 2025

17.79

0.40%

Yes Bank gets demand notice of Rs 2,209 crore from I-T dept for AY20

Business Standard

Yes Bank on Saturday said it has received a demand notice of Rs 2,209 crore for the assessment year 2019-20. The said assessment year was reopened by the income-tax department in April 2023, Yes Bank said in a regulatory filing. The reassessment order was passed by the National Faceless Assessment Unit of the income-tax department on March 28, wherein no additional disallowances or additions were made, that is, the grounds on which the reassessment proceedings were initiated have been dropped, it said. Thus, the total income that was assessed in the original assessment order passed under section 144 of the Income Tax Act has remained unchanged in the reassessment order and consequently, no demand should have been raised against the bank, it said. However, it said, despite this, the computation sheet and the Notice of Demand issued under section 156 of the Act, of even date, have raised an income-tax demand amounting to Rs 2,209.17 crore, including interest of Rs 243.02 crore, which

YES Bank Ltd. has an average target of 20.00 from 1 broker.

Yes Bank Receives Tax Demand Of Rs 2,209.17 Crore For AY20

NDTV Profit | 29 Mar 2025

Federal Bank Ltd.

29 Mar 2025

190.01

-3.39%

Pick of the Week:Federal Bank

Buy: Federal Bank Ltd.

Target

Axis Direct

We recommend a BUY rating on the stock with a target price of Rs 213/share, implying an upside of 10% from the CMP.

Federal Bank Ltd. has an average target of 226.18 from 12 brokers.

ICICI Bank Ltd.

28 Mar 2025

1434.20

0.50%

Delegation of employees alleging unfair dismissal by ICICI Bank meets Rahul

Business Standard

A delegation of employees alleging unfair dismissal by the ICICI Bank met with Leader of the Opposition in the Lok Sabha Rahul Gandhi on Friday and shared accounts of being "abruptly terminated" while on medical leave or for raising concerns about management practices. The delegation of employees alleging unfair dismissal by the bank met Gandhi at his office at the Parliament House Complex. There was no immediate reaction from the private bank. They shared accounts of being abruptly terminated while on medical leave, during periods of sanctioned absence, or for raising concerns about management practices, the Congress said in a post on X. The employees highlighted that such practices are not isolated to ICICI Bank but reflect a broader trend across private sector banks, driven by mounting pressure to maximise profits.

Number of FII/FPI investors increased from 2388 to 2439 in Mar 2025 qtr.

IndusInd Bank Ltd.

28 Mar 2025

856.75

2.19%

IndusInd Bank shares drop ahead of PwC's likely report on accounting issues

Business Standard

Reports suggest that external auditor PwC would submit its report to IndusInd Bank's board regarding accounting discrepancies in its derivatives portfolio today