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Media Coverage

  • VC Circle

    Federal Bank, which currently holds a 74% stake in Fedfina, will acquire shares at a price of Rs. 70 a piece. 

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  • CNBC

    Federal Bank is looking to sell a controlling stake in Fedfina to raise funds, according to sources. They hold about 74 percent in Fedfina which they could bring down to about 20 percent.

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  • Global Prime News

    Initially the aim was to raise ₹ 100 Crores through debentures, with a Green shoe option to retain oversubscription upto ₹ 100 Crores.

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  • BW Disrupt

    Fedfina (Fedbank Financial Services), India’s non-banking financial services companies, forayed into the Indian bond market last week.

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  • Business Standard

    Private sector lender Federal Bank Thursday said the board of its NBFC arm Fedfina has approved divesting 17.40 per cent shares of the company to True North Fund VI LLP for a total consideration of Rs 168.60 crore.

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  • Mint

    The board of Federal Bank Ltd has approved a 26% strategic investment by homegrown private equity player True North in its subsidiary, FedBank Financial Services Ltd (FedFina), the private sector lender said in a statement.

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  • The Hindu

    Fedfina (Fedbank Financial Services Ltd.) has drawn up a plan to increase its assets under management (AUM) by nearly eight times in five years, said a top official.

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  • Economic Times

    The Federal Bank board has approved 26% strategic investment by private equity player True North in its wholly owned subsidiary - FedBank Financial Services (FedFina), a move that will help the company to grow its loans.

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