online payment transaction fee will be charged by payment gateway :


  1. Net Banking Transaction Charges for ICICI Bank, HDFC Bank, AXIS Bank, SBI & Associate Rs.15 + GST
  2. Net Banking Transaction Charges except from mentioned above banks Rs.10 + GST
  3. All Bank debit cards Rs.30 + GST
Click OK to agree and proceed
Terms & Conditions

OK
We sincerely thank you for trusting us.
Please wait while we are redirecting...
Thank you for submitting your details.
We will get in touch with you shortly.

Fedfina's Rs 79 crore rights issue fully subscribed by existing shareholders

Mumbai, Oct 20, 2021: 

The ₹ 79 crore rights issue of Fedbank Financial Services Ltd (Fedfina) was fully subscribed by its existing shareholders. Company’s tier 1 capital adequacy ratio which stood at 16.81% in Q2FY21 (FY20: 17.53%, FY19: 21.42%, FY18: 16.85%) further strengthened with this infusion. The capital infusion by Federal Bank and True North Fund V was in the ratio of their respective shareholding in Mar’20, i.e. 74% and 26% respectively.

The parent has provided financial support to the company through regular capital infusions (around ₹ 2.49 billion since inception), with the most recent infusion of ₹ 80 crore in Mar’20.

Category : Capital   |  20 Oct 2021   |  12:00


@ 2021 | Copyright of Fedbank

CIN No : U65910MH1995PLC364635

UPDATES OVER WHATS APP

COMING SOON!!!

Do you want to receive important information and updates over WhatsApp

Note: By entering your mobile no., you agree to the T&C and allow us to send you WhatsApp notification

Thanks a lot!

You have successfully subscribed to notification and
updates over WhatsApp