24 Oct 2025 | 3 Mins Read
Federal Bank shares gain momentum before capital increase approval
Flipitmoney
Federal Bank Ltd's board meets to consider a proposal to raise funds, potentially through a rights issue or QIP, using up to 9.99% of the total equity. The lender had a capital to risk-weighted assets ratio of 15.71% and a credit-deposit ratio of 84.7% at the end of the September quarter. Shares have gained 18% in the last month.