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Federal Bank Ltd. (India) ( (IN:FEDERALBNK) ) just unveiled an update.
Federal Bank Ltd. announced the allotment of 84,700 equity shares following the exercise of stock options under its ESOS 2017 scheme. This move aims to enhance employee engagement and retention, reflecting the bank’s commitment to aligning employee interests with organizational growth, potentially strengthening its competitive edge in the industry.
More about Federal Bank Ltd. (India)
Federal Bank Ltd. is a prominent financial institution in India, operating in the banking industry. It offers a wide range of financial services, including retail and corporate banking, with a focus on leveraging technology and customer-centric solutions to strengthen its market position.
YTD Price Performance: -4.71%
Average Trading Volume: 348,561
Current Market Cap: 456.8B INR
For detailed information about FEDERALBNK stock, go to TipRanks’ Stock Analysis page.