Federal Bank Ltd. (India) ( (IN:FEDERALBNK) ) just unveiled an announcement.
Federal Bank Ltd. announced the allotment of 163,304 equity shares following the exercise of stock options under its Employee Stock Option Scheme 2017. This move reflects the bank’s commitment to rewarding its employees and could enhance employee motivation and retention, potentially impacting the bank’s operational efficiency and market position positively.
More about Federal Bank Ltd. (India)
Federal Bank Ltd. is a prominent financial institution in India, primarily engaged in providing a wide range of banking and financial services. The bank focuses on retail and corporate banking, offering products such as loans, deposits, and investment services, with a strong presence in the Indian market.
YTD Price Performance: -6.61%
Average Trading Volume: 203,882
Current Market Cap: 454.9B INR
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