Federal Bank Recruitment of Officers & Clerks 2017

Federal Bank has published Advertisement for below mentioned Posts 2017. Other details like age limit, educational qualification, selection process, application fee and how to apply are given below.

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Federal Bank Q1 profit up 26% at Rs. 210 cr

Private sector lender Federal Bank has registered a rise of 25.6 per cent in its net profit at Rs. 210.15 crore for first quarter of the current fiscal on higher core income and good returns on investments.

Also, bad loans of the bank came down during the quarter.The bank’s net profit in the corresponding three months to June in 2016-17 stood at Rs. 167.31 crore.Total income of the bank increased to Rs. 2,653.19 crore for the quarter, against Rs. 2,263.84 crore in the year ago period, the bank said in a regulatory filing.

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Federal Bank Recruitment Process for the post of Clerks and Officers 2017

Federal Bank has published Advertisement for below mentioned Posts 2017. Other details like age limit, educational qualification, selection process, application fee and how to apply are given below.

Posts:

• Clerk
• The candidate shall not exceed 24 years as on 01.06.2017 (candidates should be born on or after 01.06.1993) for being eligible for the post of Clerk.
• Candidates who completes / had completed Graduation with minimum 55% marks for Science discipline and minimum 50% marks for other streams during academic year 2016-17 (passed out in May / June 2017) from any recognized university or other institutions established by an Act of Parliament or declared to be deemed as a University under Section 3 of U G C Act, 1956.

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Federal Bank Q4 result, profit jumps 25 times

Private sector lender Federal Bank's fourth quarter profit shot up nearly 25 times to Rs 256.6 crore compared with same quarter last fiscal, driven by improvement in asset quality and lower provisions.Net interest income during the quarter grew 23 percent to Rs 842.4 crore, with loan growth of 26 percent at Rs 73,336.27 crore compared with year-ago quarter.

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Top 10 Private Banks in India 2017

Banking corporations are considered as the most prominent institution if we talk about private sector firms. We have scrutinized Top 10 Private Banks In India 2017 for the customers who are looking for best private banks with high interest rate. Now your wait is over, check out below given amazing private banking corporations along with saving accounts and interest rate details. The Private Banks Have earned popularity amongst people and achieved a special niche in the world of banking. These banks are known for highly competitive outlook and technological superiority. Check Out private Banks in India from below This Page.

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Federal Bank Q3 result, Profit rises 26.38% to Rs205.65 crore

Federal Bank Ltd on Thursday reported a 26.38% increase in its net profit for the December quarter due to increase in net interest income and other income.

Net profit for the quarter stood at Rs205.65 crore compared to Rs162.72 crore a year ago. According to estimates of 15 Bloomberg analysts, the bank was expected to post a net profit of Rs203 crore.

                                  

Net interest income (NII), or the core income a bank earns by giving loans, rose 30.74% to Rs791.93 crore in the December quarter from Rs605.69 crore last year.

Other income increased 44.03% to Rs263.33 crore from Rs182.82 crore in the same period last year.

Gross non-performing assets (NPAs) at Federal Bank rose 7.24% to Rs1,951.55 crore at the end of the December quarter from Rs1,819.72 crore in the September quarter. On a year-on-year basis, gross NPAs jumped 15.88% from Rs1,684.11 crore. As a percentage of total loans, gross NPAs were at 2.77% at the end of the December quarter, against 2.78% in the previous quarter and 3.15% in the year-ago quarter.

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Federal Bank Q2 result, Profit up 24.78% to Rs201.24 crore

Federal Bank on Tuesday reported 24.78% increase in its net profit for the September quarter on higher net interest income and other income.

Net profit for the quarter stood at Rs.201.24 crore as compared to Rs.161.28 crore a year ago. According to estimates of 16 Bloomberg analysts, the bank was expected to post a net profit of Rs.183.20 crore.

Net interest income (NII), or the core income a bank earns by giving loans, rose 19% to Rs.726.19 crore in the September quarter from Rs.610.68 crore last year.

Other income increased 45.41% to Rs.261.64 crore from Rs.179.93 crore in the same period last year.

Gross non-performing assets (NPAs) at Federal Bank rose 4.14% to Rs.1,819.72 crore at the end of the September quarter from Rs.1,747.31 crore in the June quarter. On a year-on-year basis, gross NPAs jumped 21.42% from Rs.1,498.73 crore. As a percentage of total loans, gross NPAs were at 2.78% at the end of the September quarter as compared to 2.92% in the previous quarter and 2.9% in the year-ago quarter.

Provisions and contingencies fell 0.05% to Rs.168.40 crore in the quarter from Rs.168.48 crore a quarter ago. On a year-on-year basis, provisions jumped 93% from Rs.87.28 crore. Net NPAs were at 1.61% in the September quarter compared to 1.68% in the previous quarter and 1.33% in the same quarter last year.

Total deposits rose 17% from a year earlier to Rs.8,630 crore, while total advances rose 27.17% to Rs.5,087 crore.

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Federal Bank Q1 Result, Net Jumps 18.3%

Private lender Federal Bank today reported a rise of 18.3 percent in net profit at Rs 167.3 crore during the June quarter of the current fiscal. 

The bank had reported a net profit of Rs 141.4 crore in April-June of 2015-16. The total earnings of the bank increased to Rs 2,250.8 crore for the quarter under review, as against Rs 2,107.09 crore a year before, the bank said in a regulatory filing. 

The bank kept its grip on asset quality as it saw only a marginal uptick in its bad loan profile, with gross non-performing assets (NPAs) rising to 2.92 percent of gross advances as of June 2016 against 2.59 percent a year ago. 

Net NPAs were at 1.68 percent of net loans at the end of June, up from 0.98 percent in the previous year. Provisions went up to Rs 168.48 crore as of June 2016 as against Rs 153.10 crore at the end of June 2015.

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Federal Bank net profit tanks 96 pct to Rs 10 cr in Q4

Private sector lender Federal Bank today reported a 96 percent decline in net profit to Rs 10.26 crore for the fourth quarter ended March 31, due to higher provisioning. 

The company had posted a net profit of Rs 280.53 crore in the year ago period. Total income during January-March rose to Rs 2,253.38 crore from Rs 2,214.28 crore in the year ago period, the company said in a regulatory filing. 

As per the company's balance sheet its provisions rose to Rs 388.64 crore in January-march from Rs 39.78 crore in the same period of the 2014-15 fiscal. 

For the full fiscal, profit sharply declined to Rs 486.42 crore from Rs 1057.81 crore in 2014-15 fiscal. 

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Top 10 Private Banks in India 2016

In Indian economy Private bank is the most regulated sector and most of the citizens prefer private banks because these banks provide quality services to their customers. They generate more profit than most of the nationalized banks and thus these banks have great importance in countries national income. These banks are famous for quality based products and customer centric service. If you are hungry for the best private sector banks, then don’t miss to read this article. Here is a valuable list of top 10 best private banks India.

1. HDFC Bank

HDFC Bank or Housing Development Finance Corporation Limited is the number one bank in India according to the market capital and is in 5^th position according to assets value. It is the first private bank in India that received RBI approval to establish a bank. It has more than 3200 branches all over India and 12000+ ATM’s. At present the bank is dealing these services: FOREX services, Loans, Insurance, Credit cards, Private Banking, Premium Banking etc.

 

 

2. ICICI Bank

According to the quantity of assets, ICICI Bank or the Industrial Credit and Investment Corporation of India is the 2^nd largest private bank that was formed in 1994. In 2014, the bank was awarded with the best bank by Global Business Development. The bank has current assets value is 99 billion USD and all over India it has 3540 branches and 11200 ATM’s. At present the bank is dealing these services: Privilege Banking, NRI Accounts, Credit cards, Insurance, Loans, etc.

 

 

 

 

3. Axis Bank

Formally known as UTI Bank, Axis bank is also a leading private bank in India that is operating its service from 1994. It occupies 3^rd position in Indian banking market. This bank deals with the services like: customer and corporate banking, insurance and finance, credit cards, mortgage loans, investment banking, wealth management, credit cards etc.

4. Kotak Mahindra Bank

Formally the bank was known as Kotak Mahindra Finance Limited and was established in 1995 and got license to run banking business in 2003. The bank is available not only in Metro Cities but available also in Tier-2 cities. At present the bank is dealing these services: NRI Banking, Privileged Banking, Insurance and Finance, Wholesale Banking etc.

 

 

 

5. Yes Bank

In the list of 10 top best banks, Yes bank occupies 6^th position. In January 2004, the bank was founded by Rana Kapoor and it’s headquarter is in Mumbai. This is one of the fast growing private banks in India with 500 branches in more than 350cities. In 2013 the bank was awarded with Golden Peacock Award for its Corporate Social Responsibility. At present the bank is dealing these services: Commercial Banking, Corporate and Institutional Banking, Investment Banking, Branch Banking etc.

6. Federal Bank

This bank was founded in the year 1947 and was formally known as Travancore Federal Bank. The founder of this bank is Mr. K P Hormis. The bank has more than 1000 branches all over the country. From its first day of operation the bank is striving for excellence in customer service. At present the bank is dealing these services: Insurance and NRI Banking, Corporate Banking, Loans etc.

 

 

7. Karur Vysya Bank

Karur Vysya Bank is also a well-known figure in this top 10 best private bank list. The bank was founded by M.A. Venkatarama Chettiar and Athi Krishna Chettiar in 1916. It’s headquarter is in Karur, TamilNadu. This is also a scheduled commercial bank in India that is famous for excellent customer service. Karur Vysya Bank has more than 550 branches in 18 states.

8. IndusInd Bank

The bank was founded in 1994 by Srichand P. Hinduja. He was the Chairman of the Hinduja Group. It’s headquarter is in Mumbai, Maharashtra. The name of the bank came from the name of the Indus Valley Civilization. This bank is better known for retail banking.

 

9. J&K Bank

This bank was founded in 1938 in Srinagar and started its operation in 1939. For four decades it has a record of continuous profit.

 

 

 

 

 

10. Bandhan Bank

It is an Indian banking and financial services company. It’s headquarter is in Kolkata. Along with IDFC Bandhan is also the newest private bank in India. Bandhan receives its license from RBI in 2014 and started its operation in early 2015.

Read More

Top 10 Private Banks in India 2016

In Indian economy Private bank is the most regulated sector and most of the citizens prefer private banks because these banks provide quality services to their customers. They generate more profit than most of the nationalized banks and thus these banks have great importance in countries national income. These banks are famous for quality based products and customer centric service. If you are hungry for the best private sector banks, then don’t miss to read this article. Here is a valuable list of top 10 best private banks India.

 1. HDFC Bank

HDFC Bank or Housing Development Finance Corporation Limited is the number one bank in India according to the market capital and is in 5^th position according to assets value. It is the first private bank in India that received RBI approval to establish a bank. It has more than 3200 branches all over India and 12000+ ATM’s. At present the bank is dealing these services: FOREX services, Loans, Insurance, Credit cards, Private Banking, Premium Banking etc.

 

 

2. ICICI Bank

According to the quantity of assets, ICICI Bank or the Industrial Credit and Investment Corporation of India is the 2^nd largest private bank that was formed in 1994. In 2014, the bank was awarded with the best bank by Global Business Development. The bank has current assets value is 99 billion USD and all over India it has 3540 branches and 11200 ATM’s. At present the bank is dealing these services: Privilege Banking, NRI Accounts, Credit cards, Insurance, Loans, etc.

 

 

 

 

3. Axis Bank

Formally known as UTI Bank, Axis bank is also a leading private bank in India that is operating its service from 1994. It occupies 3^rd position in Indian banking market. This bank deals with the services like: customer and corporate banking, insurance and finance, credit cards, mortgage loans, investment banking, wealth management, credit cards etc.

4. Kotak Mahindra Bank

Formally the bank was known as Kotak Mahindra Finance Limited and was established in 1995 and got license to run banking business in 2003. The bank is available not only in Metro Cities but available also in Tier-2 cities. At present the bank is dealing these services: NRI Banking, Privileged Banking, Insurance and Finance, Wholesale Banking etc.

 

 

 

5. Yes Bank

In the list of 10 top best banks, Yes bank occupies 6^th position. In January 2004, the bank was founded by Rana Kapoor and it’s headquarter is in Mumbai. This is one of the fast growing private banks in India with 500 branches in more than 350cities. In 2013 the bank was awarded with Golden Peacock Award for its Corporate Social Responsibility. At present the bank is dealing these services: Commercial Banking, Corporate and Institutional Banking, Investment Banking, Branch Banking etc.

6. Federal Bank

This bank was founded in the year 1947 and was formally known as Travancore Federal Bank. The founder of this bank is Mr. K P Hormis. The bank has more than 1000 branches all over the country. From its first day of operation the bank is striving for excellence in customer service. At present the bank is dealing these services: Insurance and NRI Banking, Corporate Banking, Loans etc.

 

 

7. Karur Vysya Bank

Karur Vysya Bank is also a well-known figure in this top 10 best private bank list. The bank was founded by M.A. Venkatarama Chettiar and Athi Krishna Chettiar in 1916. It’s headquarter is in Karur, TamilNadu. This is also a scheduled commercial bank in India that is famous for excellent customer service. Karur Vysya Bank has more than 550 branches in 18 states.

8. IndusInd Bank

The bank was founded in 1994 by Srichand P. Hinduja. He was the Chairman of the Hinduja Group. It’s headquarter is in Mumbai, Maharashtra. The name of the bank came from the name of the Indus Valley Civilization. This bank is better known for retail banking.

 

9. J&K Bank

This bank was founded in 1938 in Srinagar and started its operation in 1939. For four decades it has a record of continuous profit.

 

 

 

 

 

10. Bandhan Bank

It is an Indian banking and financial services company. It’s headquarter is in Kolkata. Along with IDFC Bandhan is also the newest private bank in India. Bandhan receives its license from RBI in 2014 and started its operation in early 2015.

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