Shares of Federal Bank declined today after reports that L&T finance sold shares to trim holdings in the company. The shares were last trading at Rs 461.40, down 1.57% on the Bombay Stock Exchange.
L&T Finance Holdings had said it plans to raise about $65 million by selling its 4.7% stake in the bank, according to a source and a term sheet obtained by Reuters.
Federal Bank is amongst the reputed private sector banks in the country, with a solid NRI client base.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google