VinFast India has signed an MoU with Federal Bank to provide customized inventory financing solutions for the Authorised Dealer (AD) network of the company.
VinFast India has signed an MoU with Federal Bank to provide customized inventory financing solutions for the Authorised Dealer (AD) network of the company.
Federal Bank Ltd has launched the 'FCNR Max Deposit Scheme', a Foreign Currency Non-Resident (Bank) [FCNR(B)] deposit product for Non-Resident Indians (NRIs).
The scheme offers an annual interest rate of 6.25% on USD deposits with tenures ranging from 3 to 5 years and is valid until September 2026.
Shyam Srinivasan, the former MD and CEO of Federal Bank, has released his debut book titled “Better Never Stops”.
The book, published by Wyzr Content Pvt Ltd, is a leadership-focused memoir drawing from his experience of more than 30 years in the Indian banking and financial services sector.
The RBI has granted approval to Kotak Mahindra Bank Limited (KMBL) to acquire an equity stake of up to 9.99% in the paid-up share capital or voting rights of AU Small Finance Bank and Federal Bank Ltd. It is to be noted that the latter is one of the largest mid-sized private sector lenders in India based on market capitalisation (m-cap).