The Federal Bank500469Banking
Federal Bank management said they are not in active discussions on any inorganic acquisition, easing investor concerns about a microfinance buyout; stock surged to day's highs
By ScoutQuest · · 1 min read
Heard on business television between 12:39:45 - 12:42:45 IST.
- Federal Bank stock surged to day's highest levels after management comments on Live TV News Channel.
- Management said NIMs were preserved despite FCNR inflows, unlike some other banks.
- On acquisition buzz around a microfinance company, management clarified they evaluate inorganic opportunities in the normal course of business but are currently focused on organic strategy execution and are not in active discussions on any inorganic opportunity.
- Management declined to comment on specific names regarding potential acquisitions.
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Source: Live TV News Channel · 19 Oct 2026
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