ALPHA TRIBE

Fedbank Financial Services LimitedOthers, 28-07-2025: Appointment

28-07-2025 | 05:58 pm

Fedbank Financial Services has announced a board meeting where the financial results for the quarter were approved. The company reported a net profit of 75.01 crore for the quarter ended June 30, 2025, with an EPS of 2.01. The board also noted the completion of the Company Secretary's term and appointed Mr. Parthasarathy Rajagopal Iyengar as the new Company Secretary and KMP from August 1, 2025. Additionally, the company sold non-performing assets worth 25.45 crore for 1,756 crores and transferred 1,074.88 crore in performing loans. IPO funds have been fully utilized to augment Tier I capital with no deviation.

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