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Federal Bank announces revision in Business Hours of Branches

Posted On: 2020-03-23 17:58:56

In the wake of Covid-19 outbreak and various control measures taken by government authorities, business hours of our branches are being revised for the period from 23rd March to 27th March 2020. All our Branches except those in Telangana will be working from 10 am to 2 pm on these days. Branches in Telangana state will be working from 10.30 am to 2.30 pm. As advised by Indian Banks' Association, only essential services viz, cash deposit and withdrawal, cheque clearing, remittances and government transactions will be rendered on these days through our branches.

Daily cash withdrawal limit in debit cards has been enhanced to Rs. 1 Lakh. All our digital banking services will be functional round the clock.

Shares of FEDERAL BANK LTD. was last trading in BSE at Rs.40.15 as compared to the previous close of Rs. 52.85. The total number of shares traded during the day was 817116 in over 6184 trades.

The stock hit an intraday high of Rs. 51 and intraday low of 39.85. The net turnover during the day was Rs. 35025265.


Source: Equity Bulls

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