Clarification25 Sept 2026, 06:20 pm
Federal Bank Clarifies No Material Event Regarding Jana SFB Deal Rumors
AI Summary
Federal Bank Ltd has issued a clarification regarding news of a potential deal with Jana Small Finance Bank. The bank stated that while it evaluates growth opportunities in the ordinary course of business, there is no material event or information requiring disclosure under SEBI (LODR) Regulations, 2015. The bank also confirmed it is not aware of any undisclosed information that could explain trading activity.
Key Highlights
- Federal Bank denies any material event requiring disclosure.
- Bank evaluates growth opportunities in the ordinary course.
- No undisclosed information known to explain trading activity.
- Clarification issued regarding Jana SFB deal rumors.
Price Impact
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