Federal Bank board okays Rs 10,000 Cr debt raise, sets Aug 14 record date

Federal Bank's board approved raising up to Rs 10,000 Crores through debt instruments including AT1 bonds, Tier II bonds, long term bonds, Masala Bonds, Green Bonds and non-convertible debentures on a private placement basis, subject to shareholder and RBI approvals. The board recommended re-appointment of Mr. Sankarshan Basu as Independent Director for a second 3-year term from October 1, 2026. Mr. Ramanand Mundkur will not seek re-appointment. The 95th AGM is fixed for August 21, 2026 via video conferencing, with August 14, 2026 as the record date for final dividend, if declared, for FY ended March 31, 2026.