The Federal Bank Limited has informed the Exchange about Product launch
FEDERALBNK · price
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Federal Bank has announced the launch of its Capital Gains Account Scheme on March 13, 2026. The scheme includes two products: Fed Capital Gains – Savings account and Fed Capital Gains – Deposit account. Both products are available to domestic as well as international customers. The disclosure was made under SEBI Listing Regulations to inform the stock exchanges about the new product offering.
This is a routine product launch aimed at customers looking to park capital gains proceeds in a tax-efficient manner. The move may help the bank attract new deposits and grow its low-cost current and savings account (CASA) base, but it is unlikely to cause any immediate material movement in the stock price.