'Federal Bank conducted a conference call on 28 January 2025 to discuss its financial results for the quarter ended December 2024. KVS Manian, MD&CEO of the bank addressed the call:
Highlights:
New MD has completed one quarter since taking over as the MD of the bank. The MD aims to forge a new way of thinking within the bank – astute, agile and alert, being called AAA culture.
The bank has formulated a detailed strategic plan which emphasize to gain more relevant scale beyond Kerala and the bank need some breakthrough effort to make this happen.
The bank has made some pivotal decisions about a strategic reorientation without disruptions. These changes are essential for creating a solid foundation.
The focus is on granular growth that strengthens the foundation of the bank.
The bank has implemented several changes aimed at improving the quality of the liability base. The most significant change has been shifting internal ...
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