Federal Bank shares rally over 5% to fresh high on new CEO appointment. Should you invest?
Shares of Federal Bank rallied 5.5% to its new all-time high of Rs 203.40 on BSE on Tuesday after the company announced RBI approval of the appointment of Krishnan Venkat Subramanian as its Managing Director and Chief Executive Officer. “Based on our application made to the Reserve Bank of India (RBI) on May 06, 2024, … Read more
