ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
2 announcements with these filters
Federal Bank Ltd has executed a deed of assignment with Standard Chartered Bank, India to acquire its select retail credit card portfolio. The transaction involves migrating identified cardholders to Federal Bank. This strategic acquisition expands the bank's retail credit card footprint.
Federal Bank's Board approved the acquisition of a select retail credit card portfolio from Standard Chartered Bank, India. The transaction will be executed via a deed of assignment. This strategic move expands Federal Bank's unsecured retail footprint. Further updates on the execution timeline will follow.