Discover and read the best of Twitter Threads about #FederalBank
Most recents (6)
6 Key Takeaways of Federal Bank Result in this🧵
1) Federal Bank is one of the top banks when it comes to people sending money from their foreign bank account to an Indian bank account, they have a big market share of 20.36%. ⬇️
#FederalBank
1) Federal Bank is one of the top banks when it comes to people sending money from their foreign bank account to an Indian bank account, they have a big market share of 20.36%. ⬇️
#FederalBank
2) Banks make money by charging more interest on loans they give out than the interest they pay to people who save their money in the banks.
Interest income is an important number for a bank to look at.
Federal Bank made 27% more money from interest income compared to last yr.
Interest income is an important number for a bank to look at.
Federal Bank made 27% more money from interest income compared to last yr.
3) Net Profit grew up by whopping 54% to approx. 803 crores in Q3.
4) When a bank lends more money to customers, the bank has better chance to make more money.
Federal Bank loaned 15% more money to customers this time, which is good for the bank's business.
4) When a bank lends more money to customers, the bank has better chance to make more money.
Federal Bank loaned 15% more money to customers this time, which is good for the bank's business.
About -
Federal Bank Ltd was incorporated in 1931 as Travancore Federal Bank Limited. It provides retail & corporate banking, para banking activities such as debit card, third party product distribution etc., treasury & foreign exchange business.
Federal Bank Ltd was incorporated in 1931 as Travancore Federal Bank Limited. It provides retail & corporate banking, para banking activities such as debit card, third party product distribution etc., treasury & foreign exchange business.
The bank has a strong retail funding franchise, including a stable base of NRI deposits, largely contributed by remittances from the expatriate Indian community in the Middle East.
How did @coinbase Support @UPI_NPCI Payment support for Indian Crypto Lovers ?
Stay tuned and will write a detailed thread today.
1. How did they do it ?
2. Which PA is Involved ?
3. What is the risk which a Coinbase India user is exposed to ?
Stay tuned and will write a detailed thread today.
1. How did they do it ?
2. Which PA is Involved ?
3. What is the risk which a Coinbase India user is exposed to ?
1/n @RBI @dilipasbe @NPCI_NPCI
How did @coinbase support Payment acceptance for #Crypto in India?
Coinbase a Global leader hatched a plan by using #ShellCompanies to get Payment Methods enabled through Payment aggregators and banks such as Cashfree, BoB, IndusInd and ICICI.
How did @coinbase support Payment acceptance for #Crypto in India?
Coinbase a Global leader hatched a plan by using #ShellCompanies to get Payment Methods enabled through Payment aggregators and banks such as Cashfree, BoB, IndusInd and ICICI.
@gocashfree Supported them by issuing UPI VPA created in their own name :
cf.softewaregiant@indus
cashfree.pay@icici
cf.troxoverseas@indus
Cashfree had also provided them with Payout Solutions to add money apart from UPI as a method.
So Cashfree used their own account?
cf.softewaregiant@indus
cashfree.pay@icici
cf.troxoverseas@indus
Cashfree had also provided them with Payout Solutions to add money apart from UPI as a method.
So Cashfree used their own account?
A Thread on Ratio analysis and respective charts
No need to grab a coffee,Chai will do😄
The idea is to identify relatively stronger sectors & stocks when breadth is weak
Breadth=DT 1% (No of stocks in Double top buy on 1% PnF chart)
Breadth started falling from 14th Jan 2022
No need to grab a coffee,Chai will do😄
The idea is to identify relatively stronger sectors & stocks when breadth is weak
Breadth=DT 1% (No of stocks in Double top buy on 1% PnF chart)
Breadth started falling from 14th Jan 2022
So we need to identify sectors which remained resilient when market breadth was falling.
We will look back 8 trading sessions and any score above or equal to 5 is bullish (63% of times Sector outperformed benchmark)
We will look back 8 trading sessions and any score above or equal to 5 is bullish (63% of times Sector outperformed benchmark)
Mean reversals are best suited for current market breadth scenario. Once we have identified the sector the next step is to identify stocks in same fashion.
However the idea is to pick only stocks which are taking support near 50 or 200 EMA
Let us begin with first sector 👇
However the idea is to pick only stocks which are taking support near 50 or 200 EMA
Let us begin with first sector 👇
1 new chart everyday, it could be from any space ~ equities / commodities / crypto / forex / bonds , etc
Will try to do it daily 🙏💪
Here's the first one 👇
SBI vs BankNifty
Ratio chart has given monthly breakout implying SBI could outperform BN in coming months.
#PB365
Will try to do it daily 🙏💪
Here's the first one 👇
SBI vs BankNifty
Ratio chart has given monthly breakout implying SBI could outperform BN in coming months.
#PB365
A #CIBIL thread- Long read but I had to vent out. My CIBIL score is 622/900- 96% of loans sanctioned last year have a better score. So bottom of the barrel pretty much 1/13
My financial position- zero debt, 3 active credit cards with no overdues or rollovers EVER, a liquid investment portfolio that allowed me to retire at 46 i.e 5 years ago. Doesn’t scream bottom of barrel does it? So what went wrong? 2/13 #CIBIL
