FEDERALBNKThe Federal Bank Limited
Federal Bank launches the Verto Resident Savings Account for the domestic market
- Guidance
- Banks
The Federal Bank Limited has told the exchanges on 7 Oct 2026 that it launched the Verto Resident Savings Account on 7 Oct 2026. The filing classifies it as a resident savings account for the domestic market, and no foreign countries are listed.
The disclosure was made under Regulation 30 of the SEBI listing rules, with the details required by the SEBI master circular set out in a table.
Inference
This is a new savings product aimed at resident customers. The filing gives no fees, targets or expected balances, so its financial effect cannot be judged from it.
Reference: Original filing (PDF)
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