Federal Bank has officially announced the launch of two revamped current account variants, Fed Prime and Shreni CA Premium, effective February 24, 2026. This strategic move, disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is aimed at strengthening the bank’s domestic product portfolio. The update was formally communicated to both the National Stock Exchange of India and BSE Limited by the bank’s Secretarial Department.+4

The details of the launch indicate that both Fed Prime and Shreni CA Premium are categorized specifically as Current Account products tailored for the domestic market. This initiative follows the guidelines set by the SEBI Master Circular dated January 30, 2026, regarding product disclosures. By refreshing these variants, Federal Bank intends to enhance its service offerings for business entities and premium customers within India, ensuring their banking solutions remain competitive in the evolving financial landscape.+3

Federal Bank is a leading private sector bank in India, headquartered in Aluva, Kerala, with a significant footprint across the country. Throughout 2025, the bank focused on digital transformation and expanding its retail and MSME loan portfolios to drive market share. Recent updates from the 2025 fiscal year highlighted the bank’s success in securing strategic partnerships for co-branded credit cards and enhancing its “Digital at the Fore, Human at the Core” philosophy. The bank also received accolades in 2025 for its workplace culture and ESG (Environmental, Social, and Governance) initiatives, maintaining a stable credit rating amidst fluctuating market conditions.+1

In the financial results reported during the 2025 calendar year, Federal Bank demonstrated consistent growth in its core earnings. For the quarter ended September 30, 2025, the bank reported a Net Profit of approximately ₹1,057 Crores, reflecting a steady year-on-year increase. Total Income for the same period saw robust growth, driven by higher Net Interest Income (NII) and improved asset quality. Notable institutional investors, including the International Finance Corporation (IFC) and various prominent mutual funds, have historically maintained significant stakes in the bank, signaling confidence in its long-term strategy and governance.