Federal Bank

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Banking, Fintech & Insurance 21 Oct 2026, 08:00 AM IST

Federal Bank Names Cognizant Executive Rajesh Varrier as Independent Director

Federal Bank has appointed Rajesh Varrier, president of global operations at Cognizant, as a non-executive independent director on its board, adding a senior technology and operations leader to its governance structure. The move comes shortly after the lender reported a sharp rise in September-quarter profit and net interest income, underscoring a period of operational strength and strategic momentum.

By RDU Global Wire5 min read

Global Markets & Equities04 Oct 2026, 04:23 PM IST

Community Banks Sue U.S. Regulator Over Crypto Trust Charters

A U.S. banking trade group has sued the Office of the Comptroller of the Currency, accusing the regulator of fast-tracking trust bank charters for crypto firms without proper scrutiny. The case escalates a widening fight over whether digital asset companies should be allowed to enter the federal banking system through a lighter-touch trust charter route.

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Global Economy & Central Banks7h ago

U.S. Regulators Ease Burden on Community Banks, Expand 18-Month Exam Eligibility

Federal banking regulators have issued an interim final rule that broadens access to an 18-month on-site examination cycle for community banks, raising the asset threshold from $3 billion to $6 billion for qualifying institutions. The move is designed to reduce compliance burden for small, low-risk banks while preserving supervisory oversight through offsite monitoring between exams.

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Global Markets & Equities16 Oct 2026, 07:46 AM IST

U.S. Producer Prices Jump Most in 4½ Years, Signaling Persistent Inflation Pressure

U.S. producer prices surged in September at the fastest annual pace in four and a half years, underscoring that inflation remains sticky even as policymakers and investors look for signs of cooling demand. The data, driven in part by higher gasoline costs, adds to the debate over how much room the Federal Reserve has to ease policy and how long consumers will continue to face elevated prices.

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Global Markets & Equities15 Oct 2026, 10:11 PM IST

Swiss Top Court Upholds Bonus Cuts for Former Credit Suisse Bankers After UBS Takeover

Switzerland’s top court has upheld the government’s decision to strip bonuses from former Credit Suisse bankers after the lender’s emergency takeover by UBS, closing the bankers’ final legal avenue to recover the pay. The ruling reinforces the state’s authority to intervene in compensation disputes tied to the 2023 rescue of Credit Suisse and underscores the political sensitivity surrounding executive pay in a bank failure.

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Global Markets & Equities15 Oct 2026, 10:11 PM IST

U.S. Wholesale Inflation Jumps to Highest Level Since 2022, Intensifying Fed Pressure

U.S. wholesale inflation accelerated in September to its fastest annual pace since 2022, a reading that underscores persistent price pressures in the economy and complicates the Federal Reserve’s path on interest rates. The hotter-than-expected report adds fresh scrutiny to the durability of disinflation and may reinforce concerns that inflation is proving stickier than policymakers had hoped.

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Macro Economy & Fiscal Policy15 Oct 2026, 08:29 PM IST

Citi Sees Fed Delivering One More Rate Hike in December After Hot U.S. Inflation Print

Citigroup now expects the U.S. Federal Reserve to raise interest rates by 25 basis points in December after September inflation came in hotter than anticipated, reinforcing the view that policymakers will keep policy restrictive for longer. The brokerage said it now sees no further changes after that move, with rate cuts unlikely before June 2027.

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World Politics & Diplomacy15 Oct 2026, 07:48 PM IST

U.S. Judge Blocks Trump-Era Sanctions on Groups Assisting the I.C.C.

A federal judge in Washington has blocked the Trump administration’s sanctions against two rights organizations that support the International Criminal Court, delivering a significant legal setback to a policy aimed at punishing cooperation with the tribunal. The ruling underscores the continuing clash between U.S. executive power and international accountability efforts tied to alleged war crimes in Gaza and beyond.

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Co-Occurring Entities

Entities frequently referenced alongside Federal Bank:

Rajesh Varrier(1)India(1)Cognizant(1)