Federal Bank receives ₹23.37 Lakh GST penalty order; plans appeal
The Federal Bank Limited announced on December 29, 2025, that it has received an order from the Department of Trade & Taxes, New Delhi, levying a penalty of ₹23,36,830. The order pertains to a penalt...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is The Federal Bank Limited in the news today?
The Federal Bank Limited (FEDERALBNK) is in the news due to the company has been levied a penalty by a tax authority, which is a negative development.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Federal Bank receives ₹23.37 Lakh GST penalty order; plans appeal
December 29, 2025, 02:18 PM
Top Queries to Ask About The Federal Bank Limited
More Details on This News
The Federal Bank Limited announced on December 29, 2025, that it has received an order from the Department of Trade & Taxes, New Delhi, levying a penalty of ₹23,36,830.
The order pertains to a penalty under Section 73(9) of the Central Goods and Services Tax Act, 2017 (CGST Act, 2017), read with relevant sections of the IGST Act, 2017. The bank received this order on December 29, 2025, at 10:59 A.M. (IST).
The Federal Bank intends to file an appeal against this order. The bank has provided the details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap
