Unifi Capital increased its stake in Fedbank Financial Services from 1.60% to 1.61%, acquiring 55,000 additional shares. The total value of Unifi Capital's holding in Fedbank Financial Services is now ₹96.06 crore based on the last closing price of ₹158.60 per share.
A subsidiary of The Federal Bank Limited, Fedbank Financial Services provides gold loans, home loans, loans against property, and business loan services across India. The company specializes in secured lending products tailored to individual and business borrowers. Its distinctive strength lies in leveraging its parent bank's extensive banking infrastructure, branch network, and financial expertise to deliver efficient and accessible lending solutions to diverse customer segments.
Chennai-based founded in 2001 by K Sarath Reddy. Runs thematic, niche strategies in Indian capital markets. One of India's largest pure-PMS firms by AUM.