Federal Bank Share Price Surges; To Receive ₹686.31 Crore Tax Refund for AY 2011-14

Federal Bank has been granted a substantial tax refund amounting to ₹686.31 crore, covering multiple past assessment years. The amount includes applicable interest and is expected to strengthen the bank’s financial position. 

Refund Covers 3 Assessment Years 

The total refundable sum of ₹686,31,48,368 relates to Assessment Years 2011-12, 2012-13 and 2013-14. The amount includes interest components calculated under applicable provisions. 

The intimation regarding the refund was received by the bank on 18 February 2026, confirming the aggregate amount payable. 

Financial Impact on Federal Bank 

The inflow of ₹686.31 crore is expected to positively support liquidity and capital deployment flexibility. While the refund pertains to earlier assessment periods, the receipt strengthens the bank’s overall balance sheet position. 

Read More: New India Co-operative Bank Excluded from RBI’s Second Schedule! 

Federal Bank Share Price Performance  

As of February 20, 2026, at 10:14 AM, Federal Bank share price is trading at ₹291.60 per share, reflecting a surge of 1.14% from the previous closing price. . 

Conclusion 

The ₹686.31 crore refund covering 3 assessment years represents a significant financial gain for Federal Bank, reinforcing its capital base and financial stability. 

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