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The Economic Times

Economy / The Economic Times

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Federal Bank appoints Cognizants Rajesh Varrier as independent director

Federal Bank has appointed Rajesh Varrier as a non-executive independent director on its board. This decision follows the announcement of the bank's impressive financial results for the September quarter. Varrier previously served as president of global operations at Cognizant and brings extensive management experience. The bank reported a significant rise in net profit and net interest income in comparison to last year.

16 Oct 2026 4:46 pm