Federal Bank receives ₹23.37 Lakh GST penalty order; plans appeal
The Federal Bank received a penalty order of ₹23.36 Lakhs from the Department of Trade & Taxes, New Delhi, under the CGST Act, 2017. The bank plans to appeal this order.
The penalty amount of ₹23.36 Lakhs is relatively small compared to the bank's overall financial size, hence the impact is considered low.
The company has been levied a penalty by a tax authority, which is a negative development.
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.
What to do with a filing like this
The Federal Bank Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by The Federal Bank Limited. Read the original for the full detail.