Federal Bank says done with NPAs; sounds positive about FY17
After reporting a massive 96 percent plunge in March quarter net profit on massive jump in bad loan provisions, Federal Bank Monday said most of the asset quality worries are behind it and it is keen to expand its loan book going forward.
May 02, 2016, 21:09 PM ISTFederal Bank Net up 6.4% on high fee income, better assets
South-based private sector lender Federal Bank Thursday reported a 6.42 percent rise in September quarter net at Rs 240.30 crore, helped by a reduction in bad assets and better income.
Oct 16, 2014, 18:44 PM ISTFederal Bank net more than doubles to Rs 220 cr
Kerala-based private lender Federal Bank Wednesday said its net profit has more than doubled to Rs 220.23 crore in three months to June on better asset quality and lower provisioning which came down by 54 percent in the quarter.
Jul 16, 2014, 22:00 PM IST