Federal Bank Q1 Results: Net profit rises 42% YoY to Rs 854 crore; NII up 20%
Federal Bank reported a standalone net profit of Rs 854 crore for the quarter ended June on Thursday, rising 42% compared to the company’s Rs 601 crore-Q1 profit of the previous year. The net interest income (NII) for the first quarter rose nearly 20% to Rs 1,919 crore. It was Rs 1,605 crore in the … Read more